A $400 million pipeline to transport natural gas from Israel to Cyprus is awaiting government approval from both countries and Israel has expressed support, the head of Eastern Mediterranean focused gas producer
Norwegian Cruise Forecasts Q4 Profit Below Expectations
Norwegian Cruise Line Holdings forecast fourth-quarter profit below expectations on Tuesday, on cost uncertainties and subdued consumer appetite for sea-based vacations as travelers curb spending, sending its shares down 11%.Consumers are thinking…
ABS, Persona AI Partner to Bring Humanoid Robotics to Shipyards
A collaboration to develop inspection technologies for Persona AI’s humanoid robot platform that enhances productivity and safety in shipyards was formalized with the signing of an MOU between ABS and Persona AI.The
CMA CGM to Register 10 Vessels Under French Flag Following Scrutiny at Home
CMA CGM will register 10 container vessels to be delivered in the next three years under the French flag, adding more seafarers from its home country after facing calls to contribute more to France's
Ocean Network Express Releases Financial Results for Q2 FY2025
Ocean Network Express (ONE) has released its financial results for FY2025 2nd quarter (July 2025 to September 2025).The revenue for FY2025 2nd quarter was $4,455 million, with net profit of $285 million.
Stena Line Acquires Wasaline
Stena Line strengthened its position in the Baltic Sea by acquiring NLC Ferry Ab Oy/Wasaline and taking over operations of the ferry route between Umeå in Sweden and Vaasa in Finland.“It is
Master Boat Builders: A Family Shipyard at Full Steam
Expansion into Harbor Tug sector helps Master Boat Builders nearly double in size, from 200 to 400 employees building eight to nine vessels per year, and the prospect of a new drydock
Electrical Issue Takes WSF's Wenatchee Ferry Out of Service
Washington State Ferries reported that its 17-vessel service was dinged by the removal of the ferry Wenatchee, which has been taken out of service due to a mechanical issue involving one of
Newlight Completes RINA FAT for Hydrogen Retrofit
Newlight has completed Factory Acceptance Testing (FAT) for its hydrogen retrofit package for two- and four-stroke main engines.The system allows existing diesel engines to operate on a blend of hydrogen and conventional
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