American Bureau of Shipping (ABS) has granted Approval in Principle (AIP) for a design for a wind turbine installation vessel (WTIV) for China Ocean Shipping Company Limited (COSCO) by Friede and Goldman (F&G).According to ABS, the design is…

Finland-based cruise shipbuilder Meyer Turku saw its full-year 2021 net loss widen, despite a somewhat higher turnover compared to 2020. Still, the company said it was a "satisfactory result in the midst of a protracted pandemic."The company's turnover was EUR 1.08 billion.

India finally leads the way on pricing this week, as all of markets i.e. Pakistani, Bangladeshi and even the Turkish markets work their way towards Eid holidays and the end of the Holy month of Ramadan, GMS, which describes itself as the world's largest buyer of ships & offshore vessels…

Coast Guard Sector St. Petersburg is getting its first 154-foot fast response cutter "Pablo Valent", a Sentinel-class vessel, where the crew will begin training to become certified in law enforcement and rescue operations.Pablo Valent is scheduled to be officially commissioned on May 11, 2022.