Maritime business news from 2024 May 16 on the PortNews website.

Sea-Intelligence: Improved vessel delays may release more capacity ...

The newbuilds ordered by UME are due for delivery in 2027 and contracted a a total cost of approximately $70 million ...

Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company between Chandra Asri Capital ...

The employees at HD Hyundai were convicted in November of acquiring military secrets related to the Korea Destroyer Next Generation project ...

Russia, Tatarstan based Zelenodolsk Plant named after A.M. Gorky (Zelenodolsk Shipyard) today held an official launching ceremony for two ships being built for the Russian Navy fleet: the Project ...

The ships, adding 14,400 teu to the total orderbook, are expected to be delivered from second half of 2026 onwards ...

Stena Line to increase cargo capacity by 30% on Stena Forerunner and Stena Foreteller ...

Wallenius Wilhelmsen reported strong performance for the first quarter of 2024 with EBITDA at USD 438m and a net profit of USD 185m.

This collaboration ensures Team Vigilance can meet the needs of the Royal Canadian Navy’s future fleet with a tailored naval solution ...

The modular, upgradeable design of the Wartsila 25 engine will allow Vardin to reduce vessel fuel consumption and emissions ...

The Port Authority of Valencia (PAV) has received three bids for the public tender for the adaptation and exploitation under administrative concession of the nautical-sports facilities in the northern ...