India’s V.O. Chidambaranar Port Authority has opened a tender for a new shipbuilding and repair yard across 56 hectares at Tuticorin, including 49 hectares of land and seven of waterfront, offered on a 30-year lease. Entrants to the bidding process…

EVE Energy and Green Whale Technology (GWT) have signed a strategic partnership to expand the global deployment of high-performance marine Battery Energy Storage Solutions (BESS). The alliance combines EVE’s lithium marine battery technology with…

After a pilot project with Palantir Foundry, in which submarine constructor General Dynamics Electric Boat claims to have brought a 160-hour planning job to just ten minutes, the US Navy is spending some USD 448 million in bringing AI technology to…

Davie Defense has acquired Gulf Copper & Manufacturing’s shipbuilding assets in Galveston and Port Arthur, Texas, following review by the Committee on Foreign Investment in the United States (CFIUS). The acquisition gives Davie Defense, part of the…

Barcelona and Singapore-based bound4blue has secured USD 44 million in new investment to scale production of its suction sail propulsion systems for commercial shipping. Led by OCTAVE Capital and Katapult Ocean, the round also included Odfjell family…

DNV’s latest White Paper on methanol in shipping reports that the fuel has reached a high level of technical maturity and is increasingly supported by existing infrastructure, but wider uptake still depends on regulatory and economic drivers. More…

Samsung Heavy Industries has expanded its links with the US shipbuilding sector through a three-way agreement with Daewoo Shipbuilding and Marine Engineering’s DSEC unit and the US repair yard Nassco, part of General Dynamics. The move follows…