MSC Cruises and Fincantieri announced the signing of a memorandum of agreement (MOA) for the construction of four ultra-luxury cruise ships for a total value in excess of EUR 2 billion.
Regional trade enabler DP World, UAE Region has been recognised for its industry leading services and practices at this year’s Maritime Standard Awards
Despite the fact that shipbuilding orders awarded to Korean dockyards have seen an increase, local media informed that the need to confirm whether the increase is temporary or sustainable over the long term remains.
Global natural gas markets are being reshaped by the development of major emerging LNG buyers led by China, and the rising production and exports form the U.S.
The Canadian government has announced that BAE Type 26 design has been chosen for its $60 billion Surface Combatant project to replace the navy's aging fleet of frigates.