CMA CGM Group's 2025 Profit Falls 21%; Middle East Situation Affects Shipping Outlook
France's CMA CGM Group recently stated that after a robust performance in 2025, container shipping d...
Shipping Industry Digital Transformation Faces Challenges of Technological Disruption
In terms of digitalization and artificial intelligence applications, the maritime industry is often ...
Austal USA Launches Final Expeditionary Fast Transport Ship, the Future USNS Lansing (EPF 16)
On February 25, 2026, Austal USA launched the U.S. Navy's final Expeditionary Fast Transport ship, t...
Container Shipping Freight Rates Continue to Fall; Shipping Lines Adjust Capacity in Response to Market Changes
The World Container Index released by Drewry shows that global container shipping freight rates have...
Romanian Glo Marine Invests €6 Million in Ship Refit Facility to Enhance Service Capabilities
Romanian engineering company Glo Marine has announced an investment in an integrated assembly and pr...
US Maritime Action Plan MAP Focuses on Traditional Shipbuilding, Faces Challenges in Transition to Clean Shipping Market
In February, the U.S. federal government released a policy document called the Maritime Action Plan ...
AI Welding Technology Boosts Shipbuilding Automation, Enhancing Unmanned Vessel Construction Efficiency
HII, based in Virginia, has signed a Memorandum of Understanding with Path Robotics to explore integ...
Australian Government Invests $30 Million to Support Non-Defense Shipbuilding Projects at Henderson Maritime Precinct
The Australian Federal Government has announced an initial investment of $30 million to support non-...
GLO Marine Invests $7 Million to Build Ship Conversion Center in Romania
Ship conversion company GLO Marine has announced a $7 million investment to establish a new integrat...
Arctic Ship Traffic Increases 40% Over Decade, Driven by Resource Development
According to the latest data released by the Arctic Council's PAME working group, Arctic ship traffi...