Trump Administration releases Maritime Action Plan aimed to revive US shipbuilding
Trump Administration unveils plan to revive U.S. shipbuilding, aiming to boost maritime businesses with port fees on Chinese cargo.
Maritime Propulsion News
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Sources say that CFM, the maker of jet engines, is working on a plan B to reduce fuel consumption.
CFM examines fuel-saving technologies with ongoing projects like RISE, assessing both open-fan and advanced-ducted engine designs.
Fincantieri, Italy, partners with Generative Bionics for a humanoid robot to weld.
Fincantieri and Generative Bionics partner to develop a humanoid robot for welding, testing begins by 2026 in Genoa’s shipyard.
Marathon Petroleum profits beat Wall Street expectations on strong refining and utilization margins
Marathon Petroleum beats Wall Street forecasts with strong refining margins, reporting Q4 profits of $4.07 per share against $2.88 expected.
Singapore's ST Engineering displays cargo drones and marine craft as it expands its reach
ST Engineering showcases next-gen AirFish Voyager and DrN600 cargo drone at Singapore Airshow, expanding into new tech markets.
Sources say that Donerail has offered to purchase superyacht services company MarineMax for a cash-only deal worth around $1 billion.
Donerail offers $1B cash deal for MarineMax, aiming to buy at $35/share amid industry buzz and rising marina investments.
L3Harris secures US Navy contract for Marine Corps Precision-Strike Program
L3Harris secures US Navy contract for Marine Corps Precision-Strike Program with advanced 'Red Wolf' missile systems.
Malaysia's Petronas wants to increase its exploration and production over the next three months
Petronas plans to boost exploration and production to enhance Malaysia's energy security, aiming for steady domestic output and strategic investments.
Stonepeak and CMA CGM form joint port venture
CMA CGM and Stonepeak form a $10B joint venture to enhance U.S. port terminals, boosting global maritime trade capacity.
Executives say Trinidad's Atlantic Liquefaction Project will begin to remove the liquefaction units in Q4.
Trinidad's Atlantic LNG to decommission a liquefaction unit in Q4, ensuring continuity by rerouting utilities. Modernization plans also underway.
Merchant marine: Spanish rescue ship escorted EU-sanctioned tanker to Morocco, according to merchant maritime
Spanish rescue ship escorts EU-sanctioned tanker carrying Russian oil to Morocco. This involves risky shipping practices.
The Magres: Radical design and family bond, a triumph across the Atlantic for this model
The Magres: A radical design becomes a transatlantic triumph, as father and son duo Olivier and Antoine Magre win the 2026 RORC Transatlantic Race.
Germany's TKMS is looking for investment packages to woo Canada about the $12 billion submarine tender
TKMS seeks multibillion investment to win Canada's $12B submarine tender, competing with South Korea. Beyond subs: AI, rare earths, batteries.
Raven sets monohull record for RORC Transatlantic Race
Raven sets monohull record in RORC Transatlantic Race, completing 3,000 miles in under seven days, heralding a new era in offshore sailing.
Goodchild swaps solo solitude for record run on Argo
Sam Goodchild breaks the record in RORC Transatlantic Race onboard Argo, a MOD70 trimaran, showcasing agility and teamwork.
UK Navy launches new crewless helicopter for countering North Atlantic threats
UK Navy unveils new autonomous helicopter 'Proteus' to counter North Atlantic threats, enhancing defense strategies amidst rising global tensions.