News

Latest News

Latest news is aggregated from public, private and government sources.

  • Conrad Industries' First Quarter Income Up From 2024

    Conrad Industries has announced today its first quarter 2025 results with a net income of $3.9 million compared to $1.5 million during the first quarter of 2024.During the first three months of 2025, Conrad signed $67.3 million in contracts…

  • Naturally Quiet

    The Arctic’s bowhead whales can live for over 200 years. Imagine what they might hear in that time: screw propellers were only just being used to power ships 200 years ago, and diesel engines appeared some hundred years after that.The underwater radiated noise of shipping has grown globally…

  • FuelEU Maritime: Smarter Compliance Could Unlock a $279 Million Upside for Shipping

    As the FuelEU Maritime regulation enters into force, the shipping industry may be looking at a surprising upside. Instead of acting solely as a cost driver, the regulation could create a net financial gain, potentially around USD$279 million (€250 million)…

  • Debriefing Russia's "Shadow Fleet' of Oil Tankers Amidst Recent Conflicts

    Western sanctions imposed on Russia for invading Ukraine and aimed at cutting its oil revenues have led to the rise of a vast "shadow fleet" of tankers helping Moscow keep its crude exports flowing.Here are some key points about these unregulated…

  • Steerprop Appoints New Director of Service

    Thruster propulsion specialist Steerprop has appointed Juhani Hupli as its new Director of Service. Hupli, who joined Steerprop in February, will lead the development and delivery of the company’s lifecycle solutions for its thrusters, which…