The Board of Directors of Eimskipafélag Íslands hf. has approved newbuild contracts for two 2,280 TEU container vessels and a ten-year time-charter through ElbFeeder, a German affiliate of Eimskip. The vessels are intended to provide transportation services on the Company’s current Blue Line between Reykjavík and Rotterdam, as well as Teesport in the UK. Delivery… Read More
Funding will develop the next generation of American shipbuilders WASHINGTON – The U.S. Department of Labor today announced the availability of up to $8 million in funding to reinvigorate the U.S. shipbuilding industry, a key part of the department’s efforts to usher in a new era of American worker dominance in global supply chains. The project… Read More
Congressman Andy Harris announced the allocation of $50 million from the House-passed FY26 Energy & Water Appropriations Act for a new dredging vessel intended to improve navigation along Maryland’s waterways. The funding specifically aims to replace the aging Dredge Currituck, which has hindered critical dredging projects due to its poor condition. Harris emphasized the significance… Read More
New vessels to enhance auxiliary fleet capability of UK Royal Navy Damen Shipyards Group has signed a contract with Serco for the delivery of 24 vessels of various types. Serco has recently been awarded a ten-year contract with the UK Royal Navy to provide maritime services at His Majesty’s Naval Bases Clyde, Devonport and Portsmouth… Read More