The Mexican Navy and Damen Shipyards Group (the Netherlands) signed another contract for a license, material package and technical assistance of a Damen Stan Patrol 4207. The agreement also includes crew training in the Netherlands.
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(Bloomberg) — The biggest labor union at South Africa’s state-owned port and rail company are starting final talks with a third-party arbitrator to resolve a wage dispute and stave off...
Russia has announced a RUB 500bn ($6bn) plan to revitalize domestic shipbuilding. The National Strategy for the Development of the Shipbuilding Industry outlines an extensive program to add 1,637 merchant vessels to its fleet by 2036.
Italian shipbuilding giant Fincantieri S.p.A. reported unprecedented growth in the first quarter of 2025, with EBITDA surging 54% to €154 million and total backlog reaching a record €57.6 billion. The...
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