Industry News

The global marine fin stabilizer market is riding a wave of innovation and demand, with projections showing a surge from USD 10.4 billion in 2025 to USD 32.3 billion by 2035. This USD 21.9 billion leap represents a compound annual growth rate (CAGR)

TGS, a leading provider of energy data and intelligence, has secured its first ocean bottom node (OBN) contract in Europe for the 2026 season. The contract, awarded by a repeat customer, underscores TGS’s reputation for delivering high-quality data a

Aotearoa Ocean Racing (AOR) is charting a new course, and it’s not just about speed. The team has teamed up with KiwiFibre, a New Zealand company pioneering sustainable composites, signaling a clear intent: the next Ocean Race will be a testbed for c

Admiral Dinesh Tripathi, Chief of the Naval Staff, underscored the Indian Navy’s readiness and strategic prowess during the sixth Admiral J G Nadkarni Memorial Lecture in Pune. Speaking on “Indian Navy: Navigating amidst the ongoing flux of geopoliti

China’s latest military innovations, showcased during the Victory Day parade in Beijing, have turned heads—and not just because of their sleek design. The People’s Liberation Army Navy’s new unmanned underwater drones are packing some serious tech, a

In a vibrant showcase of China’s technological prowess and cultural depth, 26 journalists from 11 countries along the Maritime Silk Road embarked on a three-day tour of Shenzhen. The delegation, which included reporters from Vanuatu, Egypt, Fiji, Ind

Singapore’s maritime sector is a powerhouse of global trade, and it’s not just about the port’s impressive throughput of over 37 million TEUs annually. The city-state’s strategic location, world-class infrastructure, and forward-thinking policies hav

The Methane Abatement in Maritime Innovation Initiative (MAMII) hosted its inaugural event in Brussels last week, uniting shipowners, engine designers, technology providers, and EU policymakers to accelerate the reduction of methane emissions from sh

In the icy expanse above the Arctic Circle, a fleet of specialised ice-class vessels has long been the lifeline for Russia’s Yamal LNG project, one of the country’s most valuable energy assets. These Arc7 ice-class carriers, capable of smashing throu

The maritime sector is witnessing a seismic shift as Trafigura, a titan in the commodities trading arena, teams up with maritime tech innovator ZeroNorth. This isn’t just another tech adoption story—it’s a strategic play that could redefine how the i