The partnership, announced on December 3, will advance all three companies’ endeavors into commercial, naval, and other government shipbuilding projects, including the U.S. Navy’s Next Generation Logistics Ship (NGLS).

Bahrain-based ship repair and marine services firm Arab Shipbuilding & Repair Yard (ASRY) and Italy’s shipbuilding group Fincantieri sealed a deal to jointly evaluate opportunities for the design and construction of surface military vessels up to 80 meters in length

Greek owner George Economou’s TMS Group is set to boost its containership fleet with another wave of LNG dual-fuel newbuildings at China’s Zhoushan Changhong International Shipyard.

China and India are the main drivers behind the continued growth of the intra-Asia trades, but freight rates could be hit by return to Suez transits.

The agreement, reached on December 4 after the second round of negotiations, applies to all seafarers sailing on German-flag ships that are members of the collective bargaining association.

Please find ETS surcharge amounts (European Union Emission Trading System) for January 2026 in the tables below.