Austal has received a A$97.7m ($72m) contract from National Infrastructure Development Company (NIDCO) for the construction of a high-speed vehicle and passenger catamaran.
Hyundai Samho Heavy Industries has signed a $370m contract with Consolidated Marine Management (CMM) for building two 174,000m³ liquefied natural gas (LNG) carriers.
Drax Group has joined forces with Smart Green Shipping Alliance (SSGA), Ultrabulk, and Humphreys Yacht Design for reducing carbon dioxide (CO2) emissions from the shipping industry.
Carnival has established a cruise joint venture (JV) in China with China State Shipbuilding Corporation (CSSC).
Kongsberg Maritime has chosen storage solution company Leclanche as its battery partner and supplier of customised marine energy storage solutions.
Port of Bellingham and Ports America have signed a service contract to allow international cargo vessels to arrive at the Bellingham Shipping Terminal.
Saudi Arabia-based shipping and logistics company Bahri is planning acquisitions in Asia and the Middle East to widen its reach.
Sembcorp Marine has secured a design-build contract from Norled, a shipping company based in Norway, for the construction of three hybrid plug-in roll-on / roll-off (RoPax) passenger ferries.
Verifavia Shipping has secured contracts from Walaem Ship Management and Zeaborn Ship Management to offer verification services.
Epic Alabama Shipyard has acquired BAE Systems Southeast Shipyards Alabama and all of its associated shipyard facilities in Mobile, Alabama, US.