Maritime Propulsion News
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Naval Group CEO: Europe is 'buying more European'
Naval Group CEO highlights Europe's shift towards European defense purchases, boosting Naval Group's revenue in Europe since 2019.
Four oil and gas tanks turn back after vessel attacks from the Hormuz Strait
Four oil and gas tankers turned back from the Strait of Hormuz due to renewed attacks, raising security concerns for transiting vessels.
Four oil and gas tanks turn back after vessel attacks from the Hormuz Strait
Four oil and gas tanks turned back from Hormuz Strait after vessel attacks, raising safety and security concerns in a vital waterway.
Lockheed Martin buys Ultra Maritime for 3.45 billion dollars
Lockheed Martin acquires Ultra Maritime for $3.45B, enhancing its defense portfolio amid rising global demand for military tech.
Lockheed Martin is leading the race to acquire Advent's Ultra Maritime for $3.5 billion, reports FT
Lockheed Martin leads in the $3.5B race to acquire Ultra Maritime, amid a competitive auction to expand its defense tech portfolio.
SpaceX will build the 'Starpipe’ natural gas pipeline for Starship rockets
SpaceX to build 'Starpipe' natural gas pipeline to fuel Starship rockets at Texas launch sites, aiming for higher launch rates.
From corn fields and cargo ships, early interest in ethanol as a marine fuel
Ethanol sets sail as a marine fuel, offering shippers a cost-effective, low-emission alternative amidst global fuel supply challenges.
From corn fields and cargo ships, early interest in ethanol as a marine fuel
Maersk and Vale explore ethanol as a low-cost marine fuel to reduce emissions, with commercial use expected next year.
Two crew members missing following suspected US strike on tanker near Oman
Two crew members missing after suspected US strike on tanker near Oman. A maritime security incident raises tensions in the region.
SailGP, a fast-growing company, wants to stay around for "hundreds" of years
SailGP aims to become a lasting phenomenon in high-speed sailing with rapid growth and celebrity investors boosting its global appeal.
