New Times Shipbuilding Co. Ltd.

The newly launched electric ferry Nerthus has set sail, featuring Danfoss Drives’ latest iC7 series as a key part of its all-electric propulsion system.Danfoss provided essential components for the ferry’s electric drivetrain and parts of the shoreside charging infrastructure.Molslinjen, Denmark’s largest domestic ferry operator, invited key partners and guests to celebrate Denmark’s newest e-ferry on Friday June 20, 2025, when Nerthus officially was put into service. Jørgen Mads Clausen, Chairman Emeritus of Danfoss, joined the voyage to mark this exciting milestone.

At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes on Iran, shiptracking data shows, as more than a week of violence in the region prompts vessels to speed, pause, or alter their journeys.Washington's decision to join Israel's attacks on Iran has stoked fears that Iran could retaliate by closing the strait between Iran and Oman through which around 20% of global oil and gas demand flows.That has spurred forecasts of oil surging to $100 a barrel. Both Brent and West Texas Intermediate crude hit fresh five-month highs on Monday in choppy trade as investors weighed the potential risks to supply.

A Yemeni Houthi official said on Sunday that the Iran-aligned group's response to the U.S. attack on Iran was "only a matter of time."Mohammed al-Bukhaiti, a member of the Houthi movement's political bureau, told Al Jazeera Mubasher TV that its ceasefire deal with Washington was before the "war" on Iran.The group has been launching attacks on shipping lanes and Israel in what it says is in solidarity with Palestinians in Gaza during the Israeli war. It agreed on a ceasefire deal with the United States in May to stop attacking U.S. ships in exchange for an end to Washington's bombings of the group.The multinational, U.S.

The Shell-led LNG Canada facility has produced its first LNG for export in Kitimat, British Columbia, a spokesperson for the project confirmed on Sunday.The milestone comes in advance of the facility loading its first LNG export cargo, which LNG Canada said it remains on track to do by the middle of this year.The facility is the first large-scale Canadian LNG project to begin production and also the first major LNG facility in North America with direct access to the Pacific coast, significantly reducing sail time to Asian markets when compared to U.S. Gulf coast facilities.

▶ Medium-sized containerships to be built by 2028, supported by design, procurement, equipment, and strategic technology investmentHD Hyundai launched a strategic shipbuilding collaboration in the United States, signing with U.S.-based Edison Chouest Offshore (ECO) to establish a strategic and comprehensive partnership for the construction of U.S. commercial vessels.The signing ceremony was held on Friday, June 20, at ECO’s headquarters in New Orleans, Louisiana. The event was attended by Hannae Choi, Head of Planning at HD Korea Shipbuilding & Offshore Engineering, and Gary Chouest, Chairman of ECO.