Maritime Vessels Directory

The commissioning of China's latest aircraft carrier this week marks a new chapter in its military modernisation effort but security analysts and regional diplomats say tough challenges lie ahead before it can be made fully operational.President Xi Jinping attended the commissioning and flag-presenting ceremony of the Fujian in Hainan province on Wednesday, and boarded the vessel for an inspection tour, the official Xinhua news agency reported on Friday.The Fujian is China's third aircraft carrier, with a flat flight deck and electromagnetic catapults for take-offs that make it a potentially far more powerful naval weapon than China's first two Russian-designed carriers.

Philly Shipyard Unable to Build Nuclear Submarine Despite Trump Green Light

23 hours ago

The South Korean-owned Philly Shipyard in the United States does not currently have the capability to build a nuclear-powered submarine, Prime Minister Kim Min-seok said on Thursday during a parliamentary hearing.His remarks come after U.S. President Donald Trump wrote on social media last week that he had given approval for South Korea to build a nuclear-powered submarine and that it would be built in the Philadelphia shipyard.Trump posted the comment on his Truth Social platform after South Korea's President Lee Jae Myung asked him during a summit to let his country, an ally of the U.S., have fuel for nuclear-powered submarines equipped with conventional weapons.

Pirates Board Tanker Off Somalia, Highest Tension Escalation Since 2024

yesterday

Pirates have boarded a Malta-flagged products tanker off Somalia, maritime security sources said on Thursday, while the vessel's manager said the ship's 24 crew members were safe.Attacks on vessels by armed assailants in recent days have raised concerns for shipping lanes in a region across which critical energy and goods are transported to global markets.The Hellas Aphrodite, which was carrying gasoline, was en route from India to South Africa when a "security incident" took place on Thursday morning, its Greek manager Latsco Marine Management said, without providing details.

Algoma Central Fleet Hits the 100-Vessel Mark, Records Strong Q3

2 days ago

St. Catharines, Ontario–based Algoma Central Corporation (TSX: ALC) reported a solid third quarter for 2025, marked by fleet milestones, steady revenue growth across segments, and ongoing investment in next-generation vessels.For the quarter ended September 30, Algoma posted revenue of C$228 million, up from C$205 million a year earlier, and EBITDA of C$89.7 million, a 19% increase year-over-year. Net earnings came in at C$39.4 million or C$0.97 per share, essentially flat compared to Q3 2024.

Stena Line Acquires Wasaline

3 days ago

Stena Line strengthened its position in the Baltic Sea by acquiring NLC Ferry Ab Oy/Wasaline and taking over operations of the ferry route between Umeå in Sweden and Vaasa in Finland.“It is with great joy and enthusiasm that we at Stena Line take on the responsibility for Wasaline and the route between two important regions and cities, Umeå and Vaasa,” says Niclas Mårtensson, CEO of Stena Line.The only existing ferry connection between Umeå and Vaasa is jointly owned by the two cities through the 50/50-owned company Kvarken Link, which in turn owns NLC Ferry which operates under the auxiliary name Wasaline.

Maritime Reporter and Engineering News (October 2025)