Impact Subsea celebrates tenth anniversary of rapid growth with new award. Impact Subsea recently received the Kings Award for Enterprise in International Trade after over a decade of global growth and expansion into the underwater sensing market.
Shipbuilder Damen Shipyards was in November 2025 settling sue-at-law for bribery, sanctions violation and forgery leading to 6-16 while securing contracts for special offshore ships and growing green shipbuilding presence in Vietnam and Canada.
Wartsila secured repeat orders for hybrid propulsion systems from Aasen Shipping, and expanded its training footprint in the maritime sector with Sinocrew in China. Its technology group also identified key trends for 2026 as: decarbonization, digitalization and lifecycle optimization - now key processes across global shipping.
Bulk carrier deliveries in November 2025 include Pacific Carriers’ new 40,000DWT multi-purpose vessel, and orders include Aasen Shipping’s repeat order for hybrid powered 9,500DWT carriers from Aasen Shipping. Market analysts report weakening dry bulk fundamentals in the face of declining coal shipments and slowing demand growth.
November 17-24, 2025: A sanctions trial against the Dutch shipbuilder Damen Shipyards. The plans for international partnerships investing in U.S. yards, and expanding operations, to revive and upgrade the American shipbuilding capability were also progressing.