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News
Alang’s Ship-Breaking Industry Faces Decline
ALANG, INDIA – Once bustling with activity, Alang, the world’s largest ship-breaking yard, is now witnessing a significant decline in…
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Bulk Carrier
Pakistan National Shipping Corporation Faces Revenue Challenges
The Pakistan National Shipping Corporation (PNSC) is navigating turbulent waters as it reports a significant decline in revenue for the…
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Shipbuilding
Türkiye Launches Construction of First Naval Logistics Ship for Portuguese Navy
Türkiye recently initiated the construction of the first naval logistics ship for the Portuguese Navy with a steel-cutting ceremony at…
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Marine Accident
Iranian Forces Capture Tanker in Gulf Waters
The Iranian military has apprehended the Talara, a product tanker registered under the Marshall Islands, in a significant maritime incident.…
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Bunker Fuel Demand Surges in Middle East Ports
In October, the demand for bunker fuels saw a significant uptick across several key ports in the Middle East, driven…
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Shipbuilding
Brownfield shipyard expansion projects to get up to 25% capital support under Centre Draft guidelines
The Central government has announced a significant capital support initiative aimed at expanding brownfield shipyards, allocating ₹8,261 crore under the…
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Marine Accident
LCT Felicity 8 Runs Aground Amid Super Typhoon Uwan
On November 9, the landing-craft cargo vessel LCT Felicity 8 ran aground in Pagapas Bay, located off Wawa Ibaba in…
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Bulk Carrier
BSC’s new bulk carrier makes maiden voyage to Chattogram from China
The Bangladesh Shipping Corporation (BSC) has embarked on a significant milestone with its newly acquired bulk carrier, MV Banglar Progoti,…
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Shipbuilding
MSC Expands Fleet with Three New Boxships
Mediterranean Shipping Co (MSC) has significantly increased its fleet by acquiring three additional second hand boxships, bringing its total purchases…
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Bulk Carrier
Anemoi Marine Technologies completes NSU TUBARAO Rotor Sails installation
Anemoi Marine Technologies has successfully completed the installation of five 35-meter-tall Rotor Sails on the NSU TUBARAO, one of the…
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