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Shipbuilding
The USCGC Polar Star Rescues Australian Cruise Ship in Antarctica
On January 17, 2023, the USCGC Polar Star successfully freed the Australian luxury cruise ship Scenic Eclipse II from icy…
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Decarbonization
Mitsui O.S.K. Lines Partners with ONGC for Ethane Transport
Mitsui O.S.K. Lines, Ltd. has announced the formation of two joint ventures with India’s Oil and Natural Gas Corporation Limited…
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Shipbuilding
Daehan Shipbuilding Secures Major Orders for Suezmax Vessels
Daehan Shipbuilding announced on January 29 that it has successfully secured orders for six out of the eleven Suezmax vessels…
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Shipbuilding
Stonepeak and CMA CGM Forge $10 Billion Joint Venture in Global Terminal Operations
US infrastructure investor Stonepeak has announced a significant joint venture with French shipping giant CMA CGM, valued at nearly $10…
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Bulk Carrier
Ghana Manganese Company Plans $450 Million Refinery in Tarkwa
The Ghana Manganese Company (GMC) is set to establish a manganese refinery in the Tarkwa enclave, near Nsuta in the…
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Shipbuilding
HD Hyundai and India Strengthen Shipbuilding Ties
HD Hyundai’s Chairman, Chung Ki-sun, recently met with Indian Prime Minister Narendra Modi to discuss enhancing collaboration in the shipbuilding…
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Shipbuilding
International Seaways Accelerates Fleet Modernization
International Seaways is strategically downsizing its fleet by selling older vessels, enhancing its balance sheet and trading capabilities. Since the…
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News
Shipping Market Faces Turbulent January
January has proven to be a challenging month for the shipping industry, marked by a significant decline in activity across…
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Shipbuilding
Massive Container Ship Docks at PSA Keppel Terminal
This week, the West Coast Highway has become a focal point for ship enthusiasts as the colossal container ship Ever…
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Decarbonization
Yanmar Leads Japan in Hydrogen Engine Innovation
Yanmar Power Solutions Co., Ltd. has made a significant breakthrough in the maritime industry by becoming the first engine manufacturer…
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