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Classification News
Lloyd’s Register Grants Approval in Principle to Oshima Shipbuilding for Innovative Bulk Carrier Design
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Oshima Shipbuilding Co., Ltd. for its groundbreaking multi-fuel-ready Ultramax bulk…
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News
Dry Bulk Shipping Rates Surge to New Heights
The Baltic Exchange’s dry bulk index has experienced a significant increase, marking its third consecutive session of gains. On Tuesday,…
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Bulk Carrier
Urgent Rescue Operations Underway After Cargo Ship Sinks
BEIJING, Jan 23 (Reuters) – Rescue operations have been launched by China and the Philippines following the sinking of a…
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Shipbuilding
UK’s Future Support Ships Begin Construction in Spain
Navantia has officially commenced the construction of the first modules for the UK’s Future Solid Support (FSS) ships, set to…
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Decarbonization
Berge Bulk Launches Innovative Rotor Sails on Berge Meru
Berge Bulk has successfully installed four advanced folding Rotor Sails on its Newcastlemax vessel, Berge Meru, in collaboration with Anemoi…
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Shipbuilding
Switzerland Surges to Sixth in Shipowning Rankings
Veson Nautical has unveiled its latest rankings of the world’s leading shipowning nations, and Switzerland has made a significant leap…
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Shipbuilding
Surge in Secondhand Tanker Market Driven by VLCC Demand
The secondhand tanker market is experiencing a remarkable surge, particularly in the Very Large Crude Carrier (VLCC) segment. This uptick…
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Shipbuilding
ONGC and Mitsui O.S.K. Lines Forge Shipbuilding Partnership with Samsung Heavy Industries
Shares of Oil and Natural Gas Corporation (ONGC) are set to attract significant attention on Wednesday following the announcement of…
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Shipbuilding
Maritime Industry Faces Transformative Changes Ahead
As the Year of the Horse approaches, the shipping industry is filled with a blend of optimism and apprehension. Captain…
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News
Dry Bulk Shipping Rates Surge to New Highs
The Baltic Exchange’s dry bulk index has experienced a significant surge, climbing for the third consecutive session on Tuesday. The…
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