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Decarbonization
Wärtsilä to Equip New Heavy Lift Vessel
Technology group Wärtsilä has secured a significant contract to supply the engine and propulsion systems for a new 3,800 DWT…
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News
Global Shipbreaking Report Highlights Safety Concerns in South Asia
The NGO Shipbreaking Platform has released its annual report for 2025, revealing that a staggering 85% of the global tonnage…
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Shipbuilding
Container Shipping Faces Looming Financial Crisis
The container shipping industry is bracing for a significant downturn as analysts warn that the lucrative cash flow enjoyed during…
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Bulk Carrier
Coast Guard Rescues Yacht Zion Near Bermuda
In a dramatic maritime rescue, local officials coordinated an international response after the French sailing yacht Zion sent out a…
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Shipbuilding
HD Hyundai Poised to Operate Morocco’s Largest Shipyard
As Morocco prepares to select an operator for its new shipyard, HD Hyundai is emerging as the frontrunner in the…
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Shipbuilding
Seatrium AmFELS Shipyard Sold to Karpower Valley for $51 Million
Seatrium AmFELS, a subsidiary of Singapore’s Seatrium, has finalized the sale of its shipyard located in Brownsville, Texas, to Karpower…
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Bulk Carrier
Stranded Crew Faces Danger Amid Conflict in Ukraine
On the night of July 16, 2022, Gaurav Joshi, a crew member aboard the cargo ship MT Nathan, experienced a…
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Shipbuilding
Local Man Faces Uncertainty Over Unique Off-Grid Pirate Ship Home
Sam Griffiss, a 35-year-old former construction worker, has created a unique living space—a pirate ship named Daisy May—on the banks…
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Shipbuilding
Maersk and Hapag-Lloyd Resume Red Sea Transits Amid Security Concerns
Maersk and Hapag-Lloyd are set to resume transits through the Red Sea as part of their shared Gemini Cooperation services.…
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Shipbuilding
Diana Shipping Secures Charter Extension for Amphitrite
New York-listed Diana Shipping, a prominent Greek dry bulk owner, has successfully secured a direct continuation of the charter for…
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