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Fishing Vessel Grounds Off Dadaepo, Injuries Reported
On December 16, a fishing vessel weighing 9.7 tons ran aground in the Sea of Japan near Dadaepo, Saha-gu, Busan,…
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Shipbuilding
France Launches Ambitious Program for Next-Generation Aircraft Carrier
France has officially initiated a significant program to develop a new generation aircraft carrier, known as PANG (PANG for “PANG”…
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Bulk Carrier
Maritime Threats Surge in Western Indian Ocean
The Western Indian Ocean (WIO) is grappling with escalating maritime threats, particularly as piracy resurfaces along the Somali coastline. A…
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Shipbuilding
TechnipFMC Secures Major EPCI Contract with Eni
TechnipFMC, a leading offshore contracting firm, has secured an Engineering, Procurement, Construction, and Installation (EPCI) contract with Italian energy giant…
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Shipbuilding
Zodiac Maritime Sells Cape Merlin in Strategic Move
Zodiac Maritime has made headlines with the recent sale of the Cape Merlin, a Newcastlemax bulker, to Chinese buyers for…
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Fishing Vessel Capsizes in East Vietnam Sea, Crew Rescued
On December 15, a fishing vessel named *QT-90559-TS* capsized in the East Vietnam Sea, approximately three nautical miles northeast of…
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Marine Accident
Bulk Carrier Alfaisaliah Runs Aground in Turkey’s Sea of Marmara
On December 20, the bulk carrier *Alfaisaliah*, measuring 225 meters in length and weighing 76,623 deadweight tons, ran aground in…
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Shipbuilding
Digital Barriers Transform Shipping Industry Dynamics
In the shipping sector, low entry barriers are increasingly countered by digital exit barriers established by IT vendors. The dry…
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Shipbuilding
Diana Shipping Secures New Charter for Kamsarmax Vessel
Diana Shipping has announced a significant new time charter agreement for one of its kamsarmax bulk carriers, enhancing its portfolio…
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Shipbuilding
US Seizes Third Venezuelan Oil Tanker in Caribbean
In a significant enforcement action, US authorities have seized a third oil tanker linked to Venezuela following a pursuit in…
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