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Bulk Carrier
Market Values Crucial for Shipping Industry Decisions
Vessel market values are essential for various stakeholders in the shipping industry, including shipowners, lenders, and investors. These values influence…
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News
Mobisoft Infotech Launches Digital Freight Platform Solutions for Enterprises
Mobisoft Infotech has unveiled a new initiative that allows enterprises to create and manage their own digital freight platforms. This…
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Shipbuilding
Heisco Secures $186.4 Million Power Contract in Kuwait
Heisco has officially signed a significant contract with Kuwait’s Ministry of Electricity and Water and Renewable Energy, valued at $186.4…
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Shipbuilding
South Korea’s Economic Growth Slows to 1% in 2025
SEOUL, March 30 (Yonhap) — South Korea’s gross regional domestic product (GRDP) experienced a modest increase of 1 percent in…
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Bulk Carrier
Iran’s Controversial Toll System for Strait of Hormuz Raises International Concerns
Iran has reportedly begun charging a toll of approximately $2 million for ships navigating through the strategically vital Strait of…
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Shipbuilding
Korea’s Economic Growth Slows to 1% in 2025
South Korea’s economy experienced a modest growth of just 1 percent in 2025, according to recent data released by the…
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Marine Accident
Salvage Operations Delayed for Damaged Russian Patrol Ship
Salvage operations for the ice-class patrol ship ‘Purga‘ have not commenced three days after a Ukrainian attack on March 25,…
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Bulk Carrier
Ukraine’s Defense Intelligence Exposes Russian Maritime Operations
Ukraine’s Defense Intelligence (HUR) has released a significant report detailing 51 vessels that are allegedly aiding Russia in its ongoing…
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Bulk Carrier
Saudi Crude Oil Shipment Heads to Pakistan Amid Regional Tensions
A significant shipment of Saudi crude oil is currently making its way to Pakistan after successfully navigating the Strait of…
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Bulk Carrier
GE Shipping Delivers LPG Vessel ‘Jag Vishnu’ as Part of Fleet Overhaul
The Great Eastern Shipping Company Limited (GE Shipping) announced the successful delivery of its 2002-built LPG vessel, ‘Jag Vishnu’, to…
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