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Shipbuilding
Malaysian Authorities Intercept Illegal Tanker Transfers Off Penang
Last week, Malaysian authorities detained two tankers off the coast of Penang during an operation targeting illegal ship-to-ship (STS) transfers…
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Shipbuilding
India Launches $1.2 Billion Container Manufacturing Initiative
In a significant move to bolster its trade infrastructure, India has unveiled a substantial five-year plan aimed at establishing a…
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Shipbuilding
Frontline Secures High-Value Charters for VLCCs
Frontline, a prominent player in the maritime industry controlled by John Fredriksen, has made headlines by securing one-year time charters…
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News
Shipbreaking Industry’s Environmental and Human Toll in Bangladesh
Every day, the coastal region of Sitakunda, Bangladesh, witnesses the dramatic dismantling of ships, a process that poses significant environmental…
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Shipbuilding
Canadian Defense Minister Evaluates Hanwha Ocean’s Submarine Capabilities
SEOUL, Feb. 2 (Yonhap) — Stephen Fuhr, Canada’s minister responsible for defense procurement, visited Hanwha Ocean Co.’s shipyard in Geoje,…
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Bulk Carrier
Tragic Incident Aboard Bulker Off Buenaventura Coast
Colombia’s maritime authority has confirmed a tragic incident involving the geared bulker *Cetus Narwhal*, which resulted in the death of…
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Shipbuilding
DHT Holdings Accelerates Fleet Renewal with $51.5M Sale
DHT Holdings, a prominent player in the supertanker industry, is moving forward with a significant fleet renewal strategy by agreeing…
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Shipbuilding
Samsung Heavy Industries Announces Performance Bonuses After 12-Year Hiatus
Samsung Heavy Industries (SHI) is set to distribute performance bonuses for the first time in over a decade, marking a…
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Bulk Carrier
Nuclear Power Set to Transform Commercial Shipping
The Norwegian University of Science and Technology is spearheading the Nuclear Propulsion in Merchant Shipping (NuProShip II) project, which aims…
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Shipbuilding
Sonangol Expands LNG Shipping Fleet with New Order
Angola’s state-controlled energy company, Sonangol, is set to enhance its liquefied natural gas (LNG) shipping capabilities by placing an order…
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