Breaking news
-
Decarbonization
U.S. and U.K. Forge Maritime Nuclear Partnership
The Nuclear Energy Maritime Organization (NEMO) has expressed strong support for a new Memorandum of Understanding between the United States…
Read More » -
Bulk Carrier
Bangladesh Shipping Corporation Secures Historic Ship Purchase
In a groundbreaking move for the maritime industry, the Bangladesh Shipping Corporation (BSC) has announced the procurement of two modern…
Read More » -
News
NYK, MTI, and Grid Develop and Launch AI-based Car Carrier Allocation System
Nippon Yusen Kabushiki Kaisha (NYK), alongside MTI Co., Ltd. and Grid Co., Ltd., has unveiled an innovative AI-driven system designed…
Read More » -
Bulk Carrier
Ship Scrapping Rates Plummet Amid Strong Market
Ship owners are holding onto older vessels rather than scrapping them, driven by significant cash flows. According to a recent…
Read More » -
Bulk Carrier
Global Container Fleet Orders Tilt Toward Alternative Fuels
The container shipping sector is undergoing a significant transformation as it shifts towards cleaner fuel alternatives. Recent data from the…
Read More » -
Shipbuilding
GRSE Signs Five MoUs to Boost India’s Shipbuilding Sector
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has recently signed five strategic Memorandums of Understanding (MoUs) at Bhavnagar’s ‘Samudra Se…
Read More » -
Decarbonization
Mitsui O.S.K. Lines Launches Biofuel-Powered Voyage
Mitsui O.S.K. Lines, Ltd. has successfully completed a significant milestone in sustainable shipping by bunkering biodiesel-blended marine fuel in Singapore…
Read More » -
Shipbuilding
Allseas secures TAQA contract for UK North Sea platform removal
Swiss marine construction company Allseas has been awarded a significant contract by TAQA’s UK division for the decommissioning of the…
Read More » -
Shipbuilding
Diana Shipping scores firm price for latest ultramax sale
Greek shipping company Diana Shipping has announced the sale of the ultramax vessel, DSI Drammen, for a notable price of…
Read More » -
Shipbuilding
CNOOC averts strike as UK North Sea workers back new pay package
In a significant development, Unite, the largest offshore trade union in the UK, has announced that its members employed by…
Read More »
