Hong Kong
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Shipbuilding
US Forces Seize Third Venezuelan Tanker in Days
In a significant escalation of maritime operations, U.S. forces have seized a third tanker linked to Venezuela within just two…
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Shipbuilding
Union Bulk Announces Leadership Change as CEO Michael Bonderup Steps Down
Danish dry bulk operator Union Bulk has confirmed a significant leadership transition, with Chief Executive Officer Michael Bonderup resigning from…
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Bulk Carrier
Baltic Sea on High Alert Amid Sabotage Concerns
The Baltic Sea region is experiencing heightened tensions following a series of outages affecting power cables, telecom links, and gas…
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News
Alang Shipbreaking Yard Sees Significant Increase in End-of-Life Ships in 2025
In 2025, Gujarat’s Alang shipbreaking yard, one of the largest in the world, experienced a notable 21% increase in the…
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News
Alang Shipyard Sees Surge in Ships for Recycling
In 2025, Gujarat’s Alang ship-breaking yard experienced a 21% increase in end-of-life ships arriving for recycling compared to the previous…
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News
Alang Shipyard Faces Crisis Amid Global Shipping Boom
Alang, India’s largest ship-recycling yard located in Gujarat, is experiencing a significant downturn after decades of prominence in dismantling end-of-life…
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News
Alang’s Ship-Breaking Industry Faces Decline
ALANG, INDIA – Once bustling with activity, Alang, the world’s largest ship-breaking yard, is now witnessing a significant decline in…
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Shipbuilding
Shipping Industry Faces Record Flag-Hopping in 2025
The latest report from Clarksons Research’s World Fleet Monitor reveals alarming trends in the shipping industry as geopolitical tensions escalate…
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Bulk Carrier
Canfornav Expands Global Reach with Hong Kong Office
Canfornav, a Montreal-based ship operator, is taking significant steps to enhance its global footprint by opening a new office in…
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Bulk Carrier
Pacific Basin shifting half of bulker fleet to Singapore to limit US port fee exposure
Pacific Basin Shipping, a company listed in Hong Kong, is relocating half of its bulk carrier fleet to Singapore. This…
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