Latest News
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Shipbuilding
Box rates rates sink to lowest levels since Red Sea crisis
Container freight rates are experiencing a significant decline, with Drewry’s World Container Index (WCI) falling 8% this week to $1,761…
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Shipbuilding
Global Shipping Faces Fragile Growth Amid Rising Challenges
The global shipping industry is entering a precarious phase of growth, grappling with geopolitical tensions, rising compliance costs, and persistent…
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Shipbuilding
DOF Secures Major Contracts with Petrobras in Brazil
Norwegian offshore vessel operator DOF has successfully secured three substantial service contracts with Petrobras, along with several short-term vessel agreements.…
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Shipbuilding
Polar Star returns to Mare Island shipyard
The Coast Guard’s heavy icebreaker, Polar Star, has returned after a 308-day mission to complete essential service upgrades, marking a…
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Shipbuilding
India Strengthens Shipbuilding with New MoUs
Cochin Shipyard Limited (CSL) has taken a significant step in enhancing India’s shipbuilding capabilities by signing two pivotal Memorandums of…
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News
NYK to Integrate Keihin Dock and Yokohama Machinery
NYK Group, a prominent player in the maritime industry, is set to enhance its engineering business by merging two key…
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Bulk Carrier
Cochin Shipyard Partners with HD KSOE for Maritime Growth
New Delhi, September 24 (KNN) — Cochin Shipyard Limited (CSL) has forged a significant long-term partnership with HD Korea Shipbuilding…
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Shipbuilding
India Launches $8 Billion Maritime Initiative
In a significant move to enhance its global standing in shipbuilding, India has announced an ambitious $8 billion maritime stimulus…
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Shipbuilding
New Outfitting Pier Bolsters Canada’s National Shipbuilding Strategy
Seaspan and Stantec have successfully completed a state-of-the-art outfitting pier at Vancouver Shipyards, a significant development aimed at bolstering Canada’s…
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Shipbuilding
Global Shipping Faces Uncertain Future Amid Rising Costs
The latest report from the United Nations Conference on Trade and Development (UNCTAD) reveals that global shipping is entering a…
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