Local news today
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Bulk Carrier
Prices for vintage capes rise
Prices for vintage capesize bulk carriers are experiencing a significant uptick, with spot rates soaring by approximately 300% in just…
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Shipbuilding
Oman’s national shipping company to acquire six newbuild vessels by 2026-27
MUSCAT: Asyad Shipping, a newly-listed national shipping company, has announced a significant increase in its net profit for the year…
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Shipbuilding
A Russian Aircraft Carrier Was Hauled Away to China for 1 Reason
The Minsk, a notable Soviet-era aircraft carrier, has transitioned from military service to a theme park attraction in China. Originally…
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Shipbuilding
Despite Trump tariff war, Deltaport expansion years away
The proposed expansion of the Roberts Bank Terminal 2 (RBT2) project is facing significant delays as final approvals remain pending…
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Classification News
Fugro block fee announcement. | LR
Lloyd’s Register (LR) and Fugro have announced a block fee agreement to streamline the in-service certification and maintenance of Fugro’s…
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Marine Accident
Bermagui boat wreck salvage ‘complex’, clean-up likely to take weeks
The fishing vessel Volition ran aground at Dickinson Point in Bermagui during the early hours of February 27, prompting immediate…
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Shipbuilding
US launches first-ever 240-ton ship that needs zero crew to operate
The U.S. Defense Advanced Research Projects Agency (DARPA) has reached a significant milestone in maritime technology with the completion of…
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Marine Accident
Truck Drove Off Dock and Crashed into Water in Maine
A man sustained injuries after his pickup truck veered off the Dysart’s Marina dock in Southwest Harbor, plunging approximately 20…
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Marine Accident
Leaked audio reveals Greek complacency in 2023 shipwreck – Pakistan
Recent revelations have intensified scrutiny on Greek authorities regarding their role in the tragic sinking of a migrant boat, the…
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Marine Accident
BT-92263-TS – Shipwreck Log
On March 1, the fishing vessel BT-92263-TS capsized and sank in the East Vietnam Sea, close to Ben Tre, Vietnam.…
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