Local news today
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Shipbuilding
Akkuyu Nuclear Project Faces Major Delays
Construction on Turkey’s first nuclear power plant, the $24 billion Akkuyu project, has hit a significant slowdown, with work on…
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Shipbuilding
Feds and Seaspan celebrate major shipbuilding milestone
The West Coast shipbuilding industry is experiencing a remarkable resurgence, thanks to the federal government’s commitment to renewing its navy…
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Shipbuilding
United Maritime offloads second cape in fleet modernisation push
United Maritime, a Nasdaq-listed shipping company, has announced the sale of its second older capesize bulk carrier this year as…
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Shipbuilding
When is a seafarer not a seafarer?
Recent findings from the Seafarers Happiness Index (SHI) have illuminated a troubling trend in the maritime industry: the increasing reliance…
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Decarbonization
MOL Unveils Eco-Friendly VLCC Energia Viking
Mitsui O.S.K. Lines, Ltd. has officially launched its latest very large crude carrier (VLCC), the Energia Viking, during a naming…
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Bulk Carrier
Houthis Escalate Attacks on Ships Amid Gaza Conflict
The Houthi armed group has intensified its campaign against maritime vessels in the Bab el Mandeb Strait, a crucial passageway…
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Shipbuilding
Freight as a combination of science and art
Willem Vermaat, the shipping director at Heidelberg Materials Trading, sheds light on the complexities of calculating freight rates in the…
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Bulk Carrier
Top 5 shipping stocks in India to add to your 2025 watchlist
Recent geopolitical tensions have sent ripples through the global shipping market, particularly following a U.S. strike on Iranian nuclear sites.…
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Shipbuilding
Performance Shipping agrees refinancing deal with Greek bank
Performance Shipping, a Nasdaq-listed Greek tanker operator, has finalized a refinancing deal for an existing loan of $29.75 million with…
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Shipbuilding
St. Johns Ship Building awarded first Navy contract
St. Johns Ship Building in Palatka, Florida, has achieved a significant milestone by securing its first contract to construct a…
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