Local news today
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South Korea-U.S. Trade Deal Stalled Over Submarine Dispute
Negotiations for a crucial trade agreement between South Korea and the United States are facing unexpected delays, primarily due to…
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Shipbuilding
New Eco-Friendly Cruise Ships Set Sail
In a significant move towards sustainable travel, the cruise industry is embracing innovative technologies to reduce its environmental impact. Two…
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Bulk Carrier
Chinese 48th Escort Group Takes Over in Djibouti
The People’s Liberation Army Navy (PLAN) has officially commenced its 48th Naval Escort Group’s mission in the Red Sea and…
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Shipbuilding
Shipping Pioneer Christel Vinnen Passes Away at 90
Christel Vinnen, a prominent figure in the shipping industry and leader of the family-owned F. A. Vinnen & Co., has…
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Decarbonization
OneOcean Joins Rightship’s Safety Initiative
OneOcean has officially partnered with Rightship by joining the Zero Harm Innovation Partners Program, a move aimed at enhancing safety…
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Shipbuilding
New Credit Note Scheme Boosts India’s Ship Recycling Industry
The Indian government has introduced a new ship recycling credit note scheme aimed at promoting vessel recycling and shipbuilding. Under…
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Shipbuilding
Scorpio Tankers Sells Four Vessels to Torm
In a significant move within the maritime industry, Scorpio Tankers has finalized the sale of four mid-range product tankers to…
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Bulk Carrier
Shipping Corporation Shares Plunge After Profit Drop
Shares of the Shipping Corporation of India (SCI) fell sharply by 7.3% to a low of Rs 247.25 on the…
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Decarbonization
Transition Industries Partners with MGC for Green Methanol Supply
Transition Industries LLC has secured a significant long-term agreement with Mitsubishi Gas Chemical Company, Inc. (MGC) for the supply of…
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Shipbuilding
Freire Shipyard Launches Diver Support Vessel for Spanish Navy
Freire Shipyard, a family-owned company in Spain, has officially laid the keel for its first diver support vessel, designated NC…
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