Maritime News
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Shipbuilding
Splash Wrap: Koreans bankroll America’s rusting docks
In a significant move to bolster U.S. shipbuilding, the South Korean delegation announced a staggering $150 billion investment during a…
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Bulk Carrier
India’s Defence Sector: Investors Eye Promising Shipbuilders
India is embarking on a transformative journey in its defence sector, with the government allocating nearly Rs 700,000 crore to…
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Bulk Carrier
Component failure caused $1.1M BBC Africa collision
A recent incident involving the multi-purpose carrier BBC Africa has raised concerns about maritime safety after a steering control system…
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Shipbuilding
Indonesian miner buys out two local shipping firms
Indonesian mining company Geo Energy Resources is set to enhance its coal shipping capabilities by acquiring a 51% stake in…
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Shipbuilding
Höegh Autoliners orders first-ever ammonia engines for car carriers
Höegh Autoliners has made a significant leap in maritime technology by placing a historic order for ammonia-burning Everllence B&W ME-LGIA…
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Shipbuilding
Ship Recycling Activity Picking Up Pace
The ship recycling market is experiencing a mixed bag of activity, with India emerging as a leader in the sector.…
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Bulk Carrier
Overreliance on autopilot linked to multiple fishing vessel accidents
On June 9, 2021, the fishing vessel Sage Catherine Lane ran aground on the north jetty at the St. Marys…
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Shipbuilding
From Great Mills HS to Amphibious Assault Ship
A sailor from Lexington Park, Maryland, has achieved a significant milestone by advancing to the rank of chief petty officer…
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Shipbuilding
Himalaya switches newcastlemax brace to fixed deals
Himalaya Shipping is making significant strides in its earnings strategy by converting two more Newcastlemax vessels to fixed-rate charters. The…
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Shipbuilding
HD Hyundai Heavy and Hyundai Mipo to merge
In a significant move aimed at bolstering its presence in the U.S. naval and Arctic shipbuilding sectors, South Korea’s HD…
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