Maritime News
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Bulk Carrier
Safe Bulkers Declares Quarterly Dividends for Preferred Shares
Safe Bulkers, Inc., a prominent dry-bulk shipowner based in Limassol and listed on the New York Stock Exchange, has announced…
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Shipbuilding
Norwegian Car Carriers Orders New Dual-Fuel Vessel from Yantai CIMC Raffles Offshore
Norwegian Car Carriers (NOCC) has signed a contract with Yantai CIMC Raffles Offshore for the construction of a new pure…
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Bulk Carrier
Panama-flagged cargo ship refloated off Hualien
A Panama-flagged bulk carrier that ran aground off the coast of Hualien County on New Year’s Day has been successfully…
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Shipbuilding
Colombo Dockyard’s SGIP Shipbuilding Drive Reshapes Maritime Economy
Colombo Dockyard PLC (CDPLC), a prominent player in Sri Lanka’s heavy engineering and shipbuilding industry, is making waves in the…
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Shipbuilding
U.S. Military Operation Captures Venezuelan Leader Nicolás Maduro
In a significant military operation, Venezuelan President Nicolás Maduro has been captured by U.S. forces during a raid in Caracas.…
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Bulk Carrier
Taiwan Rescues Crew from Tug Sent to Rescue Grounded Bulker
On January 1, 2023, the bulk carrier *CSE Prosperity Express* ran aground while approaching Hualien Port in Taiwan. The vessel,…
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Bulk Carrier
Baltic Sea on High Alert Amid Sabotage Concerns
The Baltic Sea region is experiencing heightened tensions following a series of outages affecting power cables, telecom links, and gas…
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Shipbuilding
Baltic states on high alert after fresh subsea cable damage incidents
Baltic nations are on high alert following a series of attacks on subsea infrastructure, with Latvia and Finland investigating incidents…
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News
Alang Shipbreaking Yard Sees Significant Increase in End-of-Life Ships in 2025
In 2025, Gujarat’s Alang shipbreaking yard, one of the largest in the world, experienced a notable 21% increase in the…
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Shipbuilding
Tanker trade freezes as Maduro arrest deepens Venezuela oil paralysis
The global tanker market is facing significant disruptions following the dramatic arrest of Venezuelan President Nicolás Maduro by U.S. forces…
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