News
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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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Shipbuilding
Trial Begins for Officers of Russian Tanker in Cable Cut Case
The trial has commenced in Helsinki for the captain and two officers of the Russian-linked oil tanker Eagle S, who…
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Shipbuilding
Oil surplus drives tanker demand
As President Donald Trump seeks to resolve the ongoing conflict in Ukraine, oil markets are grappling with heightened geopolitical risks…
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Shipbuilding
Shipping Industry Faces Turbulent Waters Ahead
The global shipping industry is grappling with significant challenges as freight volumes and earnings decline. Eli Glickman, CEO of ZIM,…
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Shipbuilding
Chinese Demand Shifts Shipping Earnings in August
In August, the shipping market witnessed notable fluctuations, largely driven by Chinese demand for commodities. While Chinese buyers continued to…
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Shipbuilding
Hanwha to boost capacity at Philly Shipyard with $5 billion expansion
In a significant move to bolster its presence in the U.S. maritime industry, Hanwha Group has announced a $5 billion…
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