News
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US-South Korea Forge Shipbuilding Agreements Amid Trade Talks
During a pivotal visit to the United States, South Korean President Lee Jae Myung announced the signing of 11 non-binding…
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Carriers reroute fleets to sidestep US levy
As the shipping industry prepares for impending port fees targeting China-linked vessels, fleet realignments are already underway. The U.S. Trade…
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Asyad sets hydrogen corridor, net-zero course
MUSCAT, AUG 25: Asyad Group, Oman’s integrated logistics provider, has launched an ambitious sustainability plan aimed at achieving net-zero emissions…
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Greek Shipping Dominates Global Fleet Amid Growth
Greek shipowners continue to assert their dominance in the maritime industry, controlling 21% of the world’s merchant fleet with a…
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Seadrill JV nets two Angola contracts
Seadrill’s joint venture, Sonadrill, has announced significant new contracts in Angola, marking a robust expansion in the region’s drilling activities.…
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Marco Polo unit lines up Taiwan listing for wind fleet push
Marco Polo Marine, a prominent player in Singapore’s offshore vessel and shipyard sector, is set to take a significant step…
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Trials show promise of tracers in combating biofuel fraud
The Global Centre for Maritime Decarbonisation (GCMD) has unveiled a groundbreaking report detailing the world’s first successful field validation of…
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Turkey shuts ports to Israeli-linked vessels and cargoes
ZIM, a prominent Israeli shipping company, announced on Monday that Turkish authorities have implemented a ban on vessels linked to…
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Master Boat Builders announces $7.8 million shipyard investment
Master Boat Builders Inc., based in Coden, Alabama, has announced a significant investment of $7.8 million aimed at expanding and…
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INS Udaygiri, Himgiri showcase India’s growing shipbuilding prowess
New Delhi: The Indian Navy has officially commissioned two advanced Project 17A multi-mission stealth frigates, INS Udaygiri and Himgiri, on…
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