News
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India Revamps Ship Building Assistance Policy to Boost Local Content
The Ship Building Financial Assistance scheme in India is set to undergo a significant transformation to address cost disadvantages and…
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LNG scrapping sets annual record
In a surprising turn of events, the demolition sales of LNG carriers have reached an all-time high with nearly 30%…
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Panama Canal carves out weekly slot for dual-fuel pioneers
The Panama Canal has introduced an innovative initiative aimed at promoting sustainability in maritime transport. The new NetZero Slot, part…
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UK targets further 70 tankers in latest Russian sanctions
In a decisive response to escalating tensions, the UK has imposed sanctions on 100 additional entities, including 70 tankers linked…
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World Shipping Council deploys AI in fight against misdeclared cargoes
The World Shipping Council (WSC) has unveiled its new Cargo Safety Program, aimed at tackling the critical issue of misdeclared…
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South Korea Invests Billions in Arctic Shipping Hub
South Korea is taking significant steps to position itself as a key player in Arctic shipping. The government, led by…
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Global Container Shipping Faces Empty Crisis
Recent analysis by Danish consultancy Sea-Intelligence reveals a concerning trend in global container shipping: 41% of container transport currently consists…
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Maryland offshore wind project permit challenged in federal court
The Trump Administration has taken legal action to overturn a permit granted for US Wind’s Maryland Offshore Wind project, previously…
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Australia to Spend $8 Bln on Nuclear Submarine Shipyard Upgrades
Australia has announced a significant investment of 12 billion Australian dollars (approximately $8 billion USD) aimed at modernizing and expanding…
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CSL Group Launches Innovative Hybrid Vessel
CSL Group has unveiled its newest vessel, the CSL Flexvik, a hybrid self-loading and unloading ship designed to enhance marine…
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