News
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Search and Rescue Operation Underway After Singapore-Flagged Bulker Capsizes in South China Sea
A significant search and rescue operation is currently in progress in the South China Sea following the distress call from…
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Medieval Shipwreck Discovered Near Copenhagen
Marine archaeologists have uncovered a remarkable medieval cargo ship, measuring approximately 91 feet in length, off the coast of Copenhagen.…
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Venergy Maritime Expands Fleet with New MR Tanker Orders
Venergy Maritime, a rapidly growing Greek shipping company, is advancing its fleet expansion strategy by securing additional orders for medium-range…
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19th Century Shipwreck Discovered on New Jersey Beach
The remnants of a long-lost 19th-century ship, identified as the Lawrence N. McKenzie, have emerged on the shores of Island…
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Union Budget 2026: New Scheme to Boost Construction and Infrastructure Equipment Manufacturing
Finance Minister Nirmala Sitharaman announced a significant initiative in her Union Budget 2026 speech, unveiling a scheme aimed at enhancing…
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Nuclear Power Set to Revolutionize Shipping Industry
The Norwegian University of Science and Technology is spearheading a groundbreaking initiative, the Nuclear Propulsion in Merchant Shipping (NuProShip II)…
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Missouri River Shipping: Billions Spent, Little Return
Despite significant investments in improving the navigability of the Missouri River, grain shipments have dwindled to almost negligible levels. Observations…
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IMO Advances Safety Framework for Green Shipping
The International Maritime Organization (IMO) has made significant strides in enhancing maritime safety and environmental protection during its recent Sub-Committee…
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Construction Approved for Steensby Railway Project in Baffin Island
Canada is advancing its Arctic infrastructure development with the recent approval of the Steensby Railway project on Baffin Island. This…
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Samsung Heavy Industries Announces Performance Bonuses After 12-Year Hiatus
Samsung Heavy Industries (SHI) is set to distribute performance bonuses for the first time in over a decade, marking a…
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