News
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Shipping Industry Faces Urgent Decarbonization Challenge
The maritime sector is at a critical juncture as it prepares to implement the International Maritime Organization’s (IMO) Net-Zero Framework,…
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Settlement Possible for Victim of Bridge Collapse
More than a year and a half after the cargo ship Dali collided with the Francis Scott Key Bridge, a…
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DOF Secures $200M Petrobras Contracts in Brazil
Norwegian offshore vessel operator DOF has secured two significant long-term contracts with Petrobras, Brazil’s state-owned oil company. The agreements involve…
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JPMorgan Chase Launches $1.5 Trillion Security Initiative
JPMorgan Chase has unveiled a groundbreaking $1.5 trillion Security and Resiliency Initiative aimed at bolstering national economic security. The initiative…
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NYK Concludes Long-term Time-Charter for Domestically Built CTV in Akita Offshore Wind Venture
NYK has partnered with Oga Katagami Akita Offshore Green Energy LLC to introduce Japan’s inaugural offshore wind project in general…
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Wah Kwong forms dry bulk venture with Wuhu Shipyard
In a significant move for the maritime industry, Hong Kong-based shipowner Wah Kwong has partnered with China’s Yingxing Leasing and…
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TS Lines Exits Transpacific Trade Amid Rate Declines
TS Lines is set to withdraw from the transpacific shipping market next month, marking a significant shift in its operations.…
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Ukrainian Cargo Ship Eileen Sinks in Black Sea
A Ukrainian cargo ship named Eileen sank in the Black Sea near Bulgaria on Sunday, October 12. The vessel sent…
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Cochin Shipyard Secures Major LNG Vessel Order
Cochin Shipyard Limited (CSL) has announced a significant achievement, securing a mega order from a leading European client for the…
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Cochin Shipyard Secures Major European Vessel Order
Cochin Shipyard Ltd (CSL) has announced a significant contract with a leading European client for the design and construction of…
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