News
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Foundamental Launches Third Fund, Targets Indian Market
Berlin and Mumbai-based venture capital firm Foundamental has unveiled its third fund, focusing on investments in construction technology and related…
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China Regulates Shipbuilding Growth Amid Global Dominance
China is taking proactive measures to manage its shipbuilding capacity, aiming to prevent an oversupply in a sector where it…
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Baker Hughes secures Petrobras contract extension for vessel duo
Oilfield services leader Baker Hughes has finalized a multi-year contract with Petrobras, extending the deployment of two advanced stimulation vessels.…
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MV Densa Lion Arrested At Paradip Port For Outstanding Dues
In a significant legal development, the bulk carrier MV Densa Lion has been detained at Paradip Port following an order…
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Accelleron Urges Shipping Industry to Embrace Hydrogen
Accelleron has launched its inaugural maritime decarbonization report during the London International Shipping Week (LISW25), calling on the shipping sector…
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Leela Group and ISTD Bhavnagar Drive Workforce Growth with Training on Soft Skills, Finance, AI & Wellness
Alang, September 14, 2025 – For the very first time, Alang—the world’s largest ship recycling hub—hosted a professional training conference…
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COSCO Shipping Heavy Industry in South China yard expansion
COSCO Shipping Heavy Industry is set to significantly enhance its ship repair and offshore engineering capabilities with a substantial RMB3…
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Hanwha Ocean wins first orders from Yang Ming
In a significant move for the maritime industry, South Korea’s Hanwha Ocean has secured a contract valued at KRW 1.93…
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Japanese shipowner Nissen Kaiun takes stake in Dutch wind-assist pioneer
In a significant move towards sustainable shipping, Japanese shipowner Nissen Kaiun has acquired a stake in Dutch wind technology innovator…
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Takeda Partners with VELA for Eco-Friendly Shipping
Japanese biopharmaceutical giant Takeda has announced a groundbreaking partnership with Bordeaux-based VELA Transport to utilize innovative sailing cargo trimarans for…
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