News
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IMO Advances Safety Standards for Maritime Operations
The International Maritime Organization (IMO) has made significant strides in enhancing maritime safety during the recent 12th session of the…
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Dry Bulk Shipping Rates Surge to New Highs
The Baltic Exchange’s dry bulk index has experienced a significant rise, marking its third consecutive session of gains. On Tuesday,…
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Daehan Shipbuilding Reports Record Revenue Surge
Daehan Shipbuilding announced impressive financial results for the previous year, revealing a revenue of 1.2281 trillion won and an operating…
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Triumph Gulf Coast to Vote on $76 Million Project for Port of Pensacola
A pivotal decision is set to take place on Wednesday, January 28, as the Triumph Gulf Coast board will vote…
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Wealth Holdings Launches Ambitious MPP Vessel Program
Wealth Holdings, based in Singapore, is making a significant move into the multipurpose vessel (MPP) market with an ambitious newbuilding…
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Wan Hai Lines Expands Presence in Japan with Terminal Acquisition
Taiwanese container shipping company Wan Hai Lines has made a significant move to enhance its operations in Japan by acquiring…
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Nickel Ore Liquefaction Suspected in Devon Bay Capsize
The ultramax bulk carrier Devon Bay capsized off the disputed Scarborough Shoal on January 22, with liquefaction of its nickel…
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Wärtsilä to Provide Advanced Ammonia Solution for Sustainable Shipping
Technology group Wärtsilä has announced its collaboration with Norway-based Skarv Shipping Solutions to power a new cargo vessel with its…
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Saab Launches Second SIGINT Ship for Polish Navy
Swedish defense technology company Saab has successfully launched the ORP *Henryk Zygalski*, the second signals intelligence (SIGINT) ship for the…
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Berge Bulk Launches Second Rotor Sail Project
Berge Bulk has successfully installed four innovative folding Rotor Sails on its Newcastlemax vessel, Berge Mer, in collaboration with Anemoi…
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