News
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Switzerland Surges to Sixth in Shipowning Rankings
Veson Nautical has unveiled its latest rankings of the world’s leading shipowning nations, and Switzerland has made a significant leap…
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Surge in Secondhand Tanker Market Driven by VLCC Demand
The secondhand tanker market is experiencing a remarkable surge, particularly in the Very Large Crude Carrier (VLCC) segment. This uptick…
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ONGC and Mitsui O.S.K. Lines Forge Shipbuilding Partnership with Samsung Heavy Industries
Shares of Oil and Natural Gas Corporation (ONGC) are set to attract significant attention on Wednesday following the announcement of…
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Maritime Industry Faces Transformative Changes Ahead
As the Year of the Horse approaches, the shipping industry is filled with a blend of optimism and apprehension. Captain…
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Dry Bulk Shipping Rates Surge to New Highs
The Baltic Exchange’s dry bulk index has experienced a significant surge, climbing for the third consecutive session on Tuesday. The…
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Wärtsilä to Power New Cargo Vessel with Ammonia Technology
Technology group Wärtsilä has announced a significant advancement in sustainable maritime operations by providing its innovative Wärtsilä 25 Ammonia solution…
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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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