News
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Panama Canal Reports Record Revenue Surge
The Panama Canal Administration announced a remarkable financial turnaround for fiscal year 2025, reporting revenues of $5.7 billion, a significant…
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ClassNK Grants Approval for Innovative Bulk Carrier Design
ClassNK has awarded an Approval in Principle (AiP) for a groundbreaking design of a Multiple Alternative Fuels Ready Bulk Carrier,…
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DryDel Shipping Expands Fleet with New Capesize Orders
Greek shipping company DryDel Shipping is significantly enhancing its fleet by securing contracts for two additional capesize bulk carriers from…
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Alang Shipyard Faces Crisis Amid Global Shipping Boom
Alang, India’s largest ship-recycling yard located in Gujarat, is experiencing a significant downturn after decades of prominence in dismantling end-of-life…
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Vancouver Explores E-Methanol as Future Shipping Fuel
A recent report by Oceans North and engineering firm Arup highlights the potential for e-methanol production near the Canadian Port…
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India’s Shipbuilding Sector Set for Major Expansion
India’s defense shipbuilding industry is poised for significant growth, fueled by a surge in naval capital expenditure and a robust…
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Maersk Sebarok Navigates Bab el-Mandeb Strait After Two Years
In a significant development for maritime logistics, the Singapore-flagged container ship Maersk Sebarok successfully transited the Bab el-Mandeb Strait into…
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Defence Stocks Plummet Amid Market Volatility
Shares of major defence sector companies, including Mazagon Dock Shipbuilders, Cochin Shipyard, and Garden Reach Shipbuilders, have experienced significant declines,…
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Yusen Logistics Group Acquires Walden Health: Enhancing Healthcare Logistics
Yusen Logistics (Europe) B.V., a subsidiary of the NYK Group, has completed the acquisition of Movianto International B.V. and other…
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Shipping Industry Faces Compliance Challenges in 2026
The shipping sector’s anticipated leap towards a clean-fuel future in 2025 has faltered, leaving the industry grappling with ambitious targets…
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