News
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BASIC Bank Intensifies Loan Recovery Efforts Amidst Financial Struggles
BASIC Bank PLC is ramping up its efforts to recover defaulted loans from its top 20 borrowers as part of…
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UK Launches Maritime Nuclear Consortium to Decarbonise Shipping
The United Kingdom has made a significant move towards becoming a leader in the global decarbonisation of shipping with the…
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World’s Largest Battery-Electric Ship Begins Harbor Trials in Australia
Australian shipbuilder Incat Tasmania has initiated harbor trials for Hull 096, a groundbreaking 426-foot vessel that has made history as…
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Hyundai Glovis Enhances Fleet with Starlink Internet
Hyundai Glovis has announced the installation of SpaceX’s Starlink satellite internet service on its vessels, marking a significant advancement in…
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Hyundai Glovis Embraces Starlink for Maritime Safety
Hyundai Glovis has announced a significant upgrade to its fleet by adopting Starlink, the low Earth orbit satellite internet service…
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ESL Shipping Expands Fleet with New Acquisition
ESL Shipping is enhancing its operational capacity by acquiring a secondhand bulker, ensuring steady service while awaiting new vessels. The…
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Concerns Rise Over Port Everglades Expansion’s Impact on Coral Reefs
Scientists are sounding alarms regarding the proposed expansion of Port Everglades, warning that it could inflict severe damage on coral…
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Boardroom Battle Erupts in Dry Bulk Sector as Diana Shipping Targets Genco
A significant boardroom conflict is unfolding in the dry bulk shipping industry as Diana Shipping, based in Athens, has announced…
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Philippines Launches First Methanol Dual-Fueled Bulk Carrier
On January 15, 2026, President Ferdinand “Bongbong” Marcos Jr. presided over the naming and delivery ceremony of the “Brave Pioneer”…
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Historic Shipwreck Discovered in Danish Waters
Marine archaeologists have made a groundbreaking discovery in Danish waters, unearthing what could be the largest medieval cargo ship ever…
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