News
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Castor seals $14.6m leaseback for kamsarmax bulker
Cyprus-based shipping company Castor Maritime has successfully completed a sale and leaseback agreement for its kamsarmax vessel, the Magic Thunder.…
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Miraculous maritime rescues recalled
Recent discoveries of old newspaper clippings have brought to light fascinating stories of maritime rescues that evoke nostalgia and admiration.…
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Excess, unidentified baggage in containers is breaking the back of shipowners
Recent insights from Captains Naveen Singhal and M.M. Saggi highlight the growing issue of misdeclared cargoes in the shipping industry.…
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Mitsui takes over Scottish wind port
Japanese trading company Mitsui & Co and shipping giant Mitsui OSK Lines (MOL) have announced a significant acquisition of Scotland’s…
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NextGeo wins $23m Prysmian deal
Next Geosolutions (NextGeo), a leader in marine geoscience and offshore construction support, has landed two significant contracts totaling €20 million…
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Great Lakes Mapping Initiative Gains Momentum
A new initiative aimed at mapping the bottom of the Great Lakes is receiving increased support, driven by its potential…
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Greta Shipping enters market with three Middle East – India Subcontinent loops
Greta Shipping, a new player in the shipping industry, is set to launch three dedicated services connecting the Middle East…
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Shipping Industry Faces Turbulent Times Amid Tariff Changes
The shipping industry is experiencing significant upheaval as recent tariff policies lead to fluctuating freight rates and shifting trade patterns.…
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The changing global shipbuilding map
In a significant turnaround for the global shipbuilding industry, South Korean shipyards are experiencing a revival, driven by geopolitical changes…
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Good vibrations for dry bulk
China’s economy showed resilience in the second quarter of 2025, achieving a growth rate of 5.2%, slightly down from 5.4%…
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