News
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Fed Gov’t approves Austal strategic shipbuilding agreement
Austal Limited has reached a pivotal agreement with the Australian Government, designating it as the strategic shipbuilder for Tier 2…
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Australia approves Austal strategic shipbuilding agreement
Austal has finalized a pivotal Strategic Shipbuilding Agreement (SSA) with the Australian government, designating its subsidiary, Austal Defence Shipbuilding Australia,…
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Panama Intensifies Crackdown on Sanctioned Vessels with Registry Cancellations
The Panama Maritime Authority (AMP) has launched proceedings to revoke the registration of 17 vessels recently added to the U.S.…
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Commercial Wheat Cargoes Land in Colombia Following Successful Food for Progress Monetization Project
This summer, four bulk carriers filled with U.S. wheat have successfully docked at Buenaventura, Colombia’s Pacific Coast, marking a significant…
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Schoeller Holdings Orders New Containerships from China
Schoeller Holdings has made a significant move in the shipping industry by placing an order for two 1,900 TEU containerships…
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HD Hyundai sued over alleged defective switchboard on the Dali
The fallout from the tragic March 26, 2024, collision of the containership Dali with the Francis Scott Key Bridge continues…
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New Alliance Aims to Boost Arctic Security
In a significant move to enhance maritime operations in the Arctic, four shipyards from the United States, Canada, and Finland…
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New Lloyd’s Register assessment boosts containership fatigue life up to 15%
Lloyd’s Register (LR) has enhanced its Fatigue Design Assessment (FDA) methodology by updating worldwide trading patterns for containerships and gas…
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SK Shipping Sale Collapses, HMM Loses Preferred Bidder Status
Hahn & Company, the majority stakeholder in SK Shipping, has officially terminated HMM’s status as the preferred negotiator for the…
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Houthis sink aid ship from Somalia, detain 10 crew members
Mogadishu (HOL) — A recent attack by Yemen’s Houthi rebels has resulted in the sinking of the MV Eternity C,…
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