News
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Major Delays and Cost Overruns for Bristol Temple Meads Restoration
The restoration of Bristol Temple Meads station, the busiest railway hub in the West of England, is now projected to…
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St. Lawrence Seaway Closes for Winter Amid Icy Conditions
The Montreal-Lake Ontario section of the St. Lawrence Seaway officially closed on January 5, marking the end of the commercial…
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Mercuria Energy Group Expands Fleet with Newbuilding Contracts in China
Swiss commodity trader and shipowner Mercuria Energy Group is significantly enhancing its maritime operations by securing newbuilding contracts in China.…
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Wärtsilä to Supply Engine and Propulsion Equipment for Hartman Seatrade’s New Heavy Lift Vessel
Wärtsilä Corporation, a technology group specializing in marine solutions, has announced a significant partnership with Netherlands-based operator Hartman Seatrade. The…
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Crosbie Takes Helm at Nuclear Energy Maritime Organization
Virginia Crosbie has been appointed the managing director of the Nuclear Energy Maritime Organization (NEMO), a key player in promoting…
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Dry Bulk Carrier Earnings Decline in 2025
Earnings for dry bulk carriers are projected to lag behind 2024 levels across all vessel classes, despite a robust performance…
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Guam Shipyard Lawsuit Settlement Talks Underway
The Port Authority of Guam and the evicted Guam Shipyard are in discussions to potentially settle a $55 million lawsuit…
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Capital-Executive Ship Management Corp. Partners with SPV Axis Maritime Corp.
Capital-Executive Ship Management Corp. has announced a strategic cooperation agreement with SPV Axis Maritime Corp. This partnership aims to enhance…
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Kyoei Tanker Expands Fleet with New VLCC Order
Japanese shipping company Kyoei Tanker has announced a significant expansion of its Very Large Crude Carrier (VLCC) fleet by ordering…
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Bangladesh Shipping Corporation Set to Repay Tk203 Crore
The Bangladesh Shipping Corporation (BSC) is gearing up to repay Tk203 crore, which includes Tk187 crore for ship procurement loans…
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