News
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Hanwha Explores Expansion of Philly Shipyard Operations
Hanwha is actively considering the expansion of its Philly Shipyard in Philadelphia, Pennsylvania, as reported by The Wall Street Journal…
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Diana Shipping scores second fixture of the year with Bunge deal
Greek bulker owner Diana Shipping has finalized a significant charter agreement for its ultramax vessel, DSI Altair, with commodities giant…
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Admiralty Court Rules Against Shipowner in Major Claim
The Admiralty Court in London has ruled against Unity Ship Group, denying its claim for approximately USD 1.27 million from…
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New Shipping Expands Suezmax Tanker Fleet with Chinese Orders
New Shipping, a Greek shipping company, has recently secured a contract for a new suezmax crude oil tanker from CSSC…
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Malaysia Orders Second Multi-Purpose Mission Ship from Türkiye
Malaysia’s Home Ministry has officially signed a contract for a second Multi-Purpose Mission Ship (MPMS) for the Malaysian Coast Guard,…
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Venezuelan Tankers Return Amid U.S. Oil Seizures
In a significant development, four tankers that departed Venezuela in early January have returned to the country’s waters, reportedly loaded…
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The US Navy Is Betting On A Foreign Design For Its New Medium Landing Ship
The U.S. Navy is undergoing significant modernization of its fleet, with a focus on enhancing its capabilities through new ships…
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Spain Seizes Record Cocaine Haul at Sea
In a groundbreaking operation, Spanish authorities have intercepted nearly 10 tonnes of cocaine aboard a merchant vessel off the Canary…
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Dalian Shipbuilding Launches Innovative LNG Carrier Design
Dalian Shipbuilding Industry Co., Ltd. (DSIC) has introduced a groundbreaking vessel design aimed at decarbonization, featuring a wind-assisted 175,000 m³…
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South Korea Launches Innovative Wing Sail Testing
South Korea is making strides in maritime technology with the launch of its first domestically developed wing sail for wind-assisted…
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