News
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Erasmus Shipinvest makes capesize debut
Erasmus Shipinvest Group has made a significant move into the capesize shipping segment by acquiring its largest vessel to date.…
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ABS boss urges ‘timeout’ on IMO climate push
As the extraordinary session of the Marine Environment Protection Committee (MEPC) approaches in just 28 days, tensions are escalating within…
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India eyeing Bangladesh’s top spot with perks for recycling dying ships
India is set to invest 40 billion rupees (approximately $454 million) in incentives aimed at revitalizing its shipbreaking industry. This…
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Cochin Shipyard Shares Surge to 9-Week High
Cochin Shipyard, a prominent player in India’s shipbuilding and repair sector, has witnessed a significant uptick in its stock value,…
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Wärtsilä and GigaMare sign training deal to boost crew skills in the Philippines
Technology group Wärtsilä has signed a strategic training partnership agreement with GigaMare Inc., a leading provider of tailor-made training in…
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Russian Ship Owner Arrested Over Beirut Blast
Bulgarian authorities have apprehended Igor Grechushkin, the Russian owner of the cargo ship linked to the devastating Beirut port explosion…
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First objects retrieved from wreck of Titanic’s sister ship in Greece
In a groundbreaking underwater expedition, deep-sea divers have successfully recovered a collection of artifacts from the wreck of the HMHS…
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G E Shipping Sells Crude Oil Tanker Jag Lok
The Great Eastern Shipping Company Limited (G E Shipping), a prominent player in India’s private shipping sector, has finalized the…
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Australia Invests $7.9 Billion in Defense Expansion
SINGAPORE — Australia is set to allocate 12 billion AUD (approximately $7.9 billion USD) towards the development of a new…
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Australia commits AUD 12 billion to kick off Henderson shipbuilding plan
In a significant move to bolster its naval capabilities, the Albanese administration has announced an investment of AUD 12 billion…
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