News
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US Port Fees Spark Tensions with China
As the countdown to new port fees begins, tensions escalate between the United States and China. The U.S. Trade Representative…
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Government Unveils Ship Recycling Credit Note Scheme
In a significant move to bolster the shipbuilding industry, the Indian government has introduced a new credit note scheme for…
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Total lack of safety culture laid bare in Wakashio disaster
Mauritius has released a long-awaited report on the 2020 grounding of the Wakashio, revealing severe lapses in safety protocols and…
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Finnish court drops Baltic subsea cable case against Eagle S crew
A Finnish district court has ruled against prosecuting the captain and two officers of the Eagle S tanker, concluding that…
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DOF Group Secures $60M in New North American Contracts
DOF Group, a prominent Norwegian offshore vessel owner, has announced a series of lucrative contracts in North America, totaling over…
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Saudi Shipper Bahri to Double Fleet in Expansion
Saudi Arabia’s National Shipping Company, known as Bahri, is poised for significant growth as it aims to nearly double its…
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Nova Marine Carriers breaks into New Zealand market with MPP newbuild
Lugano-based Nova Marine Carriers has partnered with New Zealand’s McCallum Bros in a significant 50/50 joint venture aimed at modernizing…
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Diana Shipping boosts liquidity with $55m secured term loan
Greek shipping company Diana Shipping has secured a six-year term loan facility worth $55 million from the National Bank of…
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Shadow tanker accused of being Europe’s drone mothership
French commandos have captured the Boracay, an 18-year-old tanker believed to have connections to Russian activities, off the coast of…
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China Launches Construction of First Nuclear Aircraft Carrier
China has officially commenced the construction of its first nuclear-powered aircraft carrier, designated as the Type 004. This significant development…
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