News
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Search for Missing Crew of Devon Bay Concludes
The search and rescue operation for the crew of the bulk carrier Devon Bay officially ended on Sunday night, as…
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Costamare Bulkers Accelerates Ship Sales Ahead of Chinese New Year
Costamare Bulkers, the New York-listed shipping company based in Monaco, is intensifying its efforts to sell vessels as it approaches…
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Norway’s Ambitious Ship Tunnel Project Faces Uncertain Future
Norway’s plan to construct the world’s first full-scale ship tunnel, designed to enhance maritime safety, has been suspended by the…
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INSV Kaundinya Sets Sail on Historic Voyage
The INSV Kaundinya, a remarkable stitched sail ship, has embarked on its maiden voyage from Porbandar, India, to Muscat, Oman.…
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NATO Faces Logistical Crisis Amid U.S. Withdrawal
In a historic move, the United States has opted out of December’s NATO foreign ministers’ meeting, marking the first absence…
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India-EU Trade Deal Transforms Global Shipping
The recently announced India-EU trade agreement, dubbed the “Mother of all FTAs,” is more than just a tariff-reducing measure; it…
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Malaysian Authorities Intercept Illegal Tanker Transfers Off Penang
Last week, Malaysian authorities detained two tankers off the coast of Penang during an operation targeting illegal ship-to-ship (STS) transfers…
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India Launches $1.2 Billion Container Manufacturing Initiative
In a significant move to bolster its trade infrastructure, India has unveiled a substantial five-year plan aimed at establishing a…
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Frontline Secures High-Value Charters for VLCCs
Frontline, a prominent player in the maritime industry controlled by John Fredriksen, has made headlines by securing one-year time charters…
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Shipbreaking Industry’s Environmental and Human Toll in Bangladesh
Every day, the coastal region of Sitakunda, Bangladesh, witnesses the dramatic dismantling of ships, a process that poses significant environmental…
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