News
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Anhui’s Dongfang shipyard reemerges with new backers
A new shipyard in Anhui province, China, has successfully landed its initial overseas contracts. Zongyang Shipyard, in collaboration with Singapore’s…
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MR tanker sales candidates proliferate
The medium-range (MR) tanker market is experiencing a surge in activity, driven by an influx of Korean-built vessels entering the…
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Adnoc Drilling clinches $1.15bn jackup rigs deal
Adnoc Drilling, the UAE’s largest national drilling company, has secured a significant contract worth $1.15 billion from the Abu Dhabi…
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Seacon signs for Japanese handy newbuild
Seacon Shipping, a Hong Kong-listed company based in Qingdao, is set to enhance its dry bulk fleet with a new…
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China United Lines reenters booming transpacific trades
In a strategic move to capitalize on the current surge in transpacific shipping, China United Lines (CUL) has announced the…
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MSC spending spree leaps higher
The Mediterranean Shipping Company (MSC), the world’s leading container line, is making headlines with an aggressive acquisition strategy, having secured…
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North Korea detains 4 officials over the failed launch of a naval destroyer
SEOUL, South Korea (AP) — In a swift response to a recent naval mishap, North Korean authorities have detained four…
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Bangladesh Cancels Naval Shipbuilding Contract with India
In a significant shift in diplomatic relations, Bangladesh has canceled a $21 million shipbuilding contract with India’s Garden Reach Shipbuilders…
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India must look beyond Bangladesh. Kaladan corridor is key
As geopolitical tensions rise in South Asia, the Kaladan Multi-Modal Transit Transport Project (KMTTP) emerges as a critical initiative for…
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NYK Unveils Japan’s First Fully Battery-Driven Work Vessel
In a significant step towards sustainable maritime operations, NYK has introduced Japan’s first fully battery-powered work vessel, named “e-Crea.” Unveiled…
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