News
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Drug Trafficking Crisis Escalates in Africa
A recent report highlights a troubling surge in drug trafficking and consumption across Africa, driven by rampant state corruption and…
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Peru and South Korea Forge Submarine Development Partnership
On December 21, HD Hyundai Heavy Industries (HD HHI) announced the signing of a significant “Next-Generation Submarine Joint Development Agreement”…
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Maritime Threats Surge in Western Indian Ocean
The Western Indian Ocean (WIO) is grappling with escalating maritime threats, particularly as piracy resurfaces along the Somali coastline. A…
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TechnipFMC Secures Major EPCI Contract with Eni
TechnipFMC, a leading offshore contracting firm, has secured an Engineering, Procurement, Construction, and Installation (EPCI) contract with Italian energy giant…
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Zodiac Maritime Sells Cape Merlin in Strategic Move
Zodiac Maritime has made headlines with the recent sale of the Cape Merlin, a Newcastlemax bulker, to Chinese buyers for…
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Digital Barriers Transform Shipping Industry Dynamics
In the shipping sector, low entry barriers are increasingly countered by digital exit barriers established by IT vendors. The dry…
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Diana Shipping Secures New Charter for Kamsarmax Vessel
Diana Shipping has announced a significant new time charter agreement for one of its kamsarmax bulk carriers, enhancing its portfolio…
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Indonesia Launches First Frigate in Landmark Event
Indonesia celebrates a historic milestone with the launch of its first domestically-built warship, the Merah Putih frigate. This event marks…
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US Intercepts Venezuelan Oil Tanker Amid Blockade
In a significant move, US authorities have intercepted and boarded an oil tanker carrying Venezuelan crude east of Barbados. This…
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Fly-Box Advances Foil-Borne Container Shipping
Franco-Swiss startup Fly-Box is taking significant strides in maritime logistics by launching a comprehensive techno-economic assessment of its innovative foil-borne…
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