Sector
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G E Shipping contracts to buy a secondhand Very Large Gas Carrier
The Great Eastern Shipping Company Limited (G E Shipping) has announced a significant expansion of its fleet by contracting to…
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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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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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Great Eastern Shipping Expands Fleet with New Acquisition
The Great Eastern Shipping Company Limited (G E Shipping) has announced its decision to acquire a secondhand Very Large Gas…
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Panama Canal Revenue Soars to $5.7 Billion
The Panama Canal has reported a remarkable financial recovery for fiscal year 2025, with revenues reaching $5.7 billion. This surge…
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Boluda Towage Expands Reach with MMT Acquisition
Boluda Towage, the towing arm of Spain’s Boluda Corporación Marítima, has made a significant move in Australia by acquiring Mackenzie…
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Panama Canal Reports Record Revenue Surge
The Panama Canal Administration announced a remarkable financial turnaround for fiscal year 2025, reporting revenues of $5.7 billion, a significant…
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DryDel Shipping Expands Fleet with New Capesize Orders
Greek shipping company DryDel Shipping is significantly enhancing its fleet by securing contracts for two additional capesize bulk carriers from…
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Vancouver Explores E-Methanol as Future Shipping Fuel
A recent report by Oceans North and engineering firm Arup highlights the potential for e-methanol production near the Canadian Port…
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UK Maritime Legislation Overhaul Set for 2026
The UK government has announced significant updates to maritime legislation, set to take effect on January 1, 2026. These changes,…
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