Sector
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Panamax Freight Rates Dip After Two-Week Surge
After a steady climb over the past two weeks, average spot rates for panamax bulkers experienced a slight decline on…
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TSB: Fuel Leak Due to Casual Repair Caused Fire on Canada’s Oldest Laker
A recent report from the Transportation Safety Board of Canada (TSB) reveals alarming details about a fire that erupted on…
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Ship Management Transforms Amid Industry Challenges
The ship management industry is undergoing a significant transformation as it adapts to modern challenges such as geopolitical tensions, technological…
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India’s Defence Sector: Investors Eye Promising Shipbuilders
India is embarking on a transformative journey in its defence sector, with the government allocating nearly Rs 700,000 crore to…
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Component failure caused $1.1M BBC Africa collision
A recent incident involving the multi-purpose carrier BBC Africa has raised concerns about maritime safety after a steering control system…
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Overreliance on autopilot linked to multiple fishing vessel accidents
On June 9, 2021, the fishing vessel Sage Catherine Lane ran aground on the north jetty at the St. Marys…
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Asyad sets hydrogen corridor, net-zero course
MUSCAT, AUG 25: Asyad Group, Oman’s integrated logistics provider, has launched an ambitious sustainability plan aimed at achieving net-zero emissions…
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Greek Shipping Dominates Global Fleet Amid Growth
Greek shipowners continue to assert their dominance in the maritime industry, controlling 21% of the world’s merchant fleet with a…
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Shreeji Shipping Global shares list at 8% premium over IPO price
Shreeji Shipping Global made a strong entrance into the stock market on Tuesday, with shares opening at Rs 271.85 on…
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Piracy in Strait of Malacca, Singapore Strait surges nearly fourfold in 2025, says anti-piracy watchdog
KUALA LUMPUR, Aug 26 — A dramatic rise in piracy and armed robbery incidents has been reported in the Strait…
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