Sector
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U.S. Continues Strikes in Yemen as part of Large-Scale
On March 15, 2025, U.S. forces initiated a significant military campaign targeting Houthi positions in Yemen, aiming to neutralize threats…
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Liberian-flagged ship KMAX Leader fined for breaches
The owner of the Liberian bulk carrier KMAX Leader has been fined $63,000 for failing to adhere to a safety…
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Prices for vintage capes rise
Prices for vintage capesize bulk carriers are experiencing a significant uptick, with spot rates soaring by approximately 300% in just…
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Russia’s Missile Strike Hits Odesa Port, Four Dead
Ukraine’s Foreign Minister, Andrii Sybiha, condemned a recent missile strike by Russia on the Black Sea port of Odesa, which…
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Georgia’s Ports See Record Ship Arrivals in 2024
In a remarkable surge, Georgia’s ports welcomed a total of 16,831 ships in 2024, marking a significant increase in maritime…
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50 crew in distress with two Bangladeshi ships trapped in foreign ports for months
Fifty Bangladeshi sailors are trapped in two foreign ports, facing dire shortages of food and water as their vessels remain…
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Trump’s New Order Aims to Revitalize U.S. Shipbuilding
The Trump administration is taking decisive action to reinvigorate the U.S. shipbuilding industry and counter China’s maritime supremacy. A draft…
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Defence Stocks Eye Recovery Amid Market Volatility
The Indian stock market has been grappling with heightened volatility due to global economic uncertainties, rising interest rates, and geopolitical…
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Shipping Corporation of India Extends Director’s Finance Charge
The Shipping Corporation of India Limited (SCI) has received approval for the extension of additional charge for the post of…
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US launches first-ever 240-ton ship that needs zero crew to operate
The U.S. Defense Advanced Research Projects Agency (DARPA) has reached a significant milestone in maritime technology with the completion of…
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