Sector
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Iran Unveils Advanced Maritime Simulator for Training
Iran has introduced a state-of-the-art command bridge simulator capable of emulating operations for 300 different civilian and military vessels. This…
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Bangladesh Shipping Corporation Achieves Record Profit
In a remarkable financial milestone, Bangladesh Shipping Corporation (BSC) has announced a record net profit of Taka 306.56 crore for…
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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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