Sector
-
Dry Bulk Carrier Earnings Projected to Lag in 2025
In a recent report, dry bulk carrier earnings for 2025 are expected to fall short of 2024 levels across all…
Read More » -
Spain’s Largest Maritime Cocaine Seizure: Nearly 10 Tonnes Intercepted
Spanish authorities have made a historic drug bust, intercepting nearly 10 tonnes of cocaine aboard a merchant vessel off the…
Read More » -
Government Proposes Licensing Changes for Foreign Vessels
The Central government is nearing the finalization of rules governing the licensing of foreign vessels under the Coastal Shipping Act.…
Read More » -
IFSC entities should be freed from taking D G Shipping
MUMBAI: The International Financial Services Centres Authority (IFSCA) is urging the Central government to exempt entities operating within the tax-free…
Read More » -
Russian Drones Strike Civilian Ships Amid Ongoing Conflict
In a troubling escalation of hostilities, Russian kamikaze drones have targeted civilian vessels flying the flags of Panama and San…
Read More » -
St. Lawrence Seaway Closes for Winter Amid Icy Conditions
The Montreal-Lake Ontario section of the St. Lawrence Seaway officially closed on January 5, marking the end of the commercial…
Read More » -
Dry Bulk Carrier Earnings Decline in 2025
Earnings for dry bulk carriers are projected to lag behind 2024 levels across all vessel classes, despite a robust performance…
Read More » -
Capital-Executive Ship Management Corp. Partners with SPV Axis Maritime Corp.
Capital-Executive Ship Management Corp. has announced a strategic cooperation agreement with SPV Axis Maritime Corp. This partnership aims to enhance…
Read More » -
Bangladesh Shipping Corporation Set to Repay Tk203 Crore
The Bangladesh Shipping Corporation (BSC) is gearing up to repay Tk203 crore, which includes Tk187 crore for ship procurement loans…
Read More » -
Admiralty Court Rules Against Shipowner in Major Claim
The Admiralty Court in London has ruled against Unity Ship Group, denying its claim for approximately USD 1.27 million from…
Read More »
