Sector
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Nigerian Navy Turns to Special Boat Service to Take on Emerging Threats
In a bold move to enhance maritime security, Nigeria has established an elite Naval unit, the Special Boat Service (SBS),…
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USTR Port Fees Could Sink Chinese Carriers’ Profits
Chinese container shipping companies are facing significant financial challenges as new port fees from the U.S. Trade Representative are set…
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MOL Develops Innovative Designs for Wind-Assisted LNG Carriers
Mitsui O.S.K. Lines (MOL) is making significant strides in wind-assisted propulsion technology, following the successful deployment of its first rigid,…
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Ubuntu fleet keeps Anglo American shipping going green
Anglo American’s shipping chief, Peter Lye, expressed confidence in the company’s Ubuntu fleet, which consists of ten LNG dual-fuel capesize…
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Erik Thun: Fifth hybrid vessel touches water at Dutch
Erik Thun has unveiled its latest addition to the Lake Vänern Max series, a new eco-friendly vessel named Kolland, at…
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Russian Shipbuilding Faces Crisis as USC Sells Off Yards
The United Shipbuilding Corporation (USC) is set to sell several of its shipyards that currently lack orders, according to Chairman…
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Report: Korean Steel Giant POSCO is Exploring Acquiring Control of HMM
Speculation surrounding the future ownership of South Korean shipping company HMM is intensifying, following the collapse of a previous sale…
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Imperial Petroleum Surpasses Earnings Expectations in Q2
Imperial Petroleum Inc. (NASDAQ:IMPP) reported impressive financial results for the second quarter of 2025, exceeding earnings expectations with an earnings…
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Land-Based Tests Underway for Seawing Automated Kite System
Kawasaki Kisen Kaisha, known as “K” LINE, has announced significant progress in the development of its innovative Seawing kite system.…
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Russia: First NSR International Boxship Route to Start as Box Volume Grows
Russian officials are emphasizing a significant uptick in shipping activity along the Northern Sea Route (NSR), particularly for containerships. In…
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