Shipbuilding
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Norway’s Ambitious Ship Tunnel Project Faces Uncertain Future
Norway’s plan to construct the world’s first full-scale ship tunnel, designed to enhance maritime safety, has been suspended by the…
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INSV Kaundinya Sets Sail on Historic Voyage
The INSV Kaundinya, a remarkable stitched sail ship, has embarked on its maiden voyage from Porbandar, India, to Muscat, Oman.…
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India-EU Trade Deal Transforms Global Shipping
The recently announced India-EU trade agreement, dubbed the “Mother of all FTAs,” is more than just a tariff-reducing measure; it…
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Malaysian Authorities Intercept Illegal Tanker Transfers Off Penang
Last week, Malaysian authorities detained two tankers off the coast of Penang during an operation targeting illegal ship-to-ship (STS) transfers…
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India Launches $1.2 Billion Container Manufacturing Initiative
In a significant move to bolster its trade infrastructure, India has unveiled a substantial five-year plan aimed at establishing a…
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Frontline Secures High-Value Charters for VLCCs
Frontline, a prominent player in the maritime industry controlled by John Fredriksen, has made headlines by securing one-year time charters…
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Canadian Defense Minister Evaluates Hanwha Ocean’s Submarine Capabilities
SEOUL, Feb. 2 (Yonhap) — Stephen Fuhr, Canada’s minister responsible for defense procurement, visited Hanwha Ocean Co.’s shipyard in Geoje,…
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DHT Holdings Accelerates Fleet Renewal with $51.5M Sale
DHT Holdings, a prominent player in the supertanker industry, is moving forward with a significant fleet renewal strategy by agreeing…
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Samsung Heavy Industries Announces Performance Bonuses After 12-Year Hiatus
Samsung Heavy Industries (SHI) is set to distribute performance bonuses for the first time in over a decade, marking a…
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Sonangol Expands LNG Shipping Fleet with New Order
Angola’s state-controlled energy company, Sonangol, is set to enhance its liquefied natural gas (LNG) shipping capabilities by placing an order…
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