Shipbuilding
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Tanker trade freezes as Maduro arrest deepens Venezuela oil paralysis
The global tanker market is facing significant disruptions following the dramatic arrest of Venezuelan President Nicolás Maduro by U.S. forces…
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Scorpio Tankers Secures Major Charter Deal
Scorpio Tankers, based in Monaco, has successfully secured five-year charters for two of its LR2 product carriers at an impressive…
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Transocean Secures New Contracts for Drilling Rigs in Brazil and Norway
Swiss offshore drilling company Transocean has announced the acquisition of a new contract and an extension for two of its…
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Castor Maritime enters sale and leaseback deal for kamsarmax
Castor Maritime, a shipping company based in Cyprus, has finalized a sale and leaseback agreement for the bulk carrier vessel,…
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Mastering Temporary Power on Construction Sites Guide
In the fast-paced world of construction, effective temporary power distribution is crucial for maintaining efficiency and safety. Proactive planning, compliance…
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India Offers 15-25% Shipbuilding Subsidies to Boost Industry
The Indian government has announced a significant support policy worth 7 trillion Korean won (approximately 430 billion rupees) aimed at…
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Uni-Fuels Expands Global Reach with New Maritime Strategy
Singapore-based marine fuel supplier Uni-Fuels has unveiled an ambitious plan to enhance its global operations, focusing on key maritime markets.…
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Norway’s Ambitious Ship Tunnel Project Faces Uncertain Future
Norway’s groundbreaking plan to construct the world’s first full-scale ship tunnel, aimed at enhancing maritime safety around the treacherous Stad…
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China’s Shipbuilding Boom Revives Nanjing Dongze Yard
The resurgence of China’s shipbuilding industry has reached new heights with the reopening of the Nanjing Dongze Shipyard. Acquired by…
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Indian Coast Guard Welcomes New Pollution Control Vessel ICGS Samudra Pratap
Defence Minister Rajnath Singh officially commissioned the Indian Coast Guard Ship (ICGS) ‘Samudra Pratap’ on Monday, marking a significant milestone…
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