Shipbuilding
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New tugboat Azikh joins Caspian Sea Oil Fleet as fifth ship built by Zigh
Azerbaijan’s maritime capabilities have received a significant boost with the recent launch of a new tugboat named Azikh. Built at…
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Boskalis orders largest ever subsea rock installation vessel
Dutch dredging contractor and marine services provider Boskalis has made a significant investment in its future by ordering a new…
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Cable Layers and Maritime Developments in 2025
The maritime industry is witnessing significant changes as we approach the beginning of 2025. Among the most notable developments is…
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US east coast port talks set to resume
Negotiations are set to resume tomorrow between employers and dockworker unions along the US East and Gulf coasts. This comes…
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Annual tanker chartering poll highlights fast-changing oil
The global oil market is undergoing significant changes, particularly in the seaborne trade sector. According to the latest annual report…
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Value of global merchant fleet leaps by two-thirds in the
The shipping industry is experiencing a remarkable transformation in asset values. According to Clarksons Research, the total worth of the…
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The build and scrapping costs of one Coast Guard ship are about $22M
The CCGS Corporal McLaren M.M.V, a Canadian Coast Guard vessel, is set to be scrapped after a brief and troubled…
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HD Hyundai exports HiMSEN engines to 60 countries
As the political landscape in the United States shifts with the impending announcement of tariffs by President Donald Trump, South…
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Navigating the Red Sea Crisis: Impacts on Global Trade
The ongoing crisis in the Red Sea has sparked significant changes in global shipping practices. As ship operators reroute vessels…
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Bangladesh’s Shipbreaking Industry Faces Decline
The shipbreaking industry in Bangladesh, once a global leader, is facing significant challenges that threaten its position. In 2024, the…
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