Tanker earnings defy all historical comparisons
Taiwan Coast Guard orders MARTAC Devil Ray T24 autonomous surface vessels under U.S. co-production agreementDeal marks U.S. commitment to Taiwan's mar…
Deal marks U.S. commitment to Taiwan's maritime surveillance and autonomous vessel capability amid strait tensions.
COSCO books 16 grain carrier newbuilds
China's COSCO Shipping Bulk has signed up for another 16 multipurpose grain carriers at Fujian Shipbuilding, extending its newbuilding spree…
Maersk completes world's largest ethanol bunkering in Singapore
Maersk has completed what it describes as the world's largest ethanol bunkering operation, supplying approximately 5,000 metric tonnes of IS…
India rolls out credit risk backstop for shipbuilders
India has introduced two government-backed credit-risk insurance products for shipbuilders, aiming to protect domestic yards against missed …
China Merchants and COSCO move to exit Qingdao ore terminal
China Merchants Port and COSCO Shipping Ports are joining forces with IMC to sell a controlling stake in an iron ore terminal at China's Qin…
Rheinmetall and MSC acquire Romania's Mangalia shipyard for €138M to establish dual-use naval hub
Strategic move establishes German defense giant's first Southeastern European shipbuilding base amid NATO expansion in Black Sea region.
European shipowners demand bigger share of EU carbon revenues
European shipowners are calling for a threefold increase in the carbon allowances earmarked to support shipping's energy transition, arguing…
Hormuz attacks overwhelm UKMTO
The sheer volume of attacks on commercial shipping around the Strait of Hormuz has left Britain's maritime security reporting centre struggl…