QatarEnergy Inks Deal With Chinese Shipbuilder For Giant LNG Carriers

State-owned LNG giant QatarEnergy has signed a major shipbuilding deal worth $6 billion with China State Shipbuilding Corp to construct 18 271,000-cbm LNG carriers....

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Indian Navy Leads Humanitarian Effort Following Tanker Fire

The Indian Navy led a major firefighting and rescue operation after an explosion and fire onboard an LPG carrier in the Gulf of...

HD Hyundai Shipbuilders Secure Approval for December Merger

Shareholders of HD Hyundai Heavy Industries and HD Hyundai Mipo approved their merger, clearing the way for a December 1 launch. The merger...

Ningbo Containerised Freight Index Rises Amid Stronger Middle East Demand

Freight rates out of Ningbo recorded moderate gains this week, led by robust demand on Middle East routes, according to the latest Ningbo Containerised...

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Collision & Grounding on Christmas Eve

A container vessel ran aground off Hong Kong while a cargo ship allided with Canal lock doors during Christmas Eve. Incident : Vessel Grounding Location : Off Hong...

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Acting President Trump Orders Immediate Tariff Talks with S. Korea, Japan,...

Acting President Han Duck-soo confirmed that President Trump has directed his administration to begin immediate tariff talks with South Korea, Japan, and India. ...
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