Crude Tanker Market Outlook For 2025

The crude tanker market is poised for an intriguing year in 2025, with key trends favouring larger vessels like VLCCs (Very Large Crude Carriers)...

Samsung Heavy Industries Secures Major Contract For Ultra-Large Ethane Carriers

Samsung Heavy Industries (SHI) announced a significant contract to build three ultra-large ethane carriers (VLECs) for an Asian shipowner. The contract, valued at 742.2...

Indian Register Of Shipping (IRS) Celebrating 50 Years Of Maritime Excellence

As the Indian Register of Shipping (IRS) concludes its Golden Jubilee year in 2024, the organization has achieved remarkable milestones in sustainability, innovation, and...

Jiangnan Delivers LNG-Fueled Carrier To SAIC Anji

The delivery of the LNG-fueled pure car and truck carrier (PCTC) Anji Prestige by Jiangnan Shipyard to SAIC Anji Logistics marks a significant milestone...

Zvezda Shipyard Completes Russia’s First LNG Carrier

Aleksey Kosygin Embarks on Sea Trials as Russia’s LNG Fleet Takes Shape. Zvezda’s Aleksey Kosygin to Support Delayed Arctic LNG 2 Project. Western...

Turkey Plans Maritime Agreement with Syria After Government Formation

Ankara Eyes Maritime Demarcation Deal with Syria's Interim Administration. Turkey to Boost Ties with Syria Following Assad’s Fall. Erdogan Pushes for Trade, Energy,...

SWS Secures Sixth FPSO Hull Contract with SBM Offshore

SWS Delivers Fifth FPSO Jaguar Ahead of Sixth Unit Construction. SWS Achieves 25-Year Milestone with Over 100 Million DWT Delivered. SWS Expands Portfolio...

Legal Risks And Green Opportunities In Ship Recycling

The global shipping industry is confronting the challenge of aligning ship recycling practices with evolving environmental and safety standards. As the average age of...

Indian Recyclers Acquire VLCC ‘Amor’ in Shipbreaking Milestone

Indian ship recyclers have purchased the 2000-built VLCC ‘Amor’ from a shadow fleet, marking the first such transaction since 2022. The ship recycling...

OpenAI’s Next Leap: Humanoid Robots on the Horizon

OpenAI is reportedly exploring the development of its humanoid robots, reigniting interest in robotics after closing its division in 2021. Strategic investments in...