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SWS Delivers Next-Generation Green Aframax Tanker ‘CSK JUBILEE’

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On November 24, Shanghai Waigaoqiao Shipbuilding (SWS) held a delivery signing ceremony for the 114,000 DWT Aframax product tanker CSK JUBILEE, built for Hong...

India Seeks South Korea’s Expertise to Accelerate Shipbuilding Vision for 2047

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Seoul, Nov 25 (IANS) India sees South Korea as a strong partner in its efforts to expand shipbuilding capacity and strengthen maritime security, Minister...

Russia Moves to Expand Oil and LNG Exports to China as Sanctions Tighten

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Russia sees scope to boost oil exports to China and to deepen cooperation on supplies of liquefied natural gas, Russian Deputy Prime Minister Alexander...

International Maritime Prize Awarded for Five-Decade Contribution

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Secretary-General praises lifetime commitment and integrity. Australia-nominated recipient honoured at London ceremony. Oversaw the adoption of landmark international conventions. At the annual ceremony in...

Suez Canal Recovery Hinges on Red Sea Security Shift

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Cape diversions lengthened voyages and tightened LR supply. Canal transit share is improving, but full recovery may pressure rates. Shift from 82-day Cape...

Offshore Firefighting Continues as Vessel Blaze Enters Fourth Day

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The explosion forces a withdrawal and a shift to offshore suppression. Air monitoring shows safe levels; shelter-in-place lifted. Crews target hot spots and...

Hanwha Expands U.S. Push With Large Capital Injections

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Investments support MASGA-linked shipbuilding, defence, and energy expansion. Hanwha Futureproof positioned as core U.S. investment vehicle. New Hanwha Defence & Energy to unify...

Trafigura Signs for More VLCC Newbuilds from China

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Trafigura, one of the world’s largest metal and mineral traders, has placed an additional order for Very Large Crude Carriers (VLCC) with New Hantong...

Iranian Oil Held at Sea Hits Most Since ‘23 as China Demand Lags

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The amount of Iranian crude held on tankers at sea has swelled to the highest in two-and-a-half years, reflecting slower demand from top buyer...

Mass Drone Attack Hits Black Sea Region

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Three people were killed and at least 16 injured in a major Ukrainian drone attack on southern Russia overnight on 25 November, with residential...
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