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Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Pegasus with Fednav International

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, yesterday announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Fednav International Ltd.,...
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All maritime traffic banned in Strait of Hormuz, Iran says, as Israel readies to resume fighting

All maritime traffic banned in Strait of Hormuz, Iran says, as Israel readies to resume fighting
Iran claims that traffic through the Strait of Hormuz has dropped to zero, and restrictions on vessel transit will remain in place until conditions change, according to an informed source in the Islamic Revolutionary Guard Corps (IRGC) Navy on Sunday. “As long as...
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India’s strength in shipping decarbonisation lies in cheap fuel production: GMF

India’s strength in shipping decarbonisation lies in cheap fuel production: GMF
Cheap green hydrogen-based fuels are India’s biggest strength in decarbonising shipping, a study by the Global Maritime Forum (GMF) said. GMF’s research found that the production costs for green hydrogen and green ammonia in India are among the lowest in the world due...
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Naver Cloud and HD Korea Shipbuilding drive AI cloud for Korea’s shipyards

Naver Cloud and HD Korea Shipbuilding drive AI cloud for Korea’s shipyards
Naver Cloud and HD Korea Shipbuilding & Offshore Engineering will move to build a cloud tailored to the shipbuilding industry. They will jointly build an AI and cloud environment optimized for HD Korea Shipbuilding & Offshore Engineering’s design and...
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Yemen’s Houthis announce a maritime embargo against Saudi Arabia

Yemen’s Houthis announce a maritime embargo against Saudi Arabia
Yemen’s Houthi rebels have announced they are imposing a maritime embargo against Saudi Arabia in response for a recent attack on Sanaa Airport. Yahya Saree, a military spokesperson for the Houthis, said in a video statement on Monday that the maritime ban against...
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