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Funding For Cadets Boosted To £43 Million Pounds Over Next Two Years To Help Build The Maritime Sector
The future of maritime has been given a massive funding boost by the UK Government with an increase in training...
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Up From The Deep: AAL Lifts Two Sunken Tugs From The Bottom Of The Mersey River In Tasmania
AAL Shipping (AAL) has undertaken a salvage operation to remove two tugs from the Mersey River in Devonport on the...
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Capesize, Supramax Gains Buoy Baltic Sea Freight Index
The Baltic Exchange’s main sea freight index was little changed on Tuesday, as capesize and supramax gains offset lower rates...
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Shippers Unlikely To See Lower Insurance Premiums Despite Lesser Indian Ocean Piracy Risk
Shipowners and charterers carrying commodities in the Indian Ocean are unlikely to see lower insurance premiums in the near term...
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CSM Agrees Exclusive Crew Training Deal With Nautilus Pacific Maritime Training In Manila
Columbia Shipmanagement has underlined its commitment to top level training of its crew by signing an agreement with the Nautilus...
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Nearly Two-Thirds Of Europe Facing Drought Or Drought Risk
Nearly two-thirds of European territory is in a state of drought alert or warning due to heatwaves and low rainfall,...
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Oil Jumps Nearly 4% On Possible OPEC+ Supply Tightening
Oil prices surged by nearly 4% on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to support...
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Majority of Traders Now See Fed Raising Rates By 75 Bps In September
A majority of market participants now expect the Federal Reserve to raise rates by 75 basis points in September, data...
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India’s 1st Indigenous Aircraft Carrier ‘Vikrant’ To Be Commissioned On September 2
Prime Minister Narendra Modi will commission the country's first indigenously-built aircraft carrier (IAC) Vikrant on September 2, official sources said....
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Indian Navy Prepares For Women At Sea
INS Chilka, the navy’s basic training establishment in Odisha, is undergoing a transformation ahead of the arrival of the first...
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India, Iran Sign Lease Agreement In Boost To Chabahar Port Operations
The Chabahar project in south-eastern Iran is significant as it gives a transit route between India, Iran and Afghanistan bypassing...
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Asia To Spearhead Global Refinery FCCU Capacity Additions Between 2022 And 2026, Says GlobalData
Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity additions globally between 2022 and 2026,...
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TTI Algeciras Operates A 20,000 TEU Megaship Of COSCO, The Largest To Date
COSCO’s containership COSCO SHIPPING TAURUS has called for the first time at the TTI ALGECIRAS terminal this weekend. The megaship...
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Baltic Index Dips Further As Demand Weakens For Larger Vessels
The Baltic Exchange’s main sea freight index extended its slide on Monday, hitting a fresh 18-month low, as demand for...
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Shipping Industry To Remove The Indian Ocean High Risk Area
After more than a decade of effective threat-reducing counter-piracy operations the shipping industry has removed the ‘Indian Ocean High Risk...
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Performance Shipping Inc. Announces Termination Of ATM Offering
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels,...
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As Inflation Soars, Access To Indigenous Foods Declines
Blueberry bison tamales, harvest salad with mixed greens, creamy carrot and wild rice soup, roasted turkey with squash. This contemporary...
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Global Extreme Weather Patterns Impact Shipbuilding
The heatwave experienced in parts of the world has seen temperatures of between 40 – 42C recently – and according...
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Orbit’s GX30 Terminal Reveives Type Approval To Operate On Inmarsat Global Xpress Commercial And Military Ka-Band Networks
Multi-purpose, lightweight aviation terminal provides high forward and return data rates, worldwide interoperability with military SATCOM, enhancing resilience GX30 for...
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A Chemical Tanker And Cargo Ship Crashed Near Southwestern Japan
A Japanese chemical tanker ship crashed into a cargo ship off the coast of southwestern Japan, the coast guard said...
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