Italy, Greece Ink Pact for Warships

On the opening day of the Seafuture trade fair in La Spezia, the National Armaments Directors of Italy and Greece signed a preliminary agreement for the sale to the Hellenic Navy, through Fincantieri, of

Baltic Index Vessel Rates Fall Across the Board

The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell on Monday, pressured by declining rates across all vessel segments.The main index, which factors

Dutch Cargo Ship Attacked off Yemen

British maritime security firm Ambrey said on Monday that a Netherlands-flagged general cargo ship reportedly came under attack 120 nautical miles southeast of Yemen's port city of Aden.The United Kingdom Maritime Trade

HAV Design Names New Managing Director

Norway-based ship designer HAV Design has appointed Richard Schofield as its new managing director.Schofield has 20 years’ management experience from maritime industries. He has held leadership roles at maritime suppliers Kongsberg Evotec

Ulsan Port Completes Its First Green Methanol STS Bunkering for Bulk Carrier

Ulsan Port Authority (UPA) has completed Korea’s first methanol bunkering for a dual-fuel bulk carrier at Ulsan Port.The STS for a bulk carrier, conducted on September 28, 2025, follows Ulsan Port’s world-first

NYK, Neptune Ink Robotic Hull Cleaning Deal in Maritime Decarbonization Push

Nippon Yusen Kabushiki Kaisha (NYK Line), one of the world’s largest shipping companies, has expanded its partnership with Neptune Robotics to scale up robotic hull cleaning across its global fleet in a

Ship Recycling Market Faces Disconnect

“Global markets seem to be going through quite a disconnect of late as on the one hand, the last couple of months has seen a multitude of directions that stock markets, trading

China Oil Port to Ban Shadow Fleet

Terminal operators in a major oil port in east China's Shandong province are set to introduce measures to ban shadow fleet vessels and curb visits by other old tankers, according to an

HD Hyundai Advances Shipbuilding Cooperation with Saudi Arabia

Chung Kisun, Executive Vice Chairman of HD Hyundai, has met with H.E. Khalid AlFalih, the Minister of Investment of Saudi Arabia, to discuss the operation of the joint shipyard and engine plant