MUNDRA : The owner of India’s largest port in Mundra, Gujarat, will raise $1 billion in ‘outstanding senior notes’ one or more tranches over the next six quarters, the company informed the exchanges. ‘Outstanding
NEW DELHI : In response to the recent maritime disaster involving the sinking of a cargo vessel carrying 643 containers, including 13 known to contain hazardous materials, the Centre for Marine Living Resources and
TAIPEI : Wan Hai Lines held ship naming ceremony for WAN HAI A19 accompanied by a charity event on 29th May at Samsung Heavy Industries Geoje shipyard. Ms. Huifang Zhang, Logistics Director of Meiying
KOCHI : The National Green Tribunal (NGT) has stated that Mediterranean Shipping Company (MSC) that owned the Liberia-flagged container vessel MSC Elsa 3 that sank off the Kochi coast on May 25, 2025 was
OSLO : At the Nor-Shipping trade fair, classification society DNV awarded HD Hyundai Heavy Industries (HHI) an Approval in Principle (AiP) to for its newly developed 40,000 CBM liquefied CO₂ (LCO₂) carrier design featuring
SEOUL : The domestic shipping giant Sinokor Merchant Marine is reportedly pushing for the sale of half of its bulk carrier fleet that it currently operates. Analysts suggest this is in response to establishing
ROTTERDAM : An automatic check at the gate ensures that only the correct driver is granted access to the terminal. This so-called verification of the operating carrier has now been implemented at all deepsea
BUSAN : KR (Korean Register) signed a Memorandum of Understanding (MOU) with HD Hyundai Heavy Industries (HD HHI) on June 3 during Nor-Shipping 2025 to jointly develop a very large ethane carrier (VLEC). Ethane carriers are
OSLO : KR (Korean Register) has signed a memorandum of understanding (MOU) with HD Hyundai Mipo and HD Korean Shipbuilding & Offshore Engineering (HD KSOE) on June 3 at Nor-Shipping 2025 in Oslo, Norway. The agreement
HELSINKI : Ship design and engineering company Foreship has been working with Royal Caribbean on the $100 million amplification of Allure of the Seas, culminating in the recently completed drydock phase. Foreship’s multi-disciplinary team