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Samsung Heavy wins over 1 trillion won worth of orders from Bermuda-based company

SEOUL : Samsung Heavy Industries secured orders worth over 1 trillion won ($665 million) for five vessels from a Bermuda-based shipping company, the Korean...

NorthStandard reports strong results and strategic momentum

LONDON: NorthStandard reports strong financial results, continued strategic progress and enhanced support for shipowners operating in an increasingly complex and uncertain global environment.   Global...

LPG highlighted as a practical pathway to accelerate decarbonisation in LR’s latest Fuel for thought report

LONDON: Lloyd’s Register (LR) has published an updated edition of its Fuel for Thought: LPG report, produced jointly with the World Liquid Gas Association...

Aderco 2055G+ program provides performance monitoring from emissions reduction to carbon credits

NYON (SWITZERLAND): Advanced fuel additive technology specialist Aderco has formally launched 2055G+, an industry-first program to drive verifiable ship emissions reductions and deliver measurable...

ClassNK releases Guidelines for 3D Model-Based Approval and related drawing approval system

TOKYO: ClassNK has released the “Guidelines for 3D Model-Based Approval (3DMBA)”, which summarizes the fundamental principles and standard practices for 3DMBA (3D Model-Based Approval),...

Trump vows Iran deal; says ‘nobody controls Hormuz’

WASHINGTON DC: US President Donald Trump remained committed to striking a favourable ceasefire deal with Iran, warning that he "won't be outlasted" as he...

White House rejects Iranian report on draft US deal as ‘complete fabrication’

WASHINGTON : The White House on Wednesday blasted an Iranian state television report about a framework deal with the United States to end the...

US sanctions Iran’s Persian Gulf Strait Authority over Hormuz traffic control

WASHINGTON DC: The United States on Wednesday (local time) imposed sanctions on Iran's Persian Gulf Strait Authority (PGSA), accusing Tehran of using the body...

US military “redirected” 109 commercial vessels during Strait of Hormuz blockade

FLORIDA: In a significant escalation of maritime tensions in West Asia, the United States armed forces have intensified enforcement operations to choke off maritime...

South Korea probe finds Iranian missile likely hit container ship HMM Namu; Tehran envoy to be summoned

SEOUL: South Korea's Foreign Ministry has stated that an Iranian-made antiship missile was "highly likely" used in an attack earlier this month on the...
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