June 1, 2026
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Republic of the Marshall Islands Maritime Administrator Welcomes HEROIC IDUN Judgment

May 30, 2026 International Shipping, Maritime, Maritime Law, Shipping Line, Trade, Trending News
HAMBURG: A Special Chamber of the International Tribunal for the Law of the Sea (ITLOS) delivered its judgment Wednesday in the case of the Republic of the Marshall Islands v. Republic of Equatorial Guinea “Heroic Idun”

Press Statement from the Palau Ship Registry

May 30, 2026 Tanker, Classification Society, International Shipping, Maritime, Trade, Trending News
GREECE: The Palau Ship Registry notes that certain reports have identified M/T JAMES II (IMO 9253909) as a vessel registered under the Palau flag. This is not correct. To clarify, M/T JAMES II has

ClassNK releases PrimeShip‑HULL 2026.1

May 30, 2026 International Shipping, Classification Society, Maritime, Ship Building, Shipping Line, Trending News
TOKYO: ClassNK has released PrimeShip‑HULL 2026.1, the latest version of its hull structure assessment software for shipbuilders and design firms. This release integrates the evaluation functions for IACS Common Structural Rules for Bulk Carriers

Sarbananda Sonowal highlights India’s maritime growth at CII CEOs Roundtable

May 29, 2026 Maritime, Business, Global Trade, Trade, Trending News
NEW DELHI : Union Minister of Ports, Shipping & Waterways, Government of India, Shri Sarbananda Sonowal, expressed his delight while interacting with leading industry captains and stakeholders at the CEOs Roundtable organised by the

“India stands ready to support efforts to reduce tensions”: Ajit Doval calls for uninterrupted flow of trade through Hormuz, Red Sea

May 29, 2026 International Shipping, Business, COMMERCE, Economy, Maritime, Maritime Security, Trade, Trending News
MOSCOW: National Security Advisor Ajit Doval called for special attention to the situation in West Asia, emphasising the need to ensure the safe and uninterrupted flow of trade through international waterways, including theStrait of

12th Round of India-Korea CEPA upgrade negotiations held in New Delhi

May 29, 2026 Maritime, COMMERCE, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Pursuant to the Joint Declaration signed on 20 April 2026 by Union Minister of Commerce and Industry Shri Piyush Goyal and Korean Trade Minister , Ministry of Trade, Industry and Resources

SDHI Reports Total Income of ₹440 Crores in a Landmark Turnaround Year, Backed by a Robust Order Book

May 29, 2026 Maritime, Company, Ship Building, Trade, Trending News
MUMBAI: Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy fabrication company, has announced its audited financial results for the fiscal year ended March 31, 2026. Key Financial Highlights for FY26

Iranian media reports exchange of fire between Iranian, US forces amidst ceasefire

May 29, 2026 International Shipping, Export - Import, Foreign Ports, Maritime, Maritime safety, Maritime Security, Navy, Ocean Attack, Trade, Trending News
TEHRAN: Iranian media on Thursday reported an exchange of fire between Iranian and US forces near the Strait of Hormuz, with Tehran saying its naval forces confronted vessels attempting to cross the strategic waterway

BAR Technologies appoints Panmarine to support WindWings® growth in Greece and Cyprus

May 29, 2026 International Shipping, Maritime, Shipping, Shipping Line, Trade, Trending News
PORTSMOUTH: BAR Technologies has appointed Panmarine & Industrial Services Ltd. as its commercial consultant for Greece, Cyprus and connected territories, strengthening its regional presence as wind propulsion moves into wider adoption as a practical

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

May 29, 2026 International Shipping, Global Trade, LNG, Maritime, Ship Building, Trending News
SEOUL : Samsung Heavy Industries secured orders worth over 1 trillion won ($665 million) for five vessels from a Bermuda-based shipping company, the Korean shipbuilder said Wednesday. The package order includes one liquefied natural
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