Australia Reports Large Number of Cattle Deaths Aboard Livestock Carrier
New Delhi, March 28, 2024: Australian authorities are investigating a large number of cattle deaths aboard a live export vessel, the latest incident that yet again puts focus on exports of livestock by sea....
Emmanuel Macron visits world’s first wind-powered hybrid industrial ship
New Delhi, March 27, 2024: On March 26, 2024, Macron paid a working visit to the Guiana Space Center in Kourou, expressing his confidence in the Ariane 6 – Europe’s next rocket to fly...
Indian Navy Rescues Bulk Carrier MV Abdullah Hijacked By Somali Pirates
New Delhi, March 18, 2024: A warship of the Indian Navy and its Maritime Patrol Aircraft saved a Bangladeshi Bulk Carrier and its crew after it was hijacked by Somali Pirates in the Indian...
Saipem bags offshore pipelines installation deal for UK CCS projects
Italian offshore engineering and construction giant Saipem has signed a letter of intent for the installation of offshore pipelines on the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power) projects.
NEP –...
Houthis vow to extend attacks deeper into the Indian Ocean
Another ship has been damaged by the Houthis, who now claim to have hypersonic missiles in their armoury and will expand their target zone deeper into the Indian Ocean to try and prevent enemy...
Subsea 7 wins contract for Woodside’s deepwater field in Mexico
Offshore engineering and services player Subsea 7 has struck a deal with Woodside Energy for work on the Trion field development in Mexican waters of the Gulf of Mexico.
Under the contract, worth between $350m...
Bulk carrier boarded off Somalia
New Delhi, March 13, 2024: A bulk carrier has been boarded in the Indian Ocean by suspected Somali pirates some 600 nautical miles east of Mogadishu.
The United Kingdom Maritime Trade Operations (UKMTO) said it...
Panama Canal Authority adds three more daily transit slots
Solid amounts of rain have allowed the Panama Canal Authority (ACP) to add three extra slots per day at its panamax locks, taking the total daily maximum transits to 27, still more than 10...
Grindrod secures up to $113m in debt refinancing
Grindrod Shipping has struck a deal for an $83m loan with Nordea Bank and SEB Bank (Singapore). The Singapore-based bulker owner and operator is using the proceeds to refinance the existing $114.1m senior secured...
Safe Bulkers offloads two ships in strong secondhand market
New York-listed Safe Bulkers has continued its fleet renewal programme and also taken advantage of firming tonnage prices having agreed to offload two of its ships in separate deals.
The Monaco-headquartered Greek owner is shipping...
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