The Chinese PLA Navy today, December 27, celebrated the float out of the first of its next-generation amphibious assault ships. The vessel named Sichuan is reported to be the largest of its kind and incorporates advanced technology. The new ship was built at...
A day after Israel pounded Houthi targets including reports of paralyzing all three Red Sea seaports in Yemen, the militants claimed to have responded with attacks on a containership and Israel’s international airport. Spokesperson Yahya Sare’e claimed direct...
Russian authorities continue to present a wide range of claims associated with the sinking of the cargo ship Ursa Major off Spain at the beginning of the week. After saying that it was an act of terrorism, the shipowner and Russia’s Dmitry Medvedev...
Vietnamese officials were on hand for the handover of the largest dry bulk carrier ever built in a domestic shipyard. The 65,000 dwt Truong Minh Dream was hailed as a key advancement and in keeping with the government’s plans to expand shipbuilding and...
On June 26, 2025—right around the corner—the International Maritime Organization’s (IMO) Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) will enter into force. This landmark agreement is crucial...
Cyprus-based Castor Maritime led by Petros Panagiotidis is expanding its role in containership to take advantage of the hot charter market. Castor reports it has agreed to acquire 74 percent of Frankfurt-listed investment and asset manager MPC Münchmeyer Petersen...
