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...
The containership Kaimana Hila (50,981 dwt) has returned to service after completing the third LNG conversion for Matson. When she was completed in 2019, Matson highlighted that commercial supplies of LNG were not available along its network but the vessel...
The U.S. Navy’s undergunned Littoral Combat Ship classes are both about to get a major armament upgrade, according to USNI. At the USNI Defense Forum on Wednesday, outgoing Navy Secretary Carlos Del Toro told the audience that many LCS hulls will eventually...
