Indian Navy May Retire Up To Three Kilo-Class Submarines Within 5 Years
Russia has offered India three refurbished Kilo-class submarines with newer weapons, according to the source material.
Month September 2026
46 Containers Fall Overboard From Cargo Ship Off Philippines, Coast Guard Warns Ships
The containers fell into the sea near Hamilo Point in Nasugbu, Batangas. The Coast Guard has started operations to recover the containers.
World’s First Ethanol-Capable Engine Passes R&D Testing For Very Large Ore Carrier
The engine is bound for the third in a series of 10 × Very Large Ore Carriers ordered by Shandong Shipping for chartering to Vale.
Baltic Dry Index Rises to Fresh 2021-Highs
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, extended its upward trend for a third session on Friday, climbing by 4% to a fresh high since October 2021 at 3,628 ponts. Shipping rates have risen sharply as strong demand for commodities,...
Wärtsilä Signs Lifecycle Agreement With Mercy Ships International
Wärtsilä has signed a Lifecycle Agreement with charity organization Mercy Ships International. The contract covers a 5-year renewal of an existing service agreement for the world's largest...
KR Releases Statement of Fact for ShipWatch Vessel Performance Calculation Methodology
KR (Korean Register) has issued a Statement of Fact for the Vessel Performance Calculation Methodology developed by ShipWatch, an affiliated company of Navig8 and ADNOC L&S. KR’s technical review...
Techcross Updates Smart Platform Vessel Management Service
Techcross has completely renewed its Smart Platform, a web-based service for shipowners. The key focus of the renewal is to go beyond simply providing operational data from Ballast Water...
Argentina’s shale sand rush is quietly reshaping the country’s freight and shipping map
Argentina’s Vaca Muerta shale boom is creating more than an energy revolution. Its demand for silica sand may provide the cargo base needed to revive long-delayed infrastructure projects, from railways and ports to Atlantic–Pacific connections. Fernando Torres, the co-founder of Trade Up Global...
Diana cuts Genco stake below 10%
Diana Shipping has cut its stake in Genco Shipping & Trading below 10%, continuing a rapid unwind of the position following the collapse of its takeover attempt last month. Fresh SEC filing shows Diana sold another 275,000 Genco shares on September 1 and 2 for about $7.26m. The Athens-based...
Indian Recycling Yards Pushed Towards Highly Speculative Bids
Indian ship recyclers are increasingly prepared to bid at levels that could result in substantial losses based on current prices as competition for a limited number of end-of-life vessels...