Japan Plans Submarine-Launched Mach 5 Hypersonic Missile To Strengthen Long-Range Strike Capability
Japan’s Ministry of Defense included the plan in its FY2027 budget request released at the end of August 2026.
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COSCO Denies U.S. Allegations That Its Ships Used Concealed Equipment To Spy For Beijing
China's state-owned shipping giant COSCO has denied claims that its vessels were used to collect military intelligence for Beijing.
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.
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...