Hyundai Heavy takes over rival Daewoo in $2bn share deal

Hyundai Heavy Industries, the world’s biggest shipbuilding group, has announced a share swap deal worth 2.1…

Turkey ratifies Hong Kong Convention

Turkey has acceded to the International Maritime Organization’s Hong Kong International Convention for the Safe and…

Italy impounds 2.7 tons of cocaine aboard cargo ship

  Italian police on Thursday announced the seizure of 2.7 tons of cocaine, the largest drug…

India seeks extension of Iranian crude sanctions waiver

India is in talks with the United States to seek an extension of a waiver on…

Argentina to resume biodiesel exports to EU

Argentina on Wednesday said it has sealed a deal with the European Union (EU) on exports…

162 Nigerians return from Libya

Nigerian government officials on Wednesday received another batch of 162 Nigerians stranded in Libya. The returnees…

518 ships broken on South Asian beaches in 2018 

A total of 744 large ocean-going commercial vessels were sold to the scrap yards in 2018,…

Hyundai Heavy to buy stake in rival DSME

South Korea’s Hyundai Heavy Industries Group, the world’s biggest shipbuilder, is interested in buying a stake…

Brexit: Swedish firms review UK-registered ships 

Sweden’s Stena and Bermuda-registered Stolt-Nielsen are reviewing their UK-registered ships ahead of Britain’s departure from the…

Lloyd’s Register, UMAS study outlines steps to zero emission vessels 

  A new study on how vessels can achieve zero emissions has been released by Lloyd’s…

IOM says 38 migrants dead in Djibouti boat mishap

More bodies have been recovered by rescuers after two boats overloaded with African migrants sank off…

Bomb hoax: Air Peace commend passengers over conduct

Air Peace on Wednesday commended the passengers of Flight P4 7121 for their calm and cooperation…