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Middle East war halts Strait of Hormuz traffic, 20,000 seafarers strandedThe Strait of Hormuz, a vital global shipping lane, is severely disrupted by the ongoing Middle East war. This vital waterway, crucial for ...
The gradual return of ships to the Red Sea hits a key milestoneLeading container line A.P. Moller-Maersk is resuming regular services through the Suez Canal, signaling increased confidence in the safety...
US and EU spar ahead of vote to cut global shipping emissionsThe EU and US are clashing over a UN proposal to cut global shipping emissions, with Washington threatening penalties for nations supportin...
The Rockefeller Christmas tree lighting ceremony: Date, time and how to watch it liveThe Rockefeller Christmas tree lighting ceremony, an annual highlight of the holiday season, is set to dazzle once more.
Nate Silver warns Kamala Harris of poll gains post U.S Presidential debateKamala Harris has performed phenomenally throughout the second Presidential Debate, where she was seen subtly calling out most of Donald Tr...
Drone-sinking of coal ship takes Red Sea perils to new levelThe sinking of a coal-carrier by a sea drone near the Bab el-Mandeb chokepoint has raised navigation risks.
Offshore wind’s next big problem: not enough shipsThe looming shortage of ships capable of handling such turbines comes on the back of a tumultuous 2023 for the offshore wind industry.
Fuel tanker rates are soaring on Red Sea disruptionSeveral oil product tanker companies have said they will no longer carry cargoes through the Red Sea in response to the attacks on merchant...
Add soaring insurance bills to mounting Red Sea trade chaosShipowners and charterers prepared to risk sailing through the Red Sea are wondering whether it’s cheaper to pay the mounting additional in...
Half of Red Sea container fleet avoids route after attacksThe tally compiled by Flexport Inc. shows 299 vessels with a combined capacity to carry 4.3 million 20-foot containers have either changed ...
Brandon Blackstock ordered to pay ex-wife Kelly Clarkson $2.6 million for unlawful business dealsThe disclosed agreements involve a range of financial arrangements. These include a $1.98 million deal securing Clarkson's coaching role on...
Kelly Clarkson clarifies stance on Taylor Swift and Travis Kelce's relationshipTaylor Swift and Travis Kelce are under the spotlight amid persistent romance rumors. These speculations first surfaced in September, and t...
National Television Awards 2023: Nominations announced, check full listNational Television Awards 2023 nominations have been announced and a number of popular shows have featured in that list.
Record shipping costs add to auto industry’s supply chain woesThe likes of Ford Motor Co. and General Motors Co. already painted a gloomy outlook in recent months, driven primarily by semi-conductor sh...
Farewell, White House: Biden's German Shepherd Major sent back home to Wilmington after he bit security agentMajor is the first rescue dog to have lived in the White House.
Ocean-cargo boom fuels $10 billion spree for new container shipsThe global health crisis reversed those fortunes, leading to a surge in online demand for goods that allowed the carriers to charge three t...
- ABG Shipyard's net profit falls 60%, revenue also down
ABG Shipyard on Wednesday said that the company's net profit during the October-December quarter fell by 60% to Rs 18.62 crore as against R...
- Shipbuilding in Shina H1 figures paint grim picture
First half figures from China's shipyard make grim reading. In the first half, newly received order volume in China is 10.74million tonnes,...
- Chinese coastal vessels forced to seek new business
Suffering from a slowdown in China's coastal trade, the country's huge fleet of coastal ships has sailed out of the shadows to seek interna...
- ABG shipyard net profit falls 4% in FY12, sales up 17.7%
ABG Shipyard reported 4% year-on-year fall in net profit in fiscal 2011-12. In the year ended March, the co. reported net profit of Rs 180....