Global shipping giants are investing billions in cleaner technologies. Despite a delay in a worldwide carbon price, companies are moving fo...

Swan Defence And Heavy Industries secured a significant $227 million contract for six chemical tankers from European shipowner Rederiet Ste...

India Maritime Week 2025 has secured investment pledges totaling ₹12 lakh crore. A significant portion, nearly 20%, is earmarked for shipbu...

Dr Sanjay Bhojraj outlines five key steps to improve heart health within 90 days. These include tackling silent inflammation with black see...

Royal Caribbean International has officially launched its newest mega cruise ship, Legend of the Seas, at Meyer Turku’s Finnish shipyard on...

The order is for a mix of owned and chartered dual-fuel vessels totalling 800,000 twenty-foot equivalent units — a measure of how much carg...

The Red Sea crisis has led to increased operating costs for Maersk, it said, necessitating rerouted shipping lanes that have impacted the c...

HD Hyundai Marine's successful IPO attracted investors' attention by doubling stock value. It aims to provide eco-friendly solutions and ex...

The container vessel built by Hyundai Heavy Industries (HHI) in South Korea has a nominal capacity of 16,000 containers (TEU).

Maersk said methanol-powered ships with dual-fuel options cost about 10%-12% more than conventional ships, but the price difference should ...

Maersk has set a net-zero emissions target for 2040 across the entire business and has also set tangible near-term targets for 2030 to ensu...

New Delhi is suspicious of Beijing's increasing presence in the Indian Ocean and influence in Sri Lanka, seeing both as being firmly within...

Sonowal chaired a meeting with all major ports, CSL and IWAI to review the progress on various green initiatives being implemented, as per ...

Maersk consumes about 12 million tons of marine oil per year, roughly equal to all the oil produced in the world in one day.

The bio-inspired propulsion systems can be used in ships remotely , underwater and in aerial vehicles as well.

State governments are putting pressure on the Centre to reverse the decision as the move is adversely affecting their transport companies

Baltic Dry Index plunged to its lowest level after it touched 647 pts, nearly 20 pts lower than the previous low of 663 recorded during 200...