Funds secured for Spanish Institute of Oceanography’s newest facility
The Spanish Ministry of Science, Innovation and Universities will allocate more than €5.2 million (US$5.6 million) for the construction of…
Turkish firm to build littoral mission ship trio for Royal Malaysian Navy
Turkish defence technology company STM has been selected for the construction of three littoral mission ships (LMS) in a series…
Scottish Sea Farms joins kelp farming project
Scottish Sea Farms has joined a seaweed growing venture in a scheme that combines salmon and kelp farming on Loch…
Sea trials completed for Inverlussa Marine Services’ newest workboat
Netherlands-based Nauplius Workboats has completed conducting sea trials of a new shallow-draught, fish farm support workboat ordered by UK aquaculture…
Baltic index hits one-week low as capesize rates dip
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, marked its lowest level…
China’s strong iron ore imports contrast with weak steel output
The strength in China’s iron ore imports this year stands in stark contrast to the weakness in steel production and…
Iron ore tumbles to 2-month low on concerns over weakening China demand
Iron ore futures fell to a two-month low on Tuesday, weighed down by lingering weak fundamentals and concerns over demand…
EU mulls sanctions against Russian tanker owner Sovcomflot
Document seen by Bloomberg contains proposal to designate state shipping company over Ukraine war
Stricken Evalend bulker needs assistance after Houthi strike in Red Sea
Evalend’s 82,000-dwt Tutor (built 2022) was hit twice, from the sea and from the air
Idan Ofer-led Eastern Pacific inks near-billion-dollar car carrier newbuilding deals
Singapore-based company gets ‘ahead of the newbuilding curve’ as it makes a splash in feeder niche