The owner and Chief Executive Officer of a South Korea–based company, DK Marine, that provided ship husbanding services to the U.S. Navy pleaded guilty for his role in a bribery conspiracy.Sung Yol “David” Kim, 49, a citizen of the Republic of Korea……
DK Marine Boss Pleads Guilty in US Navy Bribery Case Read More »
Gulf Agency Company (GAC) has partnered with Singapore-based start-up F-drones to develop large-scale drones that […]
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The latest survey issued by the Seafarers Happiness’ Index shows increased fatigue from prolonged service on board vessles and stress…
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Seafarers report feeling ‘trapped’ and ‘exhausted’ Read More »
KOTUG International B.V. has completed the 100% acquisition of Marsol International Ltd., an offshore and marine terminal service center, specialized in offshore single point mooring (SPM) buoy terminals and its related infrastructure.The core…
Kotug Acquires Marsol Read More »
The global fleet of seagoing trading ships will grow at a much slower annual rate in the 2020-24 period than…
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Global shipping fleet to grow at reduced rate over next five years Read More »