Sources put a five-year lifespan on dark fleet tankers due to difficulties getting them through special surveys
Tanker sold for recycling as clear-out of veteran dark fleet tonnage continues Read More »
Buyer is Brazilian operator Posidonia Shipping & Trading
Seatrium sells offshore support vessel pair for $59.7m Read More »
The Baltic Exchange’s Dry Index declined in October, and the slowdown is increasingly presenting itself via tonnages of various sizes and types across the Indian sub-continent ship recycling landscape, says cash buyer GMS.This is especially…
Ship Recycling Remains Sluggish Read More »
The Pakistan Navy expects its first Chinese-designed submarine to enter active service next year, the country’s top admiral told Chinese state media, bolstering Beijing’s bid to counter regional rival India and project power toward the Middle…
Pakistan Eyes 2026 Launch for First Chinese Submarine Read More »
Dispute had been going on for three years
Hanwha Ocean drops $32.8m lawsuit against subcontractors Read More »