Cornered pirates surrender as Indian Navy rescues 17 hostage seafarers from hijacked Ruen
After hijackers apparently repurpose Navibulgar bulker into pirate ship, 40-hour operation wrests back control
After hijackers apparently repurpose Navibulgar bulker into pirate ship, 40-hour operation wrests back control
India claims to have foiled any attempt to use the 41,600-dwt Ruen (built 2016) as a base for further hijackings
Indian Navy shadows hijacked Ruen to stop pirates prowling for other targets Read More »
Greek owner adds Japanese bulker already worth $5m more than price tag
Seanergy reveals capesize swoop prior to asset price spike Read More »
Oslo-based owner splashes $18.5m on 2015-built handysize
Vega Bulk buys bulker as Japanese owner culls fleet Read More »
Norway is still the fifth-largest shipping nation in the world
Norwegian-controlled fleet shrinks for fourth year in a row despite $10bn orderbook Read More »