India has recorded a breakthrough in its shipbuilding ambitions after securing its first chemical tanker order. The contract was awarded to Swan Defence and Heavy Industries Limited (SDHI) and marks a rare decision by a European owner to place a technically complex tanker order at an Indian yard.
Evergreen Marine has confirmed a major newbuilding programme covering 23 container ships, with a total value of up to $1.47 billion, reinforcing its long-term fleet expansion and renewal strategy.
New data show that the maritime industry has now set grim records for six consecutive years in ship abandonment cases, confirming that the problem has become deeply systemic rather than incidental.
The trial of MV Solong’s captain, Russian seafarer Vladimir Motin, has entered a tense phase at London’s Old Bailey, where he faces gross negligent manslaughter charges after the cargo ship collided with the anchored tanker Stena Immaculate near the Humber Estuary on March 10, 2025.
French shipping giant CMA CGM is once again reducing its exposure to the Suez Canal, redirecting several key container services amid renewed geopolitical tension across the Middle East.
US forces have taken control of a seventh oil tanker linked to Venezuelan crude shipments, reinforcing Washington’s tightening grip on the country’s oil exports.
HMM has signed a landmark agreement with Avikus, the autonomous navigation arm of HD Hyundai.