All articles by Satarupa Bhowmik

Satarupa Bhowmik

EU reaches deal to reduce maritime emissions

The rule will apply to vessels above a gross tonnage of 5,000, which are said to account for 90% of the sector’s CO₂ emissions.

KDB starts process to privatise South Korea’s flagship carrier HMM

KDB and KOBC have unveiled plans to set up an advisory group for offloading the government’s holding in HMM.

Turkey’s Iskenderun Port halts operations after damage from earthquake

The earthquake resulted in structural damage, including docks collapsing, at the port.

UK invests £77m in green maritime tech

The investment will support the development of battery electric vessels, shoreside electrical power and wind-assisted ferries.

Konecranes chooses L&T for port cranes manufacturing in India  

The partnership will strengthen Konecranes’ reach in India.

US charges two for helping Russian oligarch’s superyacht dodge sanctions

Masters ran a yacht management company in Mallorca that assumed Tango’s operational management after Vekselberg was sanctioned.

OSM Maritime to merge with Thome to create ship management company

The combined entity, which will be named OSM Thome, will have its headquarters in Arendal, Norway.

Ferus Smit to build eight more ships for Erik Thun

The yard will build four 7,999dwt coastal tankers for Thun Tankers, a unit of the Erik Thun Group.

China’s Cosco Shipping to acquire $814m stake in COFCO Fortune

This stake purchase forms part of the business’ strategy to boost capital.

Two missing after explosion splits Chinese tanker in half

15 of the 17 people on board the vessel have been evacuated.