At least 107,356 species are involved in international wildlife trade, more than twice the number previously estimated, according to a study published in Science Advances. The research, which brings together records from
Danish shipping giant AP Møller-Maersk has finalized a deal to acquire the Panama Canal Railway, a key infrastructure link that connects the ports at both ends of the Panama Canal. This acquisition
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In a major milestone for China’s shipbuilding industry, the country has delivered its latest dual-fuel car carrier, capable of carrying up to 8,600 vehicles. The new vessel, named Wen Jing Kou, was
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Several significant investments in the maritime sector have been announced, showcasing a global push to enhance port infrastructure, green shipping solutions, and technological advancements within the industry. India’s $5.8 Billion Inland Waterways
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In 2024, 128 major maritime construction projects were launched globally, with a total investment of approximately $52.63 billion. The combined cost of the ten most expensive projects alone reached around $26 billion,
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A catastrophic maritime incident unfolded on March 10 in the North Sea as the U.S.-registered oil tanker MV Stena Immaculate and the Portuguese-flagged cargo vessel MV Solong collided off the coast of
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A catastrophic collision between a container ship and an oil tanker in the North Sea has triggered fears of a major environmental disaster, as emergency crews race to contain the fire and
More Shares in Clarksons, the world’s largest shipbroking company, plummeted by more than 20% on Monday following a warning that rising geopolitical tensions are negatively impacting shipping deals. The London-listed company reported in
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President Donald Trump has developed an intense focus on shipbuilding, even texting about rust issues late into the night, according to John Phelan, his nominee for Navy secretary. He has also floated
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In a significant development in global trade and investment, BlackRock announced on Tuesday that it has agreed to acquire two ports serving the Panama Canal from Hong Kong’s CK Hutchinson. This move
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Sri Lanka’s maritime destiny has long been forged by pragmatic decision-making and visionary leadership. For decades, the Sri Lanka Navy (SLN) has balanced long-term national interests with the pressing demands of technology,
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The International Maritime Organization (IMO) has taken a significant step toward ensuring the safe operation of ships powered by alternative fuels and new technologies by finalizing draft interim guidelines for seafarer training.
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Three oil tankers have sustained blast damage in the Mediterranean over the past month, shipping and security sources revealed to Reuters. These incidents mark a rare occurrence, as non-military vessels have not
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Introduction Marine Scientific Research (MSR) is a crucial activity for countries like Sri Lanka, especially as the Indian Ocean grows in strategic and scientific importance. However, there are challenges in balancing the
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A rare and remarkable discovery has been made off the coast of Tenerife, where the elusive black seadevil, a deep-sea predator known for its bioluminescent lure and haunting appearance, has been filmed
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DP World has announced a record-breaking performance in 2024, handling an unprecedented 88.3 million twenty-foot equivalent units (TEUs) across its global ports and terminals. This marks an 8.3% year-on-year increase, despite macroeconomic
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