The latest confrontation between the United States and Iran has drawn global attention to a critical weakness in international trade: the dependence of the world economy on a small number of maritime
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,
More
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
More
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
More
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
More
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
More
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,
More
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.
More
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
More
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
More