By GMM News | 2024-08-26 | International Shipping News | The sale has been widely expected as Korea Line, part of SM Group, has been reported to be keen to exit the VLCC segment. The Korean-built ships – SM […]
By GMM Technologies | 2024-08-26 | Maritime Industry News | Saudi shipping giant Bahri inked an agreement to acquire nine very large crude carriers (VLCCs) from global shipping outfit Capital Maritime and Trading Corporation for SAR 3.75 bn […]
By GMM Technologies | 2024-08-02 | Maritime Industry News | In a significant step towards environmentally friendly shipping, an innovative ship design for an ammonia-fueled 3,500 TEU container vessel has received Approval in Principle (AiP) from […]
By GMM News | 2024-08-01 | International Shipping News | The latest Seafarers Happiness Index (SHI) report from the Mission to Seafarers reveals a slight improvement in seafarer well-being for Q2 2024, with the index rising to […]
By GMM Technologies | 2024-07-22 | Maritime Industry News | ITOCHU Corporation, the Maritime and Port Authority of Singapore (MPA), Nihon Shipyard, and Nippon Kaiji Kyokai (ClassNK) have signed a Memorandum of Understanding (MOU) to collaborate […]
By GMM News | 2024-07-18 | International Shipping News | Ships rerouting around Africa’s southern tip to avoid Red Sea dangers are experiencing extreme weather, causing major disruptions. The harsh weather has already caused one vessel to […]
By GMM News | 2024-07-12 | International Shipping News | The U.S. Department of State has announced sanctions on three United Arab Emirates (UAE) companies and eleven tankers over their involvement in the transportation of Iranian petroleum […]
By GMM News | 2024-05-15 | International Shipping News | India has signed a 10-year contract with Iran to develop and manage the strategically located Chabahar port. The Indian government announced this deal to demonstrate the nation’s […]
