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Maersk Tankers Forms Large-Scale Tanker Company Through Acquisition Of Penfield Marine

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For an undisclosed fee, Maersk Tankers has purchased US pool operator Penfield Marine, creating a key player in the oil and product tanker industry that will oversee roughly 240 vessels. Tina Revsbech will lead the merged company, which will function under Maersk Tankers and Brand and have its offices in Copenhagen. Tim Brennan and Eric […]

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By 2047, India Plans To Invest Rs 60,000 Cr In The Development Of Green Vessels And River Cruise Tourism

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According to Union Minister Sarbananda Sonowal, the government plans to create green vessels and invest Rs 60,000 crore in river cruise tourism by 2047. He made this statement on the fringes of the inaugural Inland Waterways Development Council meeting. The plan is to invest Rs. 45,000 crores on river cruises, increasing the capacity from 2

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Indian Navy On High Alert Amidst Security Concerns In Arabian Sea And Gulf Of Aden

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The Indian Navy announced on Wednesday that it will continue to conduct maritime security operations and maintain more advanced surveillance with its ships and aircraft. It stated that India’s Naval Task Groups stationed in the area have been inspecting numerous fishing vessels over the past week and have boarded the ship of interest. In response

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Panama-Flagged Bulk Ship Collides With Russian Mine In Black Sea, Two Injured

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Two crew members were hurt when a bulk ship flying the Panamanian flag collided with a Russian mine in the Black Sea while en route to the River Danube port for loading grain. The incident, which happened on Wednesday, is the most recent in a run of incidents in which civilian ships have come into

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