South Korea Makes Massive Drug Haul

South Korean authorities found about two tonnes of suspected cocaine on Wednesday on a ship docked at a port, the customs service said, in what appears to be the largest haul of

South Korea's Orderbook Tops $138 billion

Veson Nautical has used VesselsValue data to confirm that South Korea’s orderbook has now topped $138 billion.The LNG sector is the most valuable, worth $71.3 billion and accounting for around 52% of

China Warns Taiwan, Calls President "Parasite"

China's military on Tuesday said it had begun joint army, navy and rocket force exercises around Taiwan to "serve as a stern warning and powerful deterrent against Taiwanese independence", calling Taiwan's President

Shell Condemns Australia's LNG Plans

Shell warned on Tuesday that a proposal in Australia to force more export gas into the domestic market could end up deterring investment and exacerbating shortages.Ahead of Australia's May 3 general election,

ABS Signs Talent Development MoU in Singapore

ABS and the Singapore Institute of Technology (SIT) signed an MoU at Singapore Maritime Week last week to advance innovations in applied research in maritime technology and enhance talent development within the

White House Could Bypass UN on Deep-Sea Mining

The White House is weighing an executive order that would fast-track permitting for deep-sea mining in international waters and let mining companies bypass a United Nations-backed review process, according to two sources

William Hackett: New Digital Solutions

William Hackett, a global supplier of safety-critical lifting, rigging and chain solutions, is expanding its customer offering with new digital solutions.The UK-based manufacturer is adding RFID chips to its popular Hack8 and

Caspian Pipeline Consortium Halts Operations at Two Mooring Points

The Caspian Pipeline Consortium (CPC), which exports Kazakhstan's and Russia's oil from the Black Sea, announced on Monday that it had halted operations at two of its terminal's three mooring points (SPMs).CPC pipeline, which ships

China: Missing Vessel Crew is 'Safe' After Suspected Pirate Attack

China said on Monday (March 31) that all crew members who went missing over the weekend after a suspected pirate attack on their Ghanian-registered fishing vessel are now “safe”.“China will continue to work