Singapore-based shipbuilder Seatrium announced on December 22 that it has reached a settlement with Maersk Offshore Wind regarding the delivery of a specialised wind turbine installation vessel. The US$475 million contract was the subject of a legal conflict that began in October 2025. This high-stakes standoff was resolved by the agreement, which followed Maersk's attempt to cancel the contract due to construction delays.

#seatrium #maersk #offshorewindvessel #ship #oilvessel #singapore #shipping

Seatrium, Maersk reach $360 mn settlement over offshore wind vessel dispute
www.itln.in

Seatrium, Maersk reach $360 mn settlement over offshore wind vessel dispute

The US$475 million contract was the subject of a legal conflict that began in October 2025.

The Paradip Port Authority (PPA) has achieved 100 million metric tonnes (MMT) of cargo throughput in record time for the current fiscal year. It was reached on November 27, marking the fastest the port has hit this volume since its inception.

#paradipport #paradipportauthority #cargo #port #ship #shipping

Paradip Port achieve 100 MM cargo throughput in record time
www.itln.in

Paradip Port achieve 100 MM cargo throughput in record time

The accelerated performance is attributed to faster operational turnaround times, systemic improvements, and consistent stakeholder support.

India's domestic commercial fleet operators revenue to grow by 8-10% this fiscal year, driven by strong domestic demand and import-related transport requirements, according to a new report by Crisil Ratings.

#crisil #crisilratings #shippers #exports #ship #shipping #india #indianfleet

Indian fleet operators set for 8-10% revenue growth this fiscal: Crisil
www.itln.in

Indian fleet operators set for 8-10% revenue growth this fiscal: Crisil

Domestic demand constitutes 65-70% of revenue for fleet operators, helping to offset growth in export-related traffic
Rapid Auto Shipping created a new article
3 yrs

Everything You Need To Know About Shipping Your Car To Alaska | #ship your car to Alaska

Everything You Need To Know About Shipping Your Car To Alaska

Everything You Need To Know About Shipping Your Car To Alaska

Are you planning a move to Alaska and need to ship your car? Or maybe you're just looking for a change of scenery and want to make the trip in style. Either way, shipping your car to Alaska can be an intimidating process. With unique regulations, remote locations, and harsh climate c

Language

A

Switch Language?

Would you like to switch language to French?