Sub-continent ship recycling markets appear to have disappeared back into the ether for another week, as trading markets rebound and candidates for recycling start to dissipate. In recent weeks, volatile steel plate prices, a constantly deteriorating currency and starved U.S.

The U.K. Royal Navy aircraft carrier HMS Prince of Wales has left Portsmouth en route to Rosyth where the £3 billion aircraft carrier will receive repairs after breaking down off the Isle of Wight in August.The 65,000-tonne warship will enter…

India-based Reliance Industries' recently delivered FPSO Ruby on Sunday collided ‘lightly’ with an accommodation barge offshore the east coast of India, India’s Economic Times reported on the same day.The news website cited a Reliance spokesperson…

ShipMoney announced a new long-term strategic partnership with ship management compnay V. Group to digitalize its seafarers’ payroll system. The deal also enables V. Group to make international corporate remittances, network payments, money…