Angad Banga, the Chief Operating Officer for Caravel Group, has been appointed as the new Chairman of Hong Kong Shipowners Association (HKSOA).
Israeli-linked vessels have found themselves in the crosshairs of Houthi rebels and increased security threats while sailing in the Red and Arabian Seas.
China Merchants Energy Shipping (CMES) has ordered a MAN B&W 7G80ME-LGIM engine for a VLCC that is to be built by Dalian Shipbuilding Industry Co for delivery in April 2026.