Yearly Archives: 2024
Anchored Innovation: Key Shifts In UAE Maritime Regulations
The maritime landscape in the UAE witnesses a transformative shift with the introduction of the New Law, focusing on three crucial aspects: UAE-registered vessel...
Election Echoes: Unrest And Hope In South Asian Shipbreaking Markets
The current maritime landscape is marked by strategic shifts and challenges, notably with the avoidance of the Suez Canal impacting global trade routes. Simultaneously,...
Seas Of Synergy: SITC And Xiamen Port’s Maritime Collaboration
SITC, a prominent Chinese shipping company, is set to enhance the global shipping system by leveraging its logistics and supply chain expertise in collaboration...
Project Precision: UHT-Dongbang’s Strategic Synergy Unveiled
Germany’s United Heavy Transport (UHT) and Korea’s Dongbang Transport Logistics have forged a powerful alliance, pooling their expertise in heavy lift vessels and transport....
Maersk Takes Lead In Active Charter Market
Amid disruptions and longer transit times from Asia via the Cape of Good Hope, Maersk has emerged as the most active operator in the...
Resurgence Of Piracy In The Indian Ocean
Recent developments in the Gulf of Aden, Somalia, Arabian Sea, and Indian Ocean point to a concerning surge in maritime security threats, particularly piracy...
Shipping Firms Respond To Escalating Red Sea Threats
Ongoing attacks by Iranian-backed Houthi militants in Yemen on vessels in the Red Sea have prompted shipping companies to adapt swiftly. As a crucial...
Unveiling Critical Maritime Chokepoints
The halting of traffic through the Suez Canal in 2021 highlighted the significant cost and disruptions to global commerce, bringing attention to the vulnerabilities...
Singapore’s MPA Implements Measures To Enhance Shipping Industry Competitiveness
From April 1, Singapore's Maritime and Port Authority (MPA) will waive security deposits for shipping companies with low default risk, potentially boosting their...
Panama Canal Navigates Crisis: Drought, Climate Extremes, And Economic Impact
The Panama Canal confronts a significant crisis with lower water levels, causing delays and increased shipping costs.
Panama's economy, heavily reliant on canal...