Yearly Archives: 2024
Wisdom Marine & Synergy Launch Strategic Bulk Carrier JV
Wisdom Marine Group and Synergy Group are excited to announce their joint venture, Wisdom Synergy Ship Management (WSSM).
The initiative follows Wisdom’s decision...
Shipping Route Decision Made By Maersk After Recent Red Sea Attacks
Maersk to update route plans.
Hapag-Lloyd has chosen to continue diverting its vessels.
MSC is currently diverting its vessels via the Cape of...
ZIM’s Rate Increase From West Mediterranean Ports To US East Coast, Gulf, Canada, And...
ZIM announced revised rates from West Mediterranean ports.
The Israeli ocean carrier has declared rate adjustments for shipments.
The tariff rates will take...
AD Ports Group’s 2023 Achievements Overview
In 2023, AD Ports Group exhibited remarkable growth through strategic expansions, financial achievements, global partnerships, and significant strides in its diverse clusters, solidifying its...
China’s Advances Domestic Deep-Sea Wind Power Installation
China's deep-sea wind power installation vessel, Bo Qiang 3060, conducted a successful trial voyage near Yantai, Shandong Province, setting domestic records in water...
Dardanelles Shipping Resumes Following Temporary Halt In Turkey
Commercial shipping on Turkey's Dardanelles Strait resumed after a temporary halt due to heavy fog, according to the traffic authority.
The Directorate of...
COSCO SHIPPING Orders 6 New Energy Tankers
On December 29, COSCO SHIPPING Energy Transportation Co., Ltd. and its subsidiaries, COSCO Shipping Heavy Industry (Yangzhou) and Dalian COSCO Shipping Heavy Industry...
Rhode Island Shipwreck Confirmed As Captain Cook’s Long-Lost Endeavour
Residents of New England and those with British ties are engaged in a renewed debate over the identity of a shipwreck found off...
Unsettling Shifts in Global Crude Oil Shipping Trends
Shipping stakeholders are closely monitoring crude oil freight rates as the year concludes, evaluating the impact of geopolitical events on different ship size...
India’s Stalled Voyage: Challenges in the Maritime Value Chain
India has had a historical advantage in ship-owning and modern shipbuilding but there has been a shift in the narrative post-1980s, with China outpacing India...