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Capesize Collapse and Looming Iron Ore Oversupply Signal Tougher Times Ahead
The global dry bulk shipping market is currently experiencing a downturn, primarily due to a sharp and unexpected collapse in Capesize rates in the...
Dryad Global Report Details Complex and Shifting Maritime Security Risks Across...
Dryad Global's latest Maritime Intelligence Brief confirms that the global maritime landscape remains highly volatile, driven by ongoing geopolitical tensions and regional instabilities. The...
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TRAVEL GUIDE
Damen Bags Triple Cargo Ship Deal from Turkey’s Feyz Group
Damen Shipyards and Turkey’s Feyz Group have signed a contract for the delivery of three new Damen Combi Freighters 3850, with the vessels set...
Chinese ECA: 0.50% Sulphur Requirements on Shore for Marine Fuel
China further strengthens the requirements covering emissions of air pollutants from ships operating within its three domestic emission control areas (ECAs). From 1 October...
PHONES & DEVICES
Hanwha Ocean Expands Fleet with Five New Vessel Orders
Hanwha Shipping transitions from a test platform to a full-fledged U.S.-based shipping operator.
The company has placed five vessel orders, including VLCCs and...
Houthi Attacks Raise Insurance Costs, but Shipping Traffic Holds Steady
War risk insurance premiums for Red Sea transits have more than doubled following fatal Houthi attacks on Greek vessels.
Despite the spike in...
LATEST TRENDS
MPA Investigates Two Singapore VLSFO Contamination Cases
Nithin Chandran writes for Engine on how MPA investigates two alleged VLSFO contamination incidents in Singapore.
Marine fuel testing firm VPS
The port authority has...
Kamsarmax Fleet Hits the 100m dwt Milestone
The kamsarmax fleet has hit the 100m dwt milestone capacity and stretches away from panamax, reports Splash 247.
Kamsarmax a strong start
According to Braemar ACM...
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Hanwha Ocean Expands Fleet with Five New Vessel Orders
Hanwha Shipping transitions from a test platform to a full-fledged U.S.-based shipping operator.
The company has placed five vessel orders, including VLCCs and...