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Monjasa Redesigns Tankers

In a major development, the Global oil and shipping group Monjasa Ltd on Thursday (2 June) announced that they are following their acquisition of...

The Ocean Alliance’s Capacity Share on the Transpacific Increases To 39%

The Ocean Alliance has overtaken the 2M alliance, adding the market share lead on the Asia-Europe tradelane to its already dominant position on...

[Watch] How a Ship Sinks After a Torpedo Attack

A recently published article in the Sofrep deals with breaking of decomissioned ship and making it to sink with a torpedo attack. Ship breaks and...

No Return To Pre COVID19 Job Levels, 140m Jobs Affected: ILO

  According to a Reuters report, the International Labour Organization, ILO announced on Tuesday that the outlook for the global labour market in the second...

MPA Supported 50$m Investment for Singapore Maritime Startups

According to a Strait Times report, Enterprise Singapore (ESG) investment arm Seeds Capital, together with six appointed co-investment partners, will pump a combined $50...

MSC Cruises Takes Steps To Solve Carbon Conundrum

MSC Cruises is looking at a whole range of ship types for carbon reduction and zero-carbon ship design. MSC has a fleet of...

Will US Decouple from China?

  The author of this article Michael Collins feels that America is at a crossroads.  There is a need to stop dealing with China...

GoodBulk Acquires $200 Million for Fleet Refinancing

GoodBulk has come to an agreement with its banks to refinance its fleet. GoodBulk received credit committee approval from its banks for a...

DHT Holdings Updates Business Amid COVID-19

DHT Holdings, Inc. provides the following business update amid coronavirus outbreak, reads the company's press release Time Charters DHT Scandinavia has been significantly delayed discharging...

10 Super Reasons Why Stock Market is To Crumble Again

Over the subsequent 11 weeks following the March 23 bottom, the S&P 500 bounced more than 40% off of its lows and got...
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