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Capesize Strong for Forward Dates Amid Softening Panamax and Supramax Markets
The dry bulk shipping market segments reveal a mixed but generally softening trend, with Panamax and Supramax facing downward pressure, while Capesize shows healthy...
Second Officer Found Dead Aboard a Car Carrier
On November 12, the ship officer of a vessel was reportedly found dead in his cabin with a bloody head.
What happened?
The police officials in...
Inmarsat Sets New Pricing Plan for Fleet One
Inmarsat Maritime has launched a new fishing pricing plan for the Pacific North West which will make it easier and more economical for regional...
Maritime Leaders Divided on Feasibility of IMO’s Net-Zero Target
The SMM Maritime Industry Report (MIR) 2025 indicates a dual reality for the global shipping sector: a strong practical commitment to sustainability driven by...
New Viking Vesta Floats Out In Ancona
“Viking Vesta”, the newest cruise ship which Fincantieri is building for the shipowner Viking, has been floated out at the shipyard in Ancona, reads...
Relaxing Covid Laws And Welcoming Tourists
Indonesia's resort island of Bali on Monday welcomed its first foreign tourists under relaxed coronavirus rules that no longer require arrivals to quarantine.
...
AD Ports, CMA CGM Sign $115M Expansion Plan for Khalifa Terminal
AD Ports Group has signed a significant agreement with the CMA CGM Group to expand their jointly operated container terminal at Khalifa Port.
The move...
Product Tanker Ran Aground Off Turkey
On June 5, a product tanker KOLIN 7, which was deployed for waste collection, ran aground near Bozcaada, Turkey. People on the Kepez coast...
Hogan Lovells and WFW Advise on US$1.5bn+ Hapag-Lloyd Green Ship Financings
Hogan Lovells and Watson Farley & Williams advised on three green ship financing deals totaling over $1.5 billion.
The financing supports Hapag-Lloyd’s order...
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The Evolution Of Covid-19 Conversation In The Media
Vaccinated America is learning how to live with mostly mild flare-ups of the Covid-19 virus.
Unvaccinated people who don't watch or believe the...
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[Podcast] Shipbuilding Market Outlook H2 2024
A return in ordering for tankers, shipyard expansion, and increasing production by Chinese shipbuilders are all signs of a buoyant shipbuilding market in 2024,...
HD Hyundai to Revive Shipbuilding in Subic with $550 Million Investment
200-hectare lease from Agila Subic secured for 10 years.
$550 million investment planned over the next decade.
Production target set at 10 ships...
June 2023 FBX Index: Stable with Risk
Seasonal expectations
In May, spot freight rates on key trade routes from Asia to Europe and North America aligned with seasonal expectations. However, North Europe...
