K Shipbuilding Up for Sale After Turnaround, But Foreign Bidders Unwelcome
KHI Investment and UAMCO to sell 99.58% stake in K Shipbuilding
Seller avoids foreign PE firms, sees shipbuilder as strategic national asset
Company...
Greek Tanker Operators Boost Vessel Defences After Series of Explosive Attacks
At least six tankers damaged in recent months, many linked to Russian oil trade
Greek-owned ships especially affected; operators enhance vessel security
Sabotage...
Newbuilding Orders Slow Sharply in H1 2025 Amid High Prices and Market Uncertainty
New ship orders across dry bulk, tankers, and gas carriers fall significantly in H1 2025.
High asset prices, regulatory ambiguity, and weak freight...
Tariffs Tensions and Tonnemiles Drive Resilient H1 for VLCC Freight
VLCC earnings improve in early 2025 due to supply shifts, geopolitical risks, and long-haul demand from China and Brazil.
Trade re-routing and reduced...
Capesize Weakness Drives Baltic Dry Index Down 28% Amid Chinese Import Slowdown
The Baltic Dry Index (BDI) has dropped significantly in recent weeks, signaling a tough environment for dry bulk shipping. Falling by 28% since mid-June,...
Sharp Rise In Groundings And Injuries As Norway Reports 589 Maritime Incidents In H1...
The Norwegian Maritime Authority has released its Accident Status Report for the first half of 2025, highlighting a notable increase in serious maritime incidents.
Between...
Mounting Criticism Over Hazardous Shipbreaking Practices And Lack Of Oversight In Turkey
Concerns are intensifying over environmental and labor safety violations in Turkey’s ship recycling sector, as a series of recent events have reignited calls for...
Panama Strengthens Seafarer Protection And Maritime Cooperation At IMO Visit
During a recent official visit to the headquarters of the International Maritime Organization (IMO), Panama reaffirmed its strong commitment to seafarers' rights, highlighting key...
GTT Leads Development Of Next-Generation 200,000 m³ LNG Carrier
In a major move toward decarbonising maritime transport, GTT has launched a Joint Development Project with seven industry leaders to design a next-generation LNG...
Hapag-Lloyd Orders Milestone 1,000th Dual-Fuel ME-GI Engine From Everllence
Hapag-Lloyd has marked a major industry milestone with the order of the 1,000th B&W ME-GI dual-fuel engine, reaffirming its commitment to sustainable shipping.
The commemorative...
- Advertisement -
APLICATIONS
Dry Bulk Market Remains Under Pressure
The Supramax market in the Continent and Baltic regions experienced a downturn during the week of January 20-27, with a lack of activity driving...
