Yang Ming Posts US$153 Million Profit in Q2 2025 Despite Market Pressures
Yang Ming posted Q2 2025 revenue of US$1.21 billion and net profit of US$153.09 million.
First-half revenue reached US$2.4 billion, with profit totaling...
Port Canaveral Fuels Future of Cruising with Star of the Seas’ First LNG Bunkering
Port Canaveral has marked a major milestone by hosting the first-ever liquefied natural gas (LNG) bunkering for Royal Caribbean International's newest and largest cruise...
Old Tankers, New Demand: Crude Tanker Market Stays Strong Despite Dip in Sales
Despite a slight dip in overall tanker sale and purchase (S&P) volume this year, the market for older crude tankers, particularly VLCCs and Aframaxes,...
HMM Moves Ahead with Bulk Carrier Expansion Under 2030 Growth Plan
HMM’s acquisition of SK Shipping collapsed due to valuation differences, leaving the carrier to pursue fleet growth through new orders, chartering, and second-hand...
Capesize Remains Stable, While Panamax and Supramax Experience Regional Swings
The dry bulk shipping market saw a mixed performance this week, with some segments remaining stable while others experienced distinct shifts in rates and...
Suezmax and Aframax Rates See Significant Swings, VLCCs Remain Stable
The tanker shipping market has seen mixed movements across different vessel sizes and routes this week. While VLCC rates remained largely stable, the Suezmax...
ADNOC L&S Expands Fleet with Delivery of First Very Large Ethane Carrier
AW Shipping, a joint venture of ADNOC L&S and Wanhua Chemical Group, has received Gas Yongjiang, the first of nine advanced Very Large...
Time Capsules of the Deep: More Than 30 Shipwrecks Found in Germany’s Lake Constance
More than 30 shipwrecks have been found hidden at the bottom of Germany's Lake Constance. The discovery was announced by officials this week and...
Wet Damage and Moisture Ingress Leads to Cargo Loss
A report from the Swedish Club reveals a significant challenge in bulk grain shipping—wet damage is a leading cause of cargo loss, resulting from...
Panama Canal Marks 111 Years as a Global Trade Icon
The Panama Canal has officially turned 111 years old, commemorating more than a century as one of the world’s most important maritime corridors. Since...
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APLICATIONS
2023’s Top Stories In Ballast Water Treatment Technology
Riviera Maritime looks back over the most read stories from the year to revisit the topics that were revealed as key issues in the...
