Strong Atlantic Demand Drives Capesize, Panamax, and Supramax Rates
The dry bulk market is characterized by a strong, firming Atlantic basin across the Capesize, Panamax, and Supramax segments, while the Pacific market shows...
VLCC and Suezmax Segments Signal Robust Trend as Atlantic Pulls Vessels from Middle East...
The crude tanker market is currently exhibiting firming sentiment and tightening tonnage across the major segments, signaling a robust trend toward year-end.
VLCC Market
The VLCC...
Pipavav Shipyard to Build Six High-Spec Ice-Class Tankers for Norway’s Rederiet Stenersen
India's Swan Defence and Heavy Industries (SDHI) has signed a Letter of Intent (LOI) with the Norwegian operator Rederiet Stenersen AS for the construction...
NSW Ports Achieves Net Zero Scope 1 And 2 Emissions
NSW Ports has successfully achieved Net Zero Scope 1 and 2 greenhouse gas emissions for its direct operations, marking a significant sustainability milestone. This...
Greek Shipowner Conbulk Orders Two 5,000 TEU Container Ships From Chinese Yard
In a move that reflects the growing global confidence in Chinese shipbuilding, Greek shipping company Conbulk, owned by Dimitris Dalakouras, has confirmed new ship...
John McDonald Appointed Chairman And CEO Of ABS, Effective January 2026
The American Bureau of Shipping (ABS) has announced that its Board of Directors has elected John McDonald as the next Chairman and Chief Executive...
Lloyd’s Register Approves BAR Technologies’ WindWings® Power Calculation Methodology
In a significant step toward sustainable maritime innovation, Lloyd’s Register (LR) has independently reviewed and approved BAR Technologies’ P-Wind calculation method. This methodology determines...
October Sees Strong Recovery in India’s Bunker Fuel Demand
Demand for bunker fuels at India's west coast ports of Mumbai, Kandla and Kochi increased in October, driven by strong supply availability from domestic...
Maersk Announces Relief Package Following Hurricane Melissa
Global shipping and logistics giant Maersk has announced a relief package for its customers in Jamaica following the disruption caused by Hurricane Melissa, reports...
Canada and EU Advance Transatlantic and Maritime Cooperation at Niagara Meeting
Canada’s Minister of Foreign Affairs Anita Anand and the European Union’s High Representative for Foreign Affairs and Security Policy Kaja Kallas met in Niagara...
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