2023 has seen a much more cautious start for the dry bulk market than what we have experienced over the past 2 years. Cargo volumes have held up surprisingly well overall, but the net increase in tonnage supply has surpassed demand. While d

WISTA International, the leading organization empowering women in the maritime industry, is proud to announce the official ratification of its Committee chairs for the term 2023-2024. The endorsement was unanimously approved during todays E

BERGEN, Norway, May 23, 2023 ScanReach, a global leader in wireless connectivity at sea, is pleased to announce the permanent appointment of Sven Brooks as Chief Executive Officer, effective immediately. Sven brings with him a wealth of kno

Oslo and Paris, 23 May 2023.Marlink, the smart network and digital solutions company, will install the Starlink LEO service for Athens-based ship manager Polembros Shipping. A Marlink partner for many years, Polembros will extend its digita

Washington/Singapore/Brussels/London, 22 May 2023 The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industr

In their latest weekly insight for the shipping industry,Clarksons Researchhave profiledthe recovering activity levels in the cruise market. Steve Gordon , Managing Director of Clarksons Research, commented: The cruise industry was shipping

Capesize Overall it has been an active week for the capes, with a healthy volume of enquiry in the Pacific. The majors have been busy throughout the week from West Australia to China with iron ore, operators have been fixing, and there have

India and Pakistan routes continue to rise, and the composite index fluctuates steadily Ningbo Containerized Freight Index: In the week ending May-19, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quote

TOKYO, May 22, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group and Nihon Shipyard Co., Ltd., a Tokyo-based joint venture for ship design and sales between Imabari Shipbuilding Co., Ltd. and

As the maritime industry transitions to a low and zero-carbon future, African maritime players are being advised to implement new training infrastructure for seafarers to adapt to the ongoing continents green transition. Speakers at Unlocki

The International Association of Dry Cargo Shipowners (INTERCARGO) has reached an historic membership milestone. The Association now represents 32% of the global dry bulk fleet (total) DWT. INTERCARGO, which meets in Dubai this week for its

Shipping finance markets for the rest of 2023 look positive, with a depth of lenders, banks, leasing houses and alternative credit funds all seeking to grow their portfolios and offer the best terms to win projects. Competition between lend

On May 19, China MerchantsEnergy Shipping issued the Announcement of the Resolution of the 22nd Meeting of the Sixth Board of Directors. The announcement disclosed that the board of directors ofCMES agreed to build two new generation of ene

South Korea, a rival with China in global shipbuilding, recently issued a new round of initiatives to support its industry, including more government investment in new technologies, expanded foreign-worker programs and new financial support

Secretary for Transport and Logistics addressing last years ALMC The Secretary for Transport and Logistics Lam Sai-hung today (19 May), signed a Memorandum of Understanding with the Guangzhou Port Authority on maritime development, exchange