Japan
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Shipbuilding
Oil surplus drives tanker demand
As President Donald Trump seeks to resolve the ongoing conflict in Ukraine, oil markets are grappling with heightened geopolitical risks…
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Shipbuilding
Shipping Industry Faces Turbulent Waters Ahead
The global shipping industry is grappling with significant challenges as freight volumes and earnings decline. Eli Glickman, CEO of ZIM,…
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Shipbuilding
Chinese Demand Shifts Shipping Earnings in August
In August, the shipping market witnessed notable fluctuations, largely driven by Chinese demand for commodities. While Chinese buyers continued to…
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Shipbuilding
How a ship that glides like a pelican could change travel and defense
NORTH KINGSTOWN, R.I. (AP) — The innovative Paladin, a winged passenger ferry developed by Regent Craft, is set to transform…
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Shipbuilding
MOL and Itochu ink deal for Singapore ammonia bunkering demo
In a groundbreaking move, Mitsui OSK Lines (MOL) has entered into a joint development agreement with trading giant Itochu Corporation…
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Shipbuilding
South Korea’s KOMEA offers to jointly modernise an Indian shipyard for building small sized ships
The Korea Marine Equipment Association (KOMEA) has put forth a proposal to modernize an Indian shipyard, aiming to enhance the…
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Shipbuilding
New Greek player Carlova Maritime signs up for VLCC newbuild
Athens-based Carlova Maritime has made a significant move in the shipping industry by placing its first newbuilding order for a…
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Shipbuilding
Oversupply forecast to haunt liner markets into 2029
According to a recent report from the consultancy Linerlytica, the container shipping industry is bracing for a significant supply and…
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Bulk Carrier
Japan’s NYK focuses on LNG, ammonia in marine energy
NYK Group, a leading Japanese shipping conglomerate, is taking significant steps towards decarbonizing its operations by transitioning to alternative fuels.…
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Shipbuilding
MOL, NYK and K Line join forces to build seafarer training
In a significant effort to bolster maritime education, Japan’s leading shipowners—Mitsui OSK Lines (MOL), NYK Line, and K Line—have announced…
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