global shipping industry
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Decarbonization
Shipping Sector Delays Net-Zero Emissions Framework
The global shipping industry faced a significant setback last Friday as the International Maritime Organization (IMO) adjourned its Extraordinary Session…
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Bulk Carrier
HMM signs $309 mil. shipping deal with Brazil’s Vale
HMM, South Korea’s leading shipping company, announced on Friday that it has finalized a significant transportation agreement worth 430 billion…
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Shipbuilding
COSCO celebrates landmark green ammonia bunkering operation
In a groundbreaking development for the shipping industry, Sinobunker, a subsidiary of COSCO, has successfully conducted the world’s first green…
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Shipbuilding
Castor seals $14.6m leaseback for kamsarmax bulker
Cyprus-based shipping company Castor Maritime has successfully completed a sale and leaseback agreement for its kamsarmax vessel, the Magic Thunder.…
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Bulk Carrier
OPINION: Diaz – The future of shipping, charting a new
The global shipping industry, a cornerstone of international trade, is at a pivotal moment as it grapples with technological advancements,…
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Bulk Carrier
China ship sales collapse as industry sweats over US ports
The shipping sector is experiencing a significant slowdown in the purchase of dry bulk carriers built in China, as companies…
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Shipbuilding
Maersk explores ship recycling in Egypt
Maersk has entered into a memorandum of understanding with the Egyptian government to establish a green ship recycling facility in…
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Bulk Carrier
BSC to buy 6 ships for $330m to build container fleet
The Bangladesh Shipping Corporation (BSC) is set to make a significant move by purchasing six modern container ships from South…
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Shipbuilding
S. Korean shipbuilders to benefit as steam turbine LNG
The shipping industry is going through big changes. Older liquefied natural gas (LNG) ships, powered by steam turbines, are being…
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News
NYK Holds DX Festival 2024
NYK DX Festival 2024: How Digital Transformation is Shaping Future Strategies NYK, a well-known Japanese shipping company, recently hosted its…
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