global shipping industry
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Bulk Carrier
Nuclear Power Set to Transform Commercial Shipping
The Norwegian University of Science and Technology is spearheading the Nuclear Propulsion in Merchant Shipping (NuProShip II) project, which aims…
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Shipbuilding
Bruton Expands VLCC Fleet with New Orders at New Times Shipyard
Oslo-listed shipping company Bruton, backed by Tor Olav Trøim, has announced the exercise of options for two additional Very Large…
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Shipbuilding
Metrostar Management Re-enters Container Shipping
Metrostar Management Corp, a Greek tanker company led by Theodore Angelopoulos, has made a significant move back into the container…
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Shipbuilding
Maersk Resumes Red Sea Route Amid Security Concerns
In a pivotal move, Danish shipping giant Maersk has announced the rerouting of its Middle East-India-US east coast MECL service…
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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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