Shipping Industry
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Shipbuilding
Scale of blank sailings dwarfs covid era as US-China trade
The ongoing trade conflict between the United States and China is causing significant disruptions in global shipping. With U.S. tariffs…
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Decarbonization
Fortescue and CMB.TECH sign agreement for ammonia-powered
CMB.TECH NV has entered into a significant agreement with Fortescue to charter a groundbreaking ammonia-powered vessel, marking a pivotal step…
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Shipbuilding
Alberta seals first baby cape deal of the year
In a notable move within the shipping industry, Alberta Shipmanagement, led by Nicholas Inglessis, has completed its first purchase of…
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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
Stena unveils roro concept design
Stena Line has announced an ambitious new design for a roll-on/roll-off (roro) vessel, known as the Stena Futuro, which aims…
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Bulk Carrier
Prices for vintage capes rise
Prices for vintage capesize bulk carriers are experiencing a significant uptick, with spot rates soaring by approximately 300% in just…
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Shipbuilding
Nakilat begins construction of six vessels at HSHI shipyard
Doha, Qatar: Qatar Gas Transport Company, known as Nakilat, has reached a significant milestone with the steel cutting ceremony for…
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Classification News
China Classification Society UAE Committee 2025 Annual Conference Was Successfully Held
Zhang Yiming (middle front row), Chinese Ambassador to the UAE, takes a photo with the attending guests (photo by Wen Xinnian, a reporter from Xinhua…
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UN shipping body’s green fuels law could worsen the sector’s
The International Maritime Organization (IMO) is drafting plans that could significantly increase the use of biofuels in the shipping industry.…
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Shipbuilding
Value of global merchant fleet leaps by two-thirds in the
The shipping industry is experiencing a remarkable transformation in asset values. According to Clarksons Research, the total worth of the…
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