Shipping Industry
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Bulk Carrier
Odesa Firm Acquires Ship Amid War Challenges
An Odesa-based shipping company has made a significant move by acquiring its first vessel since the onset of the Ukraine…
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Shipbuilding
Erasmus Shipinvest makes capesize debut
Erasmus Shipinvest Group has made a significant move into the capesize shipping segment by acquiring its largest vessel to date.…
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Shipbuilding
Global Container Shipping Faces Empty Crisis
Recent analysis by Danish consultancy Sea-Intelligence reveals a concerning trend in global container shipping: 41% of container transport currently consists…
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Container
ABS Approves South Korean 16,000 TEU Electric-Powered Boxship Design
ABS has officially approved a pioneering concept for a 16,000 TEU electric-powered container ship, developed by HD Korea Shipbuilding &…
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Container
Shipping Association Strongly Opposes POSCO’s HMM Acquisition
The Korea Shipowners’ Association has raised serious alarms over POSCO Group’s plans to acquire HMM, a major player in the…
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Shipbuilding
Shipping’s fuel transition hits a supply-side reality check
According to the latest Maritime Forecast report from DNV, the number of alternative-fuel ships on order is nearly equal to…
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Shipbuilding
Lepta Shipping books more LPG newbuilds in China
In a significant move to bolster its fleet, Japan’s Lepta Shipping has contracted two midsize LPG carriers from Yangzijiang Shipbuilding.…
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Shipbuilding
Safety, shipping and capital markets
Recent findings from Allianz’s annual safety and maritime review for 2024 reveal a significant decline in total losses within the…
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Shipbuilding
Japan unveils world’s first commercial ammonia-powered ship engine
Japan Engine Corporation (J-ENG) has made a significant breakthrough in the shipping industry by successfully testing the world’s first full-scale…
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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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