News
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Navigare Shipping seals deal for four mini-bulkers
Navigare Shipping & Logistics, a prominent operator based in the Faroe Islands, is set to enhance its operations with the…
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The floating dead: oversight lags behind the rise of zombie
A recent report from maritime analytics platform Kpler reveals that the phenomenon of “zombie vessels” has escalated into a significant…
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Vietnamese SAR Forces Rescue 10 Crewmembers After Bulker
In a dramatic rescue operation over the weekend, all ten crew members of the coal carrier Cong Thanh 07 were…
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PIL’s renaissance sees it top the operating margin charts
Pacific International Lines (PIL), a Singapore-based shipping company, has made a remarkable comeback, now leading the global container shipping industry…
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Mixed Trends in Secondhand Shipping Markets
Recent activity in the secondhand dry bulk and tanker markets has shown a blend of resilience and challenges, with specific…
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Freight Market Faces Decline Amid Weak Demand
The Baltic Dirty Tanker Index (BDTI) has seen a significant downturn, dropping 15% over the past month, effectively reversing the…
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ONE and Hapag-Lloyd line up more than 30 newbuild contracts
In a significant development for the shipping industry, Alphaliner reports that Ocean Network Express (ONE) and Hapag-Lloyd are on the…
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World’s largest port launches three European green corridor
The Ningbo-Zhoushan port in China, recognized as the world’s largest by cargo throughput, is spearheading efforts to establish green shipping…
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Maritime losses reach historic low amid rising geopolitical
Allianz’s latest Safety and Shipping Review issues a stark warning regarding the escalating risks to the global merchant fleet amid…
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MOL awarded – “WIPO” for National Invention Award 2025
Mitsui O.S.K. Lines, Ltd. (MOL) has been recognized for its groundbreaking invention of a height-adjustable rigid wing sail designed for…
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