Sector
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S&P markets offering asset players ‘mouth-watering’ returns
This year might see a record in ships changing hands, with owners paying huge sums for secondhand vessels. Dry bulk…
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World Container Index – 01 Aug
Drewry’s World Container Index decreased 1% to $5,736 per 40ft container this week. Detailed assessment for Thursday, 01 August 2024…
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MSC contacts defunct Rongsheng shipyard for its next wave of boxship orders
Global shipbuilding capacity is set to grow by 1% with the reactivation of a prominent shipyard from the past shipping…
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UK Chamber joins forces on a long-term plan to decarbonise shipping
The UK Chamber of Shipping and seven other maritime trade bodies have written to maritime minister Mike Kane (pictured) to…
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Third ship spills oil in same area of the Philippines
Authorities in the Philippines have attended to another distressed vessel in Bataan, west of Manila, marking the third ship accident…
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Regulations and shipowner experience driving wind power adoption
Demand for wind-assisted propulsion is rising as systems prove effective and emissions regulations increase their commercial viability. More shipowners are…
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Panama Canal rolls out new booking system for large vessels
The Panama Canal has introduced a new Long-Term Slot Allocation (LoTSA) Method for Neo-Panamax vessels to enhance transit certainty and…
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MOL Issues Integrated ‘MOL REPORT 2024’
Mitsui O.S.K. Lines, Ltd. (MOL), under the leadership of President & CEO Takeshi Hashimoto, has recently unveiled its “MOL Report…
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Fincantieri Strengthens Ties with Indonesian Navy in Strategic Meeting
In a significant move to bolster maritime collaboration, Dario Deste, General Manager of the Naval Vessels Division from Fincantieri today…
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Grounding Incident Report: Channel Queen’s Loss Near the Needles, Isle of Wight
Today, we have released our accident investigation report on the grounding and loss of the motor vessel Channel Queen. The…
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