Sector
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Ammonia Emerges as Future Fuel for Shipping
Recent research indicates that ammonia is poised to become the leading fuel choice for the shipping industry by the 2030s.…
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South Korea Launches Historic Arctic Shipping Trial
South Korea is set to make waves in Arctic shipping as it prepares for its inaugural container ship trial voyage…
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South Korea Launches Historic Arctic Shipping Initiative
South Korea is set to make a significant move in Arctic shipping by planning its first-ever container ship trial voyage…
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South Korea Launches Historic Arctic Shipping Trial
South Korea is set to make waves in Arctic shipping as it prepares for its inaugural container ship trial voyage…
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Safe Bulkers Declares Quarterly Dividends for Preferred Shares
Safe Bulkers, Inc., a prominent dry-bulk shipowner based in Limassol and listed on the New York Stock Exchange, has announced…
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Panama-flagged cargo ship refloated off Hualien
A Panama-flagged bulk carrier that ran aground off the coast of Hualien County on New Year’s Day has been successfully…
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Taiwan Rescues Crew from Tug Sent to Rescue Grounded Bulker
On January 1, 2023, the bulk carrier *CSE Prosperity Express* ran aground while approaching Hualien Port in Taiwan. The vessel,…
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Baltic Sea on High Alert Amid Sabotage Concerns
The Baltic Sea region is experiencing heightened tensions following a series of outages affecting power cables, telecom links, and gas…
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Safe Bulkers Declares $0.50 Quarterly Dividend
Safe Bulkers, Inc. has announced a quarterly cash dividend of $0.50 per share on its Series C and Series D…
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Capital Maritime Expands Fleet with Newbuilding Contracts in China
Greek shipowner Evangelos Marinakis is advancing his shipbuilding ambitions through Capital Maritime, which has recently secured a significant newbuilding contract…
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