Sector
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Dry Bulk Carrier Earnings Decline in 2025
Earnings for dry bulk carriers are projected to lag behind 2024 levels across all vessel classes, despite a robust performance…
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Capital-Executive Ship Management Corp. Partners with SPV Axis Maritime Corp.
Capital-Executive Ship Management Corp. has announced a strategic cooperation agreement with SPV Axis Maritime Corp. This partnership aims to enhance…
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Bangladesh Shipping Corporation Set to Repay Tk203 Crore
The Bangladesh Shipping Corporation (BSC) is gearing up to repay Tk203 crore, which includes Tk187 crore for ship procurement loans…
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Admiralty Court Rules Against Shipowner in Major Claim
The Admiralty Court in London has ruled against Unity Ship Group, denying its claim for approximately USD 1.27 million from…
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Bangladesh Shipping Corporation Set to Repay Tk203 Crore Amid Record Profits
On January 14, 2026, the Bangladesh Shipping Corporation (BSC) will repay Tk203 crore to the government, which includes Tk187 crore…
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Venezuelan Tankers Return Amid U.S. Oil Seizures
In a significant development, four tankers that departed Venezuela in early January have returned to the country’s waters, reportedly loaded…
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South Korea Launches Innovative Wing Sail Testing
South Korea is making strides in maritime technology with the launch of its first domestically developed wing sail for wind-assisted…
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IFSCA Seeks Exemption for Foreign Vessel Licensing in Coastal Shipping
MUMBAI: The International Financial Services Centres Authority (IFSCA) is advocating for a significant change in the licensing requirements for foreign…
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Wind-Powered Shipping: A Sustainable Future
Modern sails are making a comeback in commercial shipping, particularly for bulk carriers and oil tankers, according to Andrew Dickson,…
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New IMO Amendments Set to Enhance Maritime Safety and Training by 2026
A comprehensive set of amendments to key International Maritime Organization (IMO) treaties and codes will come into effect on January…
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