Lloyd’s Register issues first roadmap for nuclear-powered shipping
British class society Lloyd’s Register (LR) has published new guidance on the use of nuclear energy in commercial shipping, offering what it calls the first c...
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10,876 articlesPacific Basin shifting half of bulker fleet to Singapore to limit US port fee exposure
Hong Kong-listed Pacific Basin Shipping is moving half of its bulker fleet to Singapore and reflagging vessels under its Singapore entity to reduce exposure to ...
BIMCO, Hong Kong Chamber of Shipping sign strategic MoU
BIMCO and the Hong Kong Chamber of Shipping have signed a strategic Memorandum of Understanding (MoU) on 8 October, marking a new chapter in maritime collaborat...
Baltic Exchange charts new routes for Canadian crude trade
The Baltic Exchange has expanded its tanker benchmark portfolio with two new aframax routes reflecting the rise of Canadian crude exports to Asia and growing ge...
Orkim expands tanker fleet with largest vessel yet
Malaysian tanker owner and operator Orkim has expanded its fleet with its largest vessel to date.The company recently took delivery of the 49,999 dwt MR tanker ...
Diana Shipping scores bumper rate with new SwissMarine cape charter
Greek owner Diana Shipping has secured a strong fixture with SwissMarine for one of its capesize bulkers, locking in a daily rate well above its previous employ...
Behind India’s strategic shipbuilding transition
India’s shipbuilding ambitions reflect a calculated geopolitical strategy rather than mere industrial expansion.Currently holding less than 1% of global marke...
Phoenix Shipping Wuhan plots $60m bulker fleet expansion
China’s Phoenix Shipping (Wuhan) has revealed plans to invest up to $60m to expand and modernise its dry bulk fleet.The Shenzhen Stock Exchange-listed outfit ...
Peninsula and University of Gibraltar launch high-tech maritime simulation suite
Peninsula and the University of Gibraltar are strengthening their strategic partnership to train the next generation of seafarers. Building on a Memorandum of U...
HMM places $2.8bn newbuilding order
HMM has confirmed boxship orders covered by Splash last week, as well as revealing it has signed contracts for a pair of VLCC newbuilds. South Korea’s flagshi...
DHL commits €300 million to boost african trade
DHL Group will invest over €300 million in Sub-Saharan Africa to boost trade and logistics. The investment covers DHL Express, Global Forwarding, and Suppl...
Brullo Group adds second advanced tanker from China
The Italian Brullo Group is accelerating its fleet expansion with the purchase of a second high-tech chemical/oil tanker. Less than seven months after receiving...