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...
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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 ...
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...
Why China decided to impose sanctions on Korean shipyard firm?
China’s recent sanctions against Hanwha Ocean’s US-linked affiliates represent a calculated geopolitical signal rather than an economic weapon.The post Why ...
Bahri seals 10-year VLCC deal with South Korea’s S-Oil
Saudi Arabian shipping giant Bahri has renewed its long-term contract of affreightment (COA) with South Korean refiner S-Oil, extending a partnership that has b...
Tanker blaze kills 10 workers at Batam yard
At least ten people were killed and 21 others injured when an oil tanker caught fire early Wednesday while undergoing repairs at a shipyard in Indonesia’s Ria...
US and Saudi lead move to sink IMO’s Net-Zero Framework
The United States and Saudi Arabia have launched a coordinated push to stall and potentially derail the International Maritime Organization’s (IMO) Net-Zero F...