INTERCARGO Bulk Carrier Casualty Report 2025: Safety gains continue but security threats emerge
LONDON : INTERCARGO, the International Association of Dry Cargo Shipowners, reports encouraging progress in bulk carrier safety, with vessel losses and fatalities continuing to decline over the last decade. However, serious security threats in
DNV and COSCO sign new class contract for methanol-ethanol ready KNOT shuttle tanker
OSLO : Classification society DNV has signed a new contract with Cosco Shipping Heavy Industry Zhoushan Shipyard (COSCO) during Nor-Shipping 2025 for the classification of a newly contracted methanol-ethanol ready Suezmax DP2 shuttle tanker
KR and SHI sign MOU to jointly develop 3-Cargo-Tank 174K LNG Carrier
OSLO : KR (Korean Register) signed a memorandum of understanding (MOU) with Samsung Heavy Industries (SHI) on June 4 at Nor-Shipping 2025 in Oslo to jointly develop a 174,000㎥ LNG carrier featuring three cargo
Sinokor expands crude oil transport, plans to sell half of bulk carrier fleet
SEOUL : The domestic shipping giant Sinokor Merchant Marine is reportedly pushing for the sale of half of its bulk carrier fleet that it currently operates. Analysts suggest this is in response to establishing
Samsara Shipping recognised as ‘Shipping Agency for highest liquid cargo traffic handled at JN Port during 2024-25’
NAVI MUMBAI : Samsara Shipping Private Limited has been awarded by the Jawaharlal Nehru Port Authority (JNPA) as ‘Shipping Agency for highest liquid cargo traffic handled at Jawaharlal Nehru Port in a year during
US Port fees on foreign ships to shake up trade flows, freight markets
NEW YORK : The US Trade Representative (USTR) has announced additional port fees on foreign vessels and marine equipment that mainly target Chinese shipping, which are set to alter trade flows and freight market
INTERCARGO meetings held in China with focus on safety and decarbonisation
GUANGZHOU : INTERCARGO, the International Association of Dry Cargo Shipowners, convened last week in Guangzhou for its semi-annual meetings, the first time the Association has held such an event in China. The meetings, hosted
Indian Govt. plans to spend $10 billion on homebuilt oil tanker fleet
NEW DELHI : Indian Government is planning to spend 850 billion rupees ($10 billion) to purchase 112 crude carriers through 2040, people familiar with the matter said, as the world’s third-biggest importer of oil