BDI still down 10% despite recovery in capesize demand : BIMCO
LONDON : “The Baltic Dry Index (BDI) has recovered since the start of November due to stronger capesize freight rates, but the index is still down 10% y/y.
Maritime Industry’s Green Future: KR’s latest Magazine reveals Key Decarbonization Insig
BUSAN : KR (Korean Register) has released insightful analysis of Carbon Intensity Indicator (CII) ratings across its fleet in the fall edition of KR Decarbonization Magazine, offering crucial
The Network of the Future: Maersk updates on the UK port of call
COPENHAGEN : Last month, Maersk reached out with an update on the Gemini Cooperation and the Network of the Future to confirm that they expect to phase in
China inaugurates massive $1.3 billion deep-water Port in Peru to boost trade
PERU : The President of China, Xi Jinping, inaugurated the Chancay port in Peru on November 14, 2024. The massive $1.3 billion deep-water port, built as part of
ZIM reports financial results for the third quarter of 2024; raises full year 2024 guidance
HAIFA : ZIM Integrated Shipping Services Ltd. a global container liner shipping company, announced its consolidated results for the three and nine months ended September 30, 2024. Third
Strategic Marine, Mirai Ships Inc., and Ragnar Energy Solutions sign MoU to Advance Shipbuilding Col
SINGAPORE : Strategic Marine Pte Ltd (“Strategic”), Mirai Ships Inc. (“Mirai”), and Ragnar Energy Solutions Pte Ltd (“RES”) are pleased to announce the signing of a Memorandum of Understanding (MOU) to establish a
Shipping industry leaders expect Hong Kong to play bigger role in sustainable future
HONG KONG : All eyes in the maritime-related industry are watching as the World Maritime Merchants Forum 2024 kicked off here on Monday to pool wisdom and consensus
Baltic Index falls as Panamax and Supramax segments log declines
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, pressured by weak rates across the
DNV and Seatrium collaborate to drive innovation and sustainable product development in the marine a
SINGAPORE : DNV has signed a Memorandum of Understanding (MoU) with Seatrium, a leading engineering solutions provider to the offshore and marine industries, to cooperate on strategic activities
Hong Kong – Sailing towards a greener tomorrow
HONG KONG SAR : Global business leaders, policymakers and innovators have dropped anchor in Asia’s world city for Hong Kong Maritime Week 2024 (HKMW) (November 17 – 23),