SINGAPORE : Following Strategic Marine’s successful entry into Korea’s offshore windfarm market earlier this year, the Singapore headquartered shipbuilder has signed a new contract with Yeosu Ocean Co., Ltd. for the construction of a
PANAMA CITY : Panama has reached a historic milestone, registering 358 newly built ships to date, representing over 8.5 million Gross Tonnage (GT). This achievement reaffirms Panama’s status as the world leader in ship
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a near three-week low on Wednesday, pulled down by weaker capesize and panamax
LONDON : The shipping industry is contending with a worldwide shortage of seafarers, and it’s fueling a troubling mix of fake resumes, accidents at sea, and elevated freight rates. “We have been seeing a
DENMARK : Danish tanker and bulker owner Norden has clinched an agreement with Mark Zuckerberg’s Meta to use sustainable maritime fuels in its supply chain. The operator said the owner of Facebook has signed
BEIJING : The second China International Supply Chain Expo (CISCE), the world’s first national-level exhibition focused on supply chains, opened on Tuesday in Beijing. The expo provides a comprehensive platform for business matchmaking and
STOCKHOLM : Sweden is asking a Chinese vessel Yi Peng 3 to return to Swedish waters to help facilitate an investigation into recent breaches of undersea fibre-optic cables in the Baltic Sea, Prime Minister
CAIRO : At least 17 people are missing after a tourist yacht ‘Sea Story‘ sank in the Red Sea near Cairo following warnings about rough seas, Egyptian officials said Monday. The governor of the
TOKYO : ClassNK has granted its Innovation Endorsement for Products & Solutions to ROV training simulator ‘FF Virtual’ developed by FINDi Co., Ltd. In order to promote the spread and development of innovative technologies,
HAMBURG : Hapag Lloyd announced that from January 2025 the weekly service will have a rotation change with an extended port coverage in Asia and Europe, in the China Germany Express (CGX) Service. The