LONDON: Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Oshima Shipbuilding Co., Ltd. for its multi-fuel-ready Ultramax bulk carrier design. The AiP covers a 64,000 dwt bulk carrier concept developed to accommodate
MUMBAI: The global shipping industry is entering 2026 firmly as a shipper-driven market, shaped by a widening supply–demand imbalance and easing freight rates, according to an industry outlook shared by Mr. Supal Shah, CEO
LONDON: “Between January and November 2025, the capacity of bulker newbuilding contracting has fallen 54% y/y to 25m DWT, reaching its lowest level since 2020. Consequently, the dry bulk orderbook is now 4% smaller
LONDON: In last week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the possible effect of fees from the Office of the United States Trade Representative (USTR) targeting
NELLORE: Adani Krishnapatnam Port Ltd. (AKPL) has achieved a double milestone in September 2025, reinforcing its status as one of India’s most efficient multipurpose ports. The port recorded a discharge of 61,500 MT of
ULSAN: Ulsan Port Authority (UPA) announced that it successfully completed Korea’s first methanol bunkering for a dual-fuel bulk carrier at Ulsan Port on September 28, 2025. This achievement follows Ulsan Port’s world-first successful methanol
LONDON: Inmarsat Maritime, a Viasat (NASDAQ: VSAT) company, together with distribution partner Station Satcom have secured an order to install NexusWave on a bulk carrier managed by Singapore-based Norse Ship Management as the ship
HATSINGIMARI : In a historic step towards the revival of Assam’s river-based trade and sustainable logistics, National Waterway-57 (River Kopili) was operationalised with the first-ever cargo trial run from the Govardhan Bridge in Chandrapur,
LONDON : Dry bulk carriers entered with INTERCARGO continue to demonstrate stronger performance than the global fleet average on safety and compliance, according to the Association’s latest Benchmarking Report. The report highlights meaningful differences