The merger of OSM Maritime Group and Thome Group has acquired official approval of competition authorities, announcing the establishment of a brand new shipping management company named OSM Thome on Monday. As the largest ship management me

CSSC Guangzhou Shipyard International held achristening ceremony on May 22 for VISTAs 110,000dwt LNGdual-fuel crude/producttanker. VISTA is a joint venture between Hafnia andCSSC Shipping in 2017. The ship named Hafnia Loire will be signed

The unveiling ceremony for the European arm of Shandong Port Group (SPG) as well as abusiness and investment promotional eventtook place on May 17 in Rotterdam, the Netherlands. SPG said the two events were aimed at strengtheningcollaborati

Washington/Singapore/Brussels/London, 22 May 2023 The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industr

In their latest weekly insight for the shipping industry,Clarksons Researchhave profiledthe recovering activity levels in the cruise market. Steve Gordon , Managing Director of Clarksons Research, commented: The cruise industry was shipping

Capesize Overall it has been an active week for the capes, with a healthy volume of enquiry in the Pacific. The majors have been busy throughout the week from West Australia to China with iron ore, operators have been fixing, and there have

Ubuntu Humanity, a 190K DWT dual fuel bulk carrier built by SWS for Anglo American was delivered successfully on May 18th, which is the 9th vessel SWS delivered in 2023. Ubuntu Humanity is the second 190K DWT dual fuel bulk carrier built fo

India and Pakistan routes continue to rise, and the composite index fluctuates steadily Ningbo Containerized Freight Index: In the week ending May-19, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quote

TOKYO, May 22, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group and Nihon Shipyard Co., Ltd., a Tokyo-based joint venture for ship design and sales between Imabari Shipbuilding Co., Ltd. and

As the maritime industry transitions to a low and zero-carbon future, African maritime players are being advised to implement new training infrastructure for seafarers to adapt to the ongoing continents green transition. Speakers at Unlocki

The International Association of Dry Cargo Shipowners (INTERCARGO) has reached an historic membership milestone. The Association now represents 32% of the global dry bulk fleet (total) DWT. INTERCARGO, which meets in Dubai this week for its

On May 22,HudongZhonghuaShipbuildingin collaboration with China ShipbuildingTrading, successfully named and delivered the worlds largest 24,000 TEUultra large container shipMSC GEMMA, builtforICBCLeasingandMSC. MSC GEMMA is independently de

Shipping finance markets for the rest of 2023 look positive, with a depth of lenders, banks, leasing houses and alternative credit funds all seeking to grow their portfolios and offer the best terms to win projects. Competition between lend

On May 19, China MerchantsEnergy Shipping issued the Announcement of the Resolution of the 22nd Meeting of the Sixth Board of Directors. The announcement disclosed that the board of directors ofCMES agreed to build two new generation of ene

South Korea, a rival with China in global shipbuilding, recently issued a new round of initiatives to support its industry, including more government investment in new technologies, expanded foreign-worker programs and new financial support