Shipping

Liner shipping firms make positive results

Container shipping market was expected to experience a glut of tonnage last 2024 with a flurry of deliveries of vessels ordered during the pandemic era. However, as geopolitical uncertainty increased, such as the prolongation of the Red..

News > Shipping > 2025-04-18 14:57:33

US decides port fees on China

The United States has finally unveiled long-awaited port fee plan on Chinese built and operated ships. According to industrial source, the US Trade Representative (USTR) decided on April 17 to impose US port entry fees on Chinese shi..

News > Shipping > 2025-04-18 11:48:35

V. to manage six LNG ready tankers

V., the global ship manager and marine services provider, has been awarded the full technical and crew management of six scrubber-fitted, dual-fuel (LNG) ready LR1 vessels by International Seaways, Inc. (INSW). The contract further s..

News > Shipping > 2025-04-17 09:12:21

HMM to initiate new container ship orders

HMM, the largest container shipping company in South Korea, is reportedly preparing to launch a project for ordering new vessels. According to industry sources, HMM plans to invest a total of $13.5 billion by 2030, with a focus on or..

News > Shipping > 2025-04-16 17:39:39

MSC hits 900 container ship milestone

Mediterranean Shipping Company (MSC) has become the first container liner company to possess a fleet of 900 ships. According to industry sources and TradeWinds, MSC hits the 900 container ships with the delivery of the 16,000-teu co..

News > Shipping > 2025-04-16 17:31:31

Wilson launches wind-assisted bulker

Wilson announced on April 15 that the Norwegian shipping company has deployed its bulker retrofitted wind-assisted propulsion for compatriot aluminum producer Hydro. The vessel’s name, Wilson Eyde, is a tribute to Sam Eyde &mda..

News > Shipping > 2025-04-16 10:06:30

NYK to merge three bulk units

NYK Group announced on April 14 that its three shipping and ship-management companies - namely, Asahi Shipping Co., Ltd., Hachiuma Steamship Co., Ltd., and Mitsubishi Ore Transport Co., Ltd. - will merge as part of a strategic business ..

News > Shipping > 2025-04-15 09:14:20

NYK Cruises takes delivery of 'ASUKA III'

NYK Cruises (Japan) announced that it took delivery of the ASUKA III, the new cruise ship, from MEYER WERFT on on April 10. On board the ship, Mr. Hiroyuki Endo, President of NYK Cruises celebrated the official handover of the ship with..

News > Shipping > 2025-04-14 09:28:15

IMO agrees to introduce 'carbon tax' on ships

The International Maritime Organization (IMO) has finally agreed to introduce the world's first ship carbon tax that compulsorily regulates the prevention of environmental pollution. According to Reuters and local sources, the IM..

News > Shipping > 2025-04-13 11:22:16

Shadow fleet out, new ship demands come

Shipbuilding industry focuses on demands for replacing older and non-normal tankers as seabourne crude trade structure is reorganized after the Russia-Ukraine war. An increase in new order intakes is expected as shadow fleet is highly l..

News > Shipping > 2025-04-11 16:47:33