SCFI Rises for Seven Consecutive Weeks, Four Major European and US Routes Post Weekly Gains Exceeding 10%
Ocean freight rates continue to climb.
CMA CGM Ventures Into a New Arena
Capital Clean Energy Carriers, led by Evangelos Marinakis, has officially confirmed the formation of a joint venture with CMA CGM.
Paying to Attract Ships? Hong Kong Marine Department Rolls Out Incentive Schemes with Subsidies Up to HK$180,000
The Hong Kong Marine Department announced on June 12 that it will launch two new incentive schemes for vessels using green marine fuels on June 16, with both schemes running for a three-year period.
Five Major Shipping Lines Are Swallowing Up the World's Ports
Five Major Shipping Lines Are Swallowing Up the World's Ports
36 Individuals Held Accountable Following Release of Investigation Report on the Fatal Capsizing of Fishing Vessel "Liao Sui Yu 35261"
36 Individuals Held Accountable Following Release of Investigation Report on the Fatal Capsizing of Fishing Vessel "Liao Sui Yu 35261"
115 Newbuilds in Three Months: Greek Shipowners Place Major Bets on the Future
Over the past three months, Greek shipowners have continued to invest heavily in newbuilding orders across all major shipping segments, with investment activity proving exceptionally robust.
Wuhu Shipyard Delivers Multipurpose Heavy-Lift Vessel
On June 10, Wuhu Shipyard formally delivered the third 14,600 dwt multipurpose heavy-lift vessel built for Germany's SAL Heavy Lift, which then departed the shipyard to commence its maiden voyage.