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Panama Responds to Critics Highlighting Canceling Flag for Over 650 Vessels
The government of Panama issued a statement rejecting the claims of critics that its flag registry has failed to take…
Ageing fleet posing safety challenge for classification societies with calls for more scrapping
DNV Maritime boss points to geopolitics and good markets as vessels older than 20 years remain in service
Fewer headline-grabbing safety incidents a positive for DNV but streak risked by dark fleet
Norwegian classification society says dark fleet poses large-scale accident risk, as safety problems rise
Report India’s Adani Group Under Investigation for Violating Iran Sanctions
India’s Adani Group, which is one of the largest conglomerates and well-known for its port operations, is reportedly under investigation…
Baltic Index At Two-Month Peak On Higher Capesize Rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its…
Dry Bulk Shipping: A Niche Segment is Outperforming the Rest of Bulk Trades
Ship owners looking to gain a competitive advantage in trading their bulkers, could find such a case in a specific…
Nissen Kaiun inks order for product tanker newbuilding at HD Hyundai yard
Company now has three LR2 newbuildings on order with the shipbuilding giant