Precious Shipping continues its fleet renewal by purchasing two ultramax newbuilds under construction at Jiangsu Yangzi-Mitsui Shipbuilding. Delivery is slated for January 2026.
Maersk is preparing to restart its Red Sea route through the Suez Canal, contingent on improved conditions, said CEO Vincent Clerc. In a statement from the Suez Canal Authority, it
The European Commission has begun legal action against Portugal over failures to meet maritime security obligations, warning that incomplete enforcement could expose ships and ports to serious unlawful threats.
China has delivered Zhanjiang Bay No.1, the first DP aquaculture vessel integrating cage systems, intelligent farming processes, and green power technologies for deep-sea marine cultivation.
The Swedish Club confirmed a 5% General Increase for P&I and FD&D for 2026/2027, highlighting its continued focus on financial resilience and maintaining premium adequacy.
UK forces monitored two Russian vessels in the English Channel while NATO partners and RAF units coordinated broader regional surveillance amid rising Russian naval movements.
The Korean Register (KR) has launched two digital platforms, PILOT and POWER, developed to support shipowners as they navigate tightening greenhouse gas (GHG) requirements and seek practical, data-based pathways to
Diana Shipping has formalised its cash bid to purchase all remaining shares of Genco Shipping & Trading, reinforcing ongoing consolidation trends across the dry bulk fleet sector.
Wärtsilä will supply a full hybrid propulsion package for Aasen Shipping’s latest bulk carrier, reinforcing the shipowner’s strategy to cut emissions and enhance energy efficiency across its fleet.
