Shipping
Pacific Basin announces stable financial results in unusually flat freight market
(Posted on 03/03/25)Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, has announced the results of the Company and its subsidiaries for the year ended 31 December 2024.Pacific Basin is one of the world’s leading owners and operators of modern Handysize and Supramax dry bulk vessels. . The Company operates...
Bridging the gap between industry, academics, and technology in maritime
(Posted on 02/03/25)The city of Dehradun is set to make history with AAROHAN - International Maritime Conference 2025, the first-ever maritime event in Uttarakhand, India. Scheduled for 22 March, this groundbreaking conference is more than just a gathering—it is a movement to bridge the gap between industry and academia, fostering a deeper integration...
Veson Nautical: Bulker fleet heading for two-tier market
(Posted on 01/03/25)The global bulker fleet is facing a significant slowdown, driven by a combination of factors that are not only causing a decline in average speeds, but also setting the stage for the emergence of a two-tier market according to Veson Nautical, a global leader in maritime data and freight management solutions.A new report: ‘...
MOL signs MoU with SMT Shipping for joint study of DRI transportation
(Posted on 28/02/25)Mitsui O.S.K. Lines, Ltd. has announced the signing of a memorandum of understanding (MoU) for the joint study of ocean transportation of Direct Reduced Iron – feed stock for steelmaking, which can be used in electric arc furnaces and blast furnaces – with SMT Shipping (Cyprus) Ltd. SMT Shipping is a global maritime...
Tomini Bulker crew recues survivors from distressed boat in Mediterranean
(Posted on 28/02/25)Tomini Levant, a vessel owned and operated by Tomini Group, successfully conducted a crucial search and rescue (SAR) operation in the Mediterranean Sea, saving multiple survivors from an overturned motorboat off the coast of Algeria. This operation, executed in close coordination with the Algerian Coast Guard and Spanish rescue...
Danica partners with Blu Maritime for onboard healthy food management
(Posted on 28/02/25)As a leading crew supplier, Danica places a high importance on the welfare of our seafarers. We’re thrilled to announce a new partnership between Danica Crewing Specialists and BLU Maritime Consultancy (BMC), experts in sustainable provision management and catering solutions for crew onboard vessels.This collaboration brings...
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