BIMCO: Dry bulk supply/demand balance set to weaken
It’s not just container shipping that’s feeling the tariffs pain. BIMCO has released its April 2025 Dry Bulk Shipping Market Overview & Outlook — and the outlook part is not rosy. Tariff
Shipping
CMB.TECH and Golden Ocean merger will create 250 ship behemoth
CMB.TECH NV [NYSE: CMBT] and Golden Ocean Group Limited [NASDAQ: GOGL] are set to merge, creating one of the largest diversified listed maritime groups in the world with a combined fleet of
Agreement reached on new global minimum wage for seafarers
The International Labor Organization (ILO) has concluded the latest round of minimum wage negotiations for able seafarers at a meeting of the Subcommittee on Wages of Seafarers of ILO’s Joint Maritime Commission
Wiernicki: What IMO does next will decide shipping’s decarbonization success
The IMO (International Maritime Organization) 2023 strategy on the reduction of GHG emissions from ships calls for shipping to reach net-zero GHG emissions by or around, i.e. close to, 2050. “The IMO
Hapag-Lloyd expects lower earnings in 2025
Container shipping firm Hapag-Lloyd published its new annual report yesterday, March 20. According to the report, a slight increase in the operating result was achieved in 2024 while lower results are expected
Stena Immaculate: All fires out, salvage preparations begin
UPDATE: In a statement released yesterday, Crowley said that third-party salvage experts with SMIT Salvage have boarded the Stena Immaculate for assessment. “The salvage process is ongoing and will take time to
ICS: “Much work still needed” on IMO GHG reduction plans
How much closer are we to IMO GHG reduction regulations that include putting a price on ships’ GHG emissions? Following a week of discussions by an IMO working group, Guy Platten, secretary
Wiernicki: Shipping can’t get to net zero by 2050 without nuclear
“New nuclear technology is a global decarbonization solution and a commercial shipping disruptor. There is no net zero by 2050 without nuclear.” That was the view from ABS chairman and CEO Christopher
With Hong Kong Convention looming, DNV releases new guidance on ship recycling:
With the Hong Kong Convention (HKC) on ship recycling set to take effect this year, shipowners looking to scrap old tonnage will need to ensure compliance with stricter regulatory controls and inspection
Op-Ed: Rethinking cargo handling systems
By Taisuke Inui, CEO, MarFlex Driven by regulatory pressure and the pursuit of more efficient, sustainable operations, the maritime industry is rapidly evolving. From alternative fuels to vessel propulsion, technological advancements are