Shipping
INTERCARGO reaffirms call for simplicity as IMO climate talks intensify
(Posted on 31/03/25)The International Association of Dry Cargo Shipowners (INTERCARGO) has renewed its call for straightforward and practical mid-term measures as the IMO's climate negotiations enter the next critical phase. With ISWG-GHG-19 and MEPC 83 in the coming weeks, where key decisions on implementing the IMO's GHG strategy are expected, INTERCARGO...
The Swedish Club reports strong 2024 results
(Posted on 31/03/25)The Swedish Club has delivered strong results for 2024, posting a USD 34 million profit and significantly increasing free reserves to USD 217 million, up from 184 a year earlier. Robust investment returns — fuelled by rising stock markets and favourable interest rates — played a key role in driving profitability and...
NORDEN adds two newbuilding Capesize leases with purchase options
(Posted on 27/03/25)In line with NORDEN’s positive long-term outlook for Capesize freight rates, the company have announce the addition of two Capesize newbuilding leases with purchase options, reinforcing their commitment to building a highly efficient and modern Capesize fleet.NORDEN is a global provider of ocean-based freight services for...
Enhanced data collection for Western Bulk
(Posted on 27/03/25)OrbitMI, a global provider of maritime software and data products, has expanded its workflow capabilities through a new integration with CleanQuote, a leading vessel cleaning platform. This collaboration further strengthens OrbitMI’s commitment to providing connected workflows by incorporating vessel cleaning and maintenance...
ClassNK appoints new President & CEO and Executive Vice President
(Posted on 27/03/25)Current ClassNK Senior Vice President Hayato Suga has been appointed as President & CEO as well as Representative Director of ClassNK and current Corporate Officer Fumihiko Higashi has been appointed as Executive Vice President, effective 21 March 2025.Former President & CEO Hiroaki Sakashita has been appointed as Chairman...
ASL sees continued surge in demand for Cape Size carriers
(Posted on 19/03/25)The surge in demand for Cape Size bulk carriers will continue for another six weeks, driven on by increased orders from China for bauxite from West Africa, according to Capt. Pappu Sastry, CEO of Adhira Shipping and Logistics (ASL).ASL is a Logistics Manager, Operator and Consultancy registered in Dubai. The focus of the ASL team...
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