Shipping
Maritime framework in focus as Jamaica develops its maritime services
(Posted on 12/03/25)As Jamaica continues to develop its maritime sector, expanding its shipping services, growing its bunkering capability, and operating the country’s first floating drydock, the need for robust legal expertise and essential regulatory frameworks is paramount.“We will have more Jamaican ships operating globally and more...
Record-breaking year in safety for ESL Shipping
(Posted on 06/03/25)ESL Shipping, the leading carrier of dry bulk cargoes in the Baltic region, has achieved remarkable success in safety during the past year, notably reporting zero lost-time injuries throughout its entire operations. This achievement encompasses all vessels owned by the company and those participating in the Green Coaster Pool. While...
DNV report to help shipowners select energy-efficiency measures
(Posted on 06/03/25)With increasing regulatory pressure and rising fuel costs, the shipping industry must accelerate decarbonization while ensuring operational and economic viability. Energy-efficiency measures can play a crucial role in reducing fuel consumption and facilitating the transition to alternative fuels as they become available. To help...
Asyad announces final IPO price at the top of the range
(Posted on 06/03/25)Asyad Shipping Company SAOG (under transformation), one of the world’s largest diversified maritime providers and a global leader in deep-sea transportation, has announced the final offer price and demand levels for its initial public offering on the Muscat Stock Exchange.The final offer price has been set at Bzs 123 per share...
Sailor’s Society’s ‘chaplain of chaplains’ dies suddenly
(Posted on 05/03/25)The Sailor’s Society have released a statement regarding the death of their ‘chaplain of chaplains’ Boet van Schalkwyk.“It is with deep sadness that we have learned that our beloved pastoral chaplain and Crisis Response Network coordinator, Boet van Schalkwyk, has died suddenly following a car accident last...
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...
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