Shipping
Western Bulk decides not to declare Q1 dividend
(Posted on 13/04/26)A statement on the Western Bulk website reads, ”The conflict in the Middle East and the closure of the Strait of Hormuz have negatively impacted operations and weighed on results. Elevated premiums on physical bunkers versus financial swaps have increased fuel costs, while existing cargo and tonnage commitments involving the...
IRS leadership realignment to drive growth and operational excellence
(Posted on 13/04/26)Indian Register of Shipping (IRS) has announced key leadership appointments effective 1 April 2026, as part of its strategic efforts to strengthen organizational capabilities and support its continued growth trajectory.As IRS enters the financial year 2026–27, the organisation is witnessing sustained expansion across its core...
INTERCARGO advances common approach to dry bulk STS transfers
(Posted on 01/04/26)The International Association of Dry Cargo Shipowners (INTERCARGO) brought shipowners, charterers, insurers and service providers together in Athens on 31 March to tackle a growing issue in dry bulk shipping: how ship-to-ship (STS) transfers are actually carried out.INTERCARGO unites and promotes quality dry bulk shipping, bringing...
Damen signs contract with the Polidano Group for two Combi Freighters
(Posted on 01/04/26)Damen Shipyards Group has signed a contract with the Polidano Group for the delivery of two Combi Freighters (CF) 3850. The Malta-based company will use the vessels primarily for the transport of aggregates for its construction business. The new vessels will be named Denise P and Julia P in honour of Polidano family members.The...
NORDEN enters ice-class segment with long-term contract and vessel order
(Posted on 01/04/26)NORDEN has signed a Contract of Affreightment (COA) of up to 10 years with LKAB and ordered two ice-class multipurpose vessels, expanding its position in specialised segments.NORDEN is expanding into the ice-class segment through a long-term COA with Swedish mining company LKAB and the order of two new vessels, supporting its strategy...
75 years of Morska Agencja Gdynia
(Posted on 30/03/26)IBJ has been honoured to attend the 75th anniversary celebration of Morska Agencja Gdynia (MAG), which took place at the Radisson Blu Hotel in Sopot, Poland on 26th MarchBased in Gdynia, MAG was founded in 1951 to represent foreign shipping lines, shipowners and insurance clubs (P&I), as well as to provide ship agency services...
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