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Shipping

Asyad announces final IPO price at the top of the range

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...

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Sailor’s Society’s ‘chaplain of chaplains’ dies suddenly

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...

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Pacific Basin announces stable financial results in unusually flat freight market

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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Bridging the gap between industry, academics, and technology in maritime

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...

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Veson Nautical: Bulker fleet heading for two-tier market

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: ‘...

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MOL signs MoU with SMT Shipping for joint study of DRI transportation

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...

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