Angad Banga, the Chief Operating Officer for Caravel Group, has been appointed as the new Chairman of Hong Kong Shipowners Association (HKSOA).

Seafarer salaries are rising by over 10% according to a survey by Danica Crewing but could level off in the coming year as container and bulker owners tighten their belts.

Wärtsilä has signed a letter of intent with Viridis Bulk Carriers, for the world’s first ammonia-based four-stroke multi-fuel engines developed on the basis of the Wärtsilä 25 engine platform.

China Merchants Energy Shipping is ordering eight vessels from China Merchants Industry at a total cost of $508 million to expand its bulk, car carrier, and multi-purpose fleets.

Government in Australia is attempting to call the tune with its Strategic Fleet policy but opposition to the fleet has come from those footing the bill, who’d have thought that the piper payers would make a song and dance of it?

Adaptability is the key to meeting the challenges currently facing shipping was a clear message delivered to the Greener Shipping Summit held in Athens last week.

CSSC Beihai Shipbuilding inked three plus four ammonia ready bulk carriers with Eastern Pacific Shipping (EPS).

The Chilean giant state mining company Codelco, Japan’s NYK Bulk & Projects Carriers (NBP), Oshima Shipbuilding and Sumitomo Corporation have signed a Memorandum of Understanding (MoU) design and build an ammonia dual-fuel handymax bulker.

With the Panama Canal implementing sharp cuts in the number of booking slots for transits in the coming months tankers are set to be squeezed out of using the key waterway.

At the beginning of October it was full speed ahead for Greek shipowners renewing their fleets with newbuilding orders up 40 - 50% over the past 12 months.