Taiwanese bulk carrier owner Wisdom Marine Group has formed a ship management joint venture with Synergy Group.

As the end of 2023 approaches the Seatrade Maritime News team will be taking a short break.

Mitsui OSK Lines (MOL) is expanding its bulker fleet with the additional five new dual-fueled Capesizes which can burn either LNG or conventional marine fuel oil.

Continued attacks on commercial shipping in the Red Sea, including a missile strike on a Norwegian chemical tanker, have prompted more vessel operators to halt Suez transits or divert vessels around the African Cape.

The US is launching a multi-national security initiative – Operation Prosperity Guardian – to protect shipping in the Red Sea and the Gulf of Aden from attacks by Houthi militia.

As Houthi militia in Yemen step up attacks on shipping in the Red Sea the International Chamber of Shipping (ICS) and the World Shipping Council (WSC) have called for urgent action.

As attacks on commercial shipping the Red Sea see the region becoming a “no go” region for vessels opinion writer Michael Grey calls for action.

NASDAQ-listed Star Bulk Carriers Corp. and NYSE-listed Eagle Bulk Shipping Inc. have announced they will merge and create the world’s largest dry bulk shipping company.

China’s largest shipbuilding group CSSC has signed a slew of huge contracts for up to 34 newbuildings, including 10 car carriers for Seaspan and Hyundai Glovis, at Marintec China.

Yemini Houthi rebels struck three vessels with missiles in the Southern Red Sea on Sunday, and a responding a US warship shot down three drones.