Vessel inspection company for S&P transactions Idwal is expanding into Asia with a regional headquarters in Singapore.

As a second ship has made its escape from the war in Ukraine, the Kyiv government is struggling to agree a new insurance deal that will underwrite vessels using the new corridor.

Hapag-Lloyd has seen its profits fall and a massive decline in its liquidity, but the carrier has been named as one of the possible bidders for the South Korean carrier HMM.

Shipowners have been warned by Gard of the risk of fishing vessel collisions off the coast of China as a seasonal fishing ban is progressively lifted.

Nasdaq-listed StealthGas will continue to diversify its fleet with larger vessels as it reports a record net income for the first half of 2023.

A healthy tanker market, with its tremendous cash flows in 2022, has resulted in a surge of vessel sale and purchase (S&P) activity in 2023.

A Concentrated Inspections Campaign (CIC) will begin in September to review fire safety provisions aboard ships, but the review has been criticised as failing to address the need to update regulations.

Shipping investors are closely watching the Q2 earnings reports for the US-listed tanker names as the market eases from its 2022 boom.

OceanScore, a three-year-old Hamburg-based digital compliance system has attracted funding from MSC, the world’s largest container line, Hamburg-based Peter Döhle group, and the Schoeller family, owners of Cyprus-based Columbia Ship Management.

In late winter and spring, 2023, there was a feeling that an uptick in China-related cargo flows would propel the overall market, and the listed dry bulk stocks upward. Fast forward to mid-summer, that appears not to be happening.