A perfect storm of retiring baby-boomers and the ongoing global economic downturn, are causing the number of skilled seafarers in the global industry to shrink dramatically, but attendees at Seatrade Offshore Marine & Workboats Middle East ...
Newbuild contracting activity for VLCCs has risen to the highest level since 2008, prompting Bimco to warn of a potential “fundamental imbalance” that would take “years to overcome.”
Four major international shipping and maritime trade associations have made a joint proposal to the IMO on ambitious carbon dioxide (CO2) reductions by the global shipping industry.
With the rapid spread of cybercrime one of the issues in tackling the problem is that many companies do not want to admit having come under attack due to the risk to their reputation. This also makes fighting the menace difficult as the scale of...
Maritime industry leaders at the last day of Sea Asia 2017 today, said that there is still a lot of optimism and opportunity in the industry despite the current market environment, if companies are willing to scale to the right size, focus on...
A projected growing rate of China’s import of iron ore is expected to propel dry bulk shipping demand in 2017, according to a latest forecast by international shipping association Bimco.