Seafarers’ unions and maritime employers have signed a four-year agreement that will see significant wage increases and dozens of workplace protections and improvements for over 250,000 seafarers’ serving on more than 10,000 vessels.The International B…
250,000 Seafarers Have Pay Boosted by 6% Read More »
The International Chamber of Shipping (ICS) has announced the inauguration of a new ICS Representative Office in Shanghai.This strategic move follows the admission of the China Shipowners’ Association as a full ICS member in January 2023 and…
ICS Opens New Representative Office in Shanghai Read More »
Japanese shipping companies, Kawasaki Kisen Kaisha (“K” Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK), have agreed to join JSE Ocean, a subsidiary of Japan Suiso Energy (JSE).JSE remains the majority shareholder with 50.2% of…
Japanese Shipping Companies Partner on Liquefied Hydrogen Read More »
Arctic sea ice likely reached its minimum extent for the year at 4.23 million square kilometers (1.63 million square miles) on September 19, 2023, according to scientists at the National Snow and Ice Data Center (NSIDC) at the University of…
Arctic and Antarctic Sea Ice Reach Minimum Extent for 2023 Read More »
Cash buyer GMS reports another week of “astonishing” activity in sub-continent ship recycling markets, with owners and cash buyers primarily focusing on the Indian market where several extraordinarily priced container sales reportedly took place…
GMS Reports Feverish Buying in Ship Recycling Markets Read More »