HD Hyundai expands shipbuilding capacity in the Philippines
Subic shipyard will resume operation in the next 12 to 18 months
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May 2024
Ship Recycling Market Sees Steady Flow of Ships
The ship recycling market has seen a steady flow of vessels over the course of the past week, mainly from the container and dry bulk segments. In its latest market report, Best Oasis (www.best-oasis.com), one of leading cash buyers of ships worldwide, …
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Strong Southern Hemisphere harvests drive reefer shipping growth
After a tumultuous year in 2023, the reefer sector has started 2024 on a stronger footing as healthy crops in the Southern Hemisphere have helped to lift growth. This trend is set to continue across 2024 as a whole, with a return to growth forecast for…
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Logistics Trade Bodies Unite in Calls for Industry Action on New EU Import Declarations
Global and European trade associations representing shippers, forwarders and vessel operators have issued an urgent alert to all businesses involved in the movement of goods into or via the European Union, Norway, Switzerland or Northern Ireland, by se…
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Trump Supportive of AUKUS, says Morrison
Donald Trump gave the AUKUS defense pact a “warm reception”, during a meeting with former Australian Prime Minister Scott Morrison, the latter said. Morrison, who left office in 2022, met Trump this week at the former president’s home in New York for t…
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