The International Chamber of Shipping (ICS) has launched a new report identifying that heavy Industry sector are expected to dominate global hydrogen demand to 2050, with South Korea, Japan and Europe being the first markets for hydrogen.The…
Report Predicts Need for Over 400 Hydrogen Carriers Read More »
The Member Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control will launch a joint Concentrated Inspection Campaign (CIC) on Crew Wages and Seafarer Employment Agreements (MLC, 2006) from September 1.The…
Paris and Tokyo MoUs to Commence Crew Wages CIC Read More »
Seatrium Limited returned to profitability in the half year ended 2024, the first time since its formation in 2023.Seatrium recorded a revenue of S$4.0 billion for 1H2024, a notable 39% growth from S$2.9 billion for 1H2023, mainly due to progressive…
Seatrium is Back in the Black Read More »
The BIMCO Dry Bulk Shipping Market Overview & Outlook July 2024 by Niels Rasmussen, BIMCO’s Chief Shipping Analyst, anticipates that the supply/demand balance will strengthen in 2024 but weaken in 2025.Supply is estimated to grow by 3-4% in 2024 and 1….
BIMCO: Strong Bulk Market May Cool as 2025 Nears Read More »
Offshore and marine giant says it now has the highest net order backlog in a decade
Singapore’s Seatrium posts first profit since merger Read More »