Container ship ordering heading for record year as newbuilding contract volumes jump by 52%
Veson Nautical says that newbuilding values are also at a record high
November 2024
Taiwan Offers Reward for Reports of Chinese Activity
Taiwan’s coast guard said on Friday it would offer rewards worth thousands of dollars for spotting Chinese activity at sea, including warships or submarines, saying it was harnessing “people power” to boost its own limited workforce.Taiwan, which China…
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HD Hyundai yard shuns capacity expansion amid a strong shipbuilding market
Shipbuilding group hesitates to reactivate capacity in case of a market downturn
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IMO Secretary-General Heads to COP29
Secretary-General Arsenio Dominguez will lead IMO’s delegation to the annual UN Climate Change Conference (COP 29) to be held in Baku, Azerbaijan, from November 11 to 22, 2024.The 29th Conference of the Parties to the UN Framework Convention…
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PMA Responds to Sanctions Breach Claim
In response to recent media reports regarding a Seaman’s Book allegedly found with a Lebanese national naval officer, the Panama Maritime Authority (PMA) has issued a statement clarifying the following:“The individual mentioned holds a Seaman’s Book is…
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