YZJ Maritime VLCC spending nears $1.5bn with latest four newbuilding orders
Singapore-listed company has 12 VLCCs on order at Jiangsu New Hantong
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June 2026
Phoenix Successfully Completes Emergency Underwater Hull Repair
Phoenix International Holdings, Inc. announced the successful completion of an emergency underwater repair operation on a foreign-flagged bulk carrier that had run aground in the Gulf of America.In early April, Phoenix mobilized a team of commercial di…
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HDI Global Reorganizes US Operations, Welcomes New CEO
As part of its new group strategy Xcelerate29, HDI Global (HDI) announced a new organizational setup and leadership changes in its US business.In line with the Xcelerate29 strategy, HDI Global is pursuing growth in the US market. To meet the requiremen…
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New ICS Maritime Barometer Report reveals geopolitical instability as defining force shaping global shipping
The ICS Maritime Barometer Report 2025–2026, launches today by the International Chamber of Shipping (ICS) at the organisation’s Shaping the Future of Shipping Summit in Rome, reveals an industry adapting to an increasingly complex operating environmen…
Shipping to Venezuela: Navigating a Reopening Market
Venezuela’s natural beauty and vast resources were first noted by Spanish navigators in the early 16th century. It was during this period that Alonso de Ojeda named the territory “Venezuela,” or “Little Venice,” inspired by the stilt houses he observed…
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