Cido Shipping’s Hyuk Kwon pledges five vessels to settle record Korean tax bill
The shipowner agrees to settle around $295m in arrears after 15 years
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Maritime News
Scale must not come at the expense of relationships, says OSM Thome chief
‘As an industry, I do not believe we are doing enough. We need to do a better job of putting seafarers first,’ Tommy Olofsen says
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Chinese auto giants line up $2.5bn haul to drive car carrier orders to new record
BYD and SAIC Anji Logistics join state shipowner Cosco in orders for about 20 supersize newbuildings
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Ship Recycling Markets Remain Active
The ship recycling market has kept its momentum over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian recycling market remained tight during the week. Prices, which had dec…
Ship Recycling Markets Remain Active Read More »
Coal in Focus — China’s 2027–28 US Coal Commitment
A second commodity joins the US–China trade programme. On 25 September the White House announced that China would import at least 10 million tonnes of US coal in each of 2027 and 2028, and on 28 September China’s Ministry of Commerce included coal in i…
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