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In today’s rapidly evolving global economy, ships are identified as key industry players by virtue of their day-to-day cross-border voyages making them one of the most essential and volatile economic
In a fast-evolving maritime industry, safety must remain a priority, says Knut-Ørbeck Nilssen, CEO, DNV Maritime. These are exciting and challenging times for the maritime industry. Although decarbo
Before the 2000s: beginning of e-commerce and the dot-com bubble The beginning of the internet and e-commerce The historical analysis (visualised in Fig. 2) begins by establishing the internet's and
Voyage Estimation Ship Voyage Estimation is forecasting of costs and revenues. Unavoidably, Ship Voyage Estimation includes comparing one voyage with an alternative voyage to see which produces the m
* All information and comments are as of 14 April 2025. Recent tariff-related developments and implications for trade and logistics The global trade landscape is shifting, with tariffs largely being
G2 Ocean, a joint venture established in 2017 by Grieg Star Shipping and Gearbulk, has successfully increased its profitability despite encountering lower rates for its 120 bulk carriers. The boost …
The major contribution of this research is that despite numerous studies on port efficiency utilizing DEA methodology, none have integrated weight restrictions into overall efficiency assessments. Th
Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and ni
Limassol-based and Nasdaq Stock Exchange-listed shipowner and operator Castor Maritime Inc. (CTRM) has recently acquired its second ship within a month, purchasing a 2020-built kamsarmax bulk carrier
Cargo Ships Oil Pollution Oil pollution caused by cargo ships was not a matter of serious international concern until the mid-1950s. The issue gained attention when an international conference was …
For every week of strike on the US East Coast (USEC), more than 60 vessels will start to pile up outside USEC ports, and a third of them will be …
In this article, we will drill down on the operational impact of the USEC strike: How many vessels will be impacted? What are the trades connecting to USEC? What ports …
The Oslo Stock Exchange-listed Norwegian shipowner and operator Belships has declared extraordinary dividends following successful and profitable sales of bulk carriers, offering shareholders an oppor
16-September-2024 Saint Kitts and Nevis-flagged handysize bulk carrier 27K DWT MV Aya, operated by Athens-based VRS Maritime Services Ltd, was struck by a missile launched by Russia, marking the firs
Welcome to the August edition of our monthly newsletter. This edition includes key regulatory developments from July and August 2024. In the UK, future plans for financial regulation are now …
The subsidiary of Japanese shipowner and operator NYK (Nippon Yusen Kabushiki Kaisha), NYK Bulk & Projects Carriers, has secured a time charter contract with Diana Shipping Inc. (DSX), which is …
In a recent video, IMO Secretary General Arsenio Dominguez invited the maritime industry to champion diversity and break down barriers to gender equality in the workplace, not just today, but …
By: Maria Madalena das Neves (Associate Professor at NCLOS, Faculty of Law, UiT-The Arctic University of Norway). PDF: https://site.uit.no/nclos/wp-content/uploads/sites/179/2024/04/Maria-Seabed-Mini
I. Introduction Canadian maritime law operates within a distinct legal sphere developed and shaped by common law, statute, and the Canadian Constitution. Compared to other areas of Canadian law, marit
1 What is the current state of the shipping industry in your country? Due to its geopolitical location, surrounded by sea on three sides and North Korea is located in …
