President Donald Trump’s administration is considering a proposal to create an international shipping registry in the U.S. Virgin Islands as part of efforts to enlarge the tiny commercial shipping fleet flying the American flag, according to four sources familiar with...

Read More

ABS and HD Hyundai Mipo (HMD) have signed a joint development project (JDP) for digital manufacturing-based automation equipment for shipyards. The JDP establishes a collaborative framework focused on leveraging smart technology within HD Hyundai Mipo’s shipyard...

Read More

The first months of 2025 since the end of 2024 has been the most active period in Nordic American (NAT) for several years. The path forward is up. Dividend is a priority. As per previous communication to the market, we are in the process of acquiring two or three...

Read More

China’s coal imports retreated during the first quarter of the year, which in turn took a toll on the global seaborne coal trade. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Mar 2025, global seaborne coal loadings declined by -6.7% y-o-y...

Read More

Over half of the global ship orderbook by gross tonnage comprises vessels capable of running on alternative fuels, but less than 10% of the existing global fleet can utilise these greener technologies, demonstrating the challenges in ‘going for green’. The Role of...

Read More

Potential USTR port fees of c.$1 mil per voyage for non-US built car carriers entering the US targeting c.95% of the global fleet from mid-October – combined with this week’s signals from Washington suggesting a sooner-than-expected reopening of the Red Sea, would...

Read More