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Shipping’s human capital crunch is fast becoming one of its defining challenges of the decade. The latest chapter from our brand-new Seafarers magazine which is being distributed across Hong Kong Maritime Week. From Singapore to Copenhagen, shipowners and managers are grappling with a shrinking supply of qualified crew just as fleets grow larger, more complex, …
https://splash247.com/shipping-broadens-the-search-for-seafarers/
https://splash247.com/shipping-broadens-the-search-for-seafarers/MPC Container Ships has moved again to refresh its fleet, signing up for four 4,500-teu newbuildings in China backed by long-term employment. The Oslo-listed tonnage provider confirmed it has struck a deal with Jiangsu Hantong Ship Heavy Industry for the quartet, with deliveries set to begin in the first half of 2028. Each ship carries …
https://splash247.com/mpcc-adds-232m-quartet-of-boxship-newbuilds/
https://splash247.com/mpcc-adds-232m-quartet-of-boxship-newbuilds/2020 Bulkers has agreed to sell its last two newcastlemaxes, wrapping up the monetisation of a fleet-building programme that started eight years ago. The Oslo-listed owner said it has signed deals with an undisclosed buyer for the 2020-built Bulk Sydney and Bulk Santos at a combined price of $145.5m. The transactions remain subject to standard …
https://splash247.com/2020-bulkers-offloads-remaining-newcastlemaxes/
https://splash247.com/2020-bulkers-offloads-remaining-newcastlemaxes/A China Coast Guard ship formation passed through the waters of the Senkaku Islands on Sunday on a "rights enforcement patrol", the China Coast Guard said in a statement, as Beijing ramps up tensions with Japan over its prime minister's remarks…
https://www.marinelink.com/news/china-coast-guard-sails-formation-senkaku-532508
https://www.marinelink.com/news/china-coast-guard-sails-formation-senkaku-532508Iran confirmed on Saturday that its Revolutionary Guards had seized a tanker in Gulf waters carrying a cargo of petrochemicals bound for Singapore over alleged violations, Iranian state media reported.A U.S. official and maritime security sources…
https://www.marinelink.com/news/iran-seizes-tanker-headed-singapore-532509
https://www.marinelink.com/news/iran-seizes-tanker-headed-singapore-532509Samsung Electronics, Hyundai Motor and other major South Korean manufacturers on Sunday unveiled domestic investment plans, as a U.S. trade deal raised concern investment in the U.S. could weaken manufacturing at home.Samsung Electronics will…
https://www.marinelink.com/news/samsung-hyundai-announce-domestic-532510
https://www.marinelink.com/news/samsung-hyundai-announce-domestic-532510Russia's Novorossiysk port resumed oil loadings on Sunday after a two-day suspension triggered by a Ukrainian missile and drone attack, two industry sources said and LSEG data showed.Novorossiysk and a neighbouring Caspian Pipeline Consortium…
https://www.marinelink.com/news/novorossiysk-port-resumes-oil-trade-532511
https://www.marinelink.com/news/novorossiysk-port-resumes-oil-trade-532511The 52-year-old livestock carrier Spiridon II rejected by Turkey has now left the area after its cargo of over 2,800 cows was rejected by local authorities.Court transcripts translated by Animal Welfare Foundation indicate that 58 cows died in transit to Turkey…
https://www.marinelink.com/news/ninety-newborn-calves-unaccounted-532513
https://www.marinelink.com/news/ninety-newborn-calves-unaccounted-532513Capesize The Capesize market followed a generally softer trajectory for much of the week, with sentiment steadily eroding through the first half before a late improvement offered some stabilisation. Early support from a busy Pacific, where all three major miners were active, proved short-lived as activity thinned and C5 levels slipped from the low $10s ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-rates-softened-last-week/
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-rates-softened-last-week/Russia's Black Sea port of Novorossiysk temporarily suspended oil exports, equivalent to 2.2 million barrels per day, or 2% of global supply, on Friday, according to industry sources, after what local authorities said was a Ukrainian drone attack.The attack…
https://www.marinelink.com/news/ukrainian-attack-pauses-novorossiysk-oil-532488
https://www.marinelink.com/news/ukrainian-attack-pauses-novorossiysk-oil-532488