Haitong Development Accelerates Fleet Expansion, Targets 100 Vessels

The strategic footprint of this leading domestic dry bulk shipping company is expanding, bringing it one step closer to its goal of a 100-vessel owned fleet.

Losing Nearly $400,000 Daily: South Korean Small and Mid-Sized Shipping Companies Face Bankruptcy

As the blockade of the Strait of Hormuz shows signs of becoming a prolonged situation, numerous South Korean vessels remain trapped in the region.

Strait of Hormuz Sees Partial Resumption of Navigation; Trump Declares US War with Iran "Over"

​US President Donald Trump stated in a recent interview that the war with Iran is "over."

Danish Shipping Welcomes First Female Chair

Danish Shipping has elected Maersk executive Caroline Pontoppidan as its new Chair, making her the first female leader in the organization's history.

A Shipping Empire Passes the Baton: MSC Enters Era of Next-Generation Leadership

Mediterranean Shipping Company (MSC) announced on the 13th that ownership of the company has been transferred by founder Gianluigi Aponte to his children.

Sinokor Maritime Opts for "Divestment": Aging LNG Carrier Sent for Scrapping

Sinokor Maritime has ultimately decided to sell one of its LNG carriers, which has been long-term idle and non-operational, for demolition.

COSCO SHIPPING Bulk Launches First Container Service Route

On April 8, the vessel Guo Yun Hai, operated by Cosco Shipping Bulk, successfully berthed at the Phase II terminal of Guangzhou Port's Nansha Port Area, marking the successful maiden voyage of Cosco Shipping Bulk's multipurpose vessel direct container ser