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."

IMO: No State Has the Right to Impose Navigation Restrictions in International Straits

IMO: No State Has the Right to Impose Navigation Restrictions in International Straits

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.

Over $1.25 Billion! Subsea7 Secures Another Major Contract

​Subsea7 has officially announced that, following a competitive tender process, it has been awarded a super-major contract by Petrobras valued in excess of $1.25 billion.

Qatar: Full Resumption of Maritime Navigation

Qatar: Full Resumption of Maritime Navigation