Tag: shipping industry

According to Xclusiv Shipbrokers, the first half of 2025 has marked a distinct departure from the aggressive newbuilding momentum witnessed over the last two years.

According to the Global Liner Performance (GLP) report by Sea-Intelligence, global schedule reliability rose 7.4 percentage points month-on-month (MoM) in May 2025, reaching 65.8 per cent, the highest level since November 2023.

In a major escalation following U.S. airstrikes on Iranian nuclear facilities, Iran’s parliament has reportedly supported a proposal to close the Strait of Hormuz, a critical global chokepoint.

During a working lunch at the Piraeus Marine Club on 12 June in Greece, the European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, outlined a strategic vision to boost the competitiveness and sustainability of European shipping.

Following the conclusion of the International Chamber of Shipping (ICS) Annual General Meeting and Board Meeting in Athens, the organisation announced several major developments marking a pivotal moment for global maritime leadership.

he Ministry of Maritime Affairs and Insular Policy of the Hellenic Republic, the International Chamber of Shipping (ICS) and the Union of Greek Shipowners (UGS) co-hosted the high-level Shaping the Future of Shipping Summit on the 11 June in Athens, Greece,

The South African Department of Transport invited companies to join a steering committee for the creation of a national shipping carrier.

EU ministers signed the Szczecin Declaration on the EU maritime industrial strategy during the International Maritime Congress in Poland.

According to Oceanscore, FuelEU Maritime is not just a cost to shipping, it does actually inject money into the industry.

BIMCO has elected Paul Pathy, President & CEO of Canada’s largest dry bulk shipping company, Fednav, as President.