Vietnamese officials were on hand for the handover of the largest dry bulk carrier ever built in a domestic shipyard. The 65,000 dwt Truong Minh Dream was hailed as a key advancement and in keeping with the government’s plans to expand shipbuilding and...
As we approach 2025, it is clear that supply chains and logistics will continue to be disrupted and shaped by many factors keeping the industry on its toes in 2024. Among them, technology is increasingly taking centre stage. Geopolitical tensions are continuing to...
KUALA LUMPUR, Dec 11 — The government will continue efforts to narrow its fiscal deficit to 4.3 per cent in 2024 and 3.8 per cent in 2025, down from five per cent of the gross domestic product (GDP) in 2023. Simultaneously, it will advance fiscal reforms to strengthen...
Singapore, 10 December 2024 – A joint study by the Global Centre for Maritime Decarbonisation (GCMD) and Boston Consulting Group (BCG) has identified shipping to play a key role in enabling CCUS initiatives, particularly when there is a large...
On June 26, 2025—right around the corner—the International Maritime Organization’s (IMO) Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) will enter into force. This landmark agreement is crucial...
Cyprus-based Castor Maritime led by Petros Panagiotidis is expanding its role in containership to take advantage of the hot charter market. Castor reports it has agreed to acquire 74 percent of Frankfurt-listed investment and asset manager MPC Münchmeyer Petersen...
