A container vessel whose construction was halted in the aftermath of the 2008 financial crisis has finally been delivered and placed into commercial operation, closing a development cycle that has stretched across almost 20 years and multiple market cycles.  According to Danish liner consultancy Sea-Intelligence’s rival analyst Alphaliner, the 917 teu vessel Behram Box has now been completed and chartered to DP World-owned Unifeeder, officially bringing the long-delayed project back into commercial service.  The ship is the first of two sister vessels originally ordered from Turkey’s Um Shipyard around the...

AD Ports Group has taken a major strategic step in its international expansion with its largest acquisition to date, moving into South America through a deal valued at AED3.1bn ($835m) for Brazilian agri-bulk terminal operator Corredor Logística e Infraestrutura (CLI).  The acquisition marks a first entry into the region for the Abu...

Shipping leaders gathered at the TradeWinds Shipowners Forum during Posidonia painted a clear picture of an industry no longer driven solely by cycles and fundamentals, but increasingly shaped by geopolitics that is actively redrawing global trade flows, fleet deployment strategies, financing decisions and asset values.  A central message from the panel was that geopolitical developments are no longer temporary disruptions but structural forces reshaping entire shipping markets.  “Nowadays, we see that geopolitics is not simply creating operational disruptions. Geopolitics are redefining entire markets across segments,” said Charis Plakantonaki, chief strategy officer at...

DNV has confirmed the performance of a new onboard carbon capture solution developed by Carbon Ridge, validating CO₂ capture rates...

Lloyd’s Register has granted Approval in Principle (AiP) to HD Hyundai Samho for a new container ship design standard aimed at improving...

Samsung Heavy Industries (Samsung Heavy Industries) is positioning itself in the emerging floating data centre market after signing a series...

One of shipping’s most outspoken figures, Evangelos Marinakis, founder and chairman of Capital Maritime & Trading Corp, has suggested that the industry might have been better served by paying a structured fee to maintain access through the Strait of Hormuz, rather than enduring prolonged disruption following the Iran-Israel-US-related conflict.  Speaking at the TradeWinds Shipowners Forum during Posidonia, Marinakis argued that a predictable payment system would have...

At the TradeWinds Shipowners Forum held during Posidonia, senior figures from across global shipping gathered around a central question: how long can...

The prolonged takeover confrontation between US-listed dry bulk operator Genco Shipping & Trading and Greek rival Diana Shipping has intensified once again after Genco’s board unanimously rejected Diana’s latest cash offer of $24.80 per share.  The decision marks the third time Genco has turned down proposals from Diana since the takeover attempt began late last year, setting the stage...

AERION is strengthening its position as the commercial driving force behind a fully integrated air cargo ecosystem, offering airlines a...