Hanwha Ocean will sign an agreement with the government and the shipbuilding industry to eliminate the gap between prime contractors and subcontractors. As the shipbuilder recently decided to provide equal performance bonuses to both prime contractor and subcontractor...

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Port congestion has become one of the most significant operational challenges facing global maritime supply chains. Whether you’re optimizing vessel schedules, managing freight procurement, or planning terminal operations, understanding how to identify, measure, and...

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Hong Kong’s shipping industry is grappling with a talent shortage, raising concerns for one of the world’s busiest ports. In 2024, the number of people working in the shipping industry dropped by about 5 per cent from 2020. Companies that rely on skilled workers to...

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Osama Rabie, Chairman of the Suez Canal Authority, announced the beginning of a new phase with the return of container ships from major shipping lines to the Suez Canal. On this occasion, two massive container vessels crossed the canal: CMA CGM JACQUES SAADE, one of...

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Asia’s spot differential for 380-cst high sulphur fuel oil (HSFO) rose slightly on Friday, while that for very low sulphur fuel oil (VLSFO) and 180-cst HSFO slid. Singapore 380-cst HSFO differential was pegged at a discount of $1.60 a metric ton. With lowered bids and...

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The maritime industry is at the beginning of a major trans- formation. Driven by a continuously evolving regulatory environment, intensifying commercial pressure, and a gen- eral global shift towards reduced greenhouse gas (GHG) emissions, the transition to net zero...

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