Paul Pathy, President & CEO of Canada’s largest dry bulk shipping company, Fednav, has been elected as President of BIMCO at our general meeting in Copenhagen on Wednesday 14 May 2025. He takes over as the 47th President and is the first BIMCO President from the...

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The Suez Canal Authority (SCA) announced on Tuesday a 15-percent discount on transit fees for large container ships beginning Thursday, aiming to encourage major shipping lines to return to the waterway amid improving security conditions in the Red Sea. SCA Chairman...

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Saudi Arabia’s crude oil supply to China will hold steady in June after hitting the highest in more than a year in the previous month, trade sources said on Tuesday, following OPEC+ decision to increase output. State oil firm Saudi Aramco, opens new tab will ship...

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The Panama Maritime Authority (PMA) has announced a 12% rise in employment contracts for Panamanian seafarers during the first four months of 2025 a promising result attributed to the strategic efforts led by the Seafarer Recruitment Committee. During the closing...

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