Thursday

26-06-2025 Vol 19

Category: News

Young Dry Bulk Fleet Predicted to Decline by 22% by 2028

The global dry bulk fleet is expected to see a significant decline, with a projected 22% reduction in younger tonnage…

ECB Alerts Banks to Monitor Increasing Bad Loan Risks Again

The European Central Bank (ECB) has reiterated its warning to banks regarding the possibility of an increase in bad loans,…

Rising Middle East Tensions Lead to Decline in Ship Recycling Activity

Tensions in the Middle East have significantly impacted ship recycling activities across various regions. According to Best Oasis, a prominent…

Surge in Dry Bulk Market: Trends and Insights

The dry bulk market is experiencing a notable uplift, particularly across various vessel categories. In the Capesize sector, the market…

GMS Week 24: Celebrating the Success of HKC!

GMS is excited to announce a special three-part webinar series titled “HKC Compliance: What the Maritime Industry Needs to Know,”…

Seas Under Threat: EU’s Environmental Standing Deteriorates Due to Ineffective Marine Protected Areas Management

Europe’s marine protected areas (MPAs) are facing severe threats as European leaders recently convened for the United Nations Ocean Conference…

Davie Enhances American Shipbuilding Growth by Acquiring Gulf Copper’s Texas Shipyards.

Davie, a prominent international builder specializing in icebreakers and other specialized vessels, has announced plans to acquire shipbuilding assets in…

Green Marine UK Assists DEEP with Vanguard Pressure Vessel Test at Kishorn Port

Green Marine UK, based in Orkney, has played a pivotal role in a significant milestone for the ocean engineering company…

Port of Québec Achieves Top Green Marine Certification for Seventh Consecutive Year

The Port of Québec has proudly achieved the highest levels of Green Marine certification for the seventh consecutive year. This…

HD Hyundai Announces New Contract Deal

HD Korea Shipbuilding & Offshore Engineering, part of HD Hyundai and focused on shipbuilding, announced on June 13 that it…