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News
Shipping industry mourns passing of C.H. Tung — SMI DIGITAL
5+ day, 6+ hour ago (210+ words) C. H. Tung (Tung Chee-hwa), former head of family shipping business OOCL (Orient Overseas Container Line) and Hong Kong Special Administrative Region's first Chief Executive, passed away yesterday aged 89. Eldest son of shipping magnate C.Y. Tung (Tung Chee-hwa), he was born in Shanghai…...
Shipping industry has entered ‘new phase’, says 2026 ABS Outlook — SMI DIGITAL
1+ week, 4+ day ago (202+ words) Shipping's challenge is now how organisations can navigate decarbonisation while maintaining competitiveness, protecting asset value, and preserving access to capital, according to the 2026 ABS Outlook. The report concludes that there is no single pathway for the industry. Instead, the optimal…...
Shipping return to SMM ‘in rude health’ with strong order flow and shifting agenda: Clarksons — SMI DIGITAL
1+ week, 6+ day ago (369+ words) shipmanagementinternational.com Shipping return to SMM ‘in rude health’ with strong order flow and shifting agenda: Clarksons “The global newbuilding orderbook is up 33% ($666bn, with ~60% of this to flow through to suppliers) and the average backlog is ~4 years (2030 ordering typical in…...
Export disruptions increasingly hurting tanker demand, says BIMCO — SMI DIGITAL
2+ week, 5+ day ago (226+ words) "Tanker markets are facing mounting pressure as export disruptions continue to reduce seaborne volumes, while declining oil and product stocks increase the risk of higher oil prices, weaker economic growth and lower tanker demand," says Niels Rasmussen, Chief Shipping Analyst…...
Trump’s Maritime Administration and CORE POWER launch agreement to collaborate on maritime nuclear frameworks — SMI DIGITAL
2+ week, 5+ day ago (309+ words) Mikal Bøe, Founder and CEO of CORE POWER, said: “China is already moving toward nuclear-powered commercial shipping. That should focus minds in Washington. America does not regain maritime strength by building a better version of yesterday's ship. “We are not…...
U.S. MARAD and Core Power launch agreement to build nuclear merchant ships — SMI DIGITAL
2+ week, 6+ day ago (269+ words) shipmanagementinternational.com U.S. MARAD and Core Power launch agreement to build nuclear merchant ships The United States is moving to make nuclear propulsion part of its commercial maritime revival. The U.S. Department of Transportation's Maritime Administration (MARAD) and CORE POWER (US) Inc....
Panama Canal adopts additional measures to address reduced water levels — SMI DIGITAL
3+ week, 5+ hour ago (164+ words) shipmanagementinternational.com Panama Canal adopts additional measures to address reduced water levels The Panama Canal last week announced, via an Advisory to Shipping, temporary modifications to the locks’ transit capacity including adjustments to its daily auctions, amid reduced precipitation in…...
APM Terminals and Hapag-Lloyd partner to drive future growth at Maasvlakte II — SMI DIGITAL
3+ week, 4+ day ago (429+ words) shipmanagementinternational.com APM Terminals and Hapag-Lloyd partner to drive future growth at Maasvlakte II Hapag-Lloyd has signed an agreement with APM Terminals to acquire a 25% stake in APM Terminals Maasvlakte II B.V. As partners, both companies will support the Rotterdam terminal’s…...