MORE ACTIVITY IN THE S&P MARKET The market for second hand ships has been expanding so far this year, with more deals being reported. In its latest weekly report, shipbroker Banchero Costa said that “in the dry bulk segment, SENTOSA CHALLENGER 81,600 dwt 2020 Imabari built (SS and DD due Apr 2025) and SENTOSA SPIRIT […]

IRAN INSTALLS ELECTRONIC LOCKS ON OIL TANKERS TO STOP FUEL SMUGGLING Iran has introduced a new initiative to enhance security and monitoring in its oil transportation sector by installing electronic locks on oil tankers. The National Iranian Oil Engineering and Construction Company (NIOEC) has launched a comprehensive project titled “Real-Time Monitoring of the Supply and […]

WOMEN WHO CHANGE THE MARITIME WORKPLACE AT THE PANAMA CANAL Today, there are more women in shipping than ever before. We profile the diverse range of roles undertaken by women in the operations of the Panama Canal and the services connected to it. During recent international maritime conferences, there has been a lot of talk about […]

BERTH NO. 5 AT LẠCH HUYỆN PORT CAN ACCOMMODATE CONTAINER SHIPS UP TO 165,000 DWT WITH REDUCED LOAD The Vietnam Maritime Administration has recently adjusted the announcement regarding the opening of Berth No. 5 at Lach Huyen Port, Hai Phong (Phase 1). Located in the Lach Huyen area on Cat Hai Island, Hai Phong City, […]

REWRITING WOMEN INTO MARITIME HISTORY INITIATIVE GOES GLOBAL The Lloyd’s Register-backed Rewriting Women into Maritime History initiative to uncover and showcase the critical role of women in the maritime sector, past and present has entered a new, international phase. Launched in the UK and Ireland in 2023, the programme uses archival material held by maritime […]

SEAFARER SALARIES AND RETENTION RATES ON THE RISE Retaining seafarers has improved slightly over the past year, thanks in part to salary raises, the annual Crew Managers’ Survey by Danica Crewing Specialists has revealed. In its survey of in-house crew managers in shipowning and shipmanagement companies, almost 90% reported that they had increased salaries in […]

CYBER SECURITY THREATS ARE NOT NEW, BUT SHIPPING STILL UNPREPARED Shipping’s legacy systems and accelerating digitalisation call for a focus on cyber security regulation and training to respond to threats. The maritime industry’s mix of legacy systems, rapid data exchange, and rapid digitalisation create challenges around cyber security in need of urgent, collaborative solutions, according to an […]

PANAMA MARITIME REVIEW 2024-2025 The report brings an exclusive insight into the country’s maritime, logistics, legal affairs and port sectors featuring in-depth interviews with key industry players. At a Glance The Panama Canal, its customers, construction and expansion The Panama Maritime Authority new administration focuses on the technological revolution The Panama Ship Registry guarantees compliance […]