Shipping Industry

Dry Cargo Transport Market, Key Player, Analysis, Type and Business Opportunities, Current Trends, Forecast to 2030

Bulk Carrier Market: Information by Type, Application & Geography – Forecast to 2030 NEW YORK, NEW YORK 10013, UNITED STATES, Jan 14, 2022 /EINPresswire.com/ – Overview of the bulk transportation market: The Dry Bulk Market is projected to be valued at $ 5,479.71 million by 2030, which is a 4% …

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Zim could give up the Israeli flag due to a tax dispute

After years of losses Zim Integrated Shipping Services Ltd. (NYSE: ZIM) is now making profits, and the company has immediately started discussions with the Israeli tax authorities and the Treasury Department about the tax rate it should pay. Company sources have sent a “message” to Treasury Department officials that if …

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Genting’s German shipyard files for bankruptcy

Cruise ship Global Dream earlier under construction at MV Werften (MV Werften) Posted on January 10, 2022 3:19 PM by The maritime executive The German shipyard Genting Hong Kong filed for bankruptcy on January 10 after the Malaysian parent company and German officials failed to reach an agreement on the …

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The hottest cruise lines in the fourth quarter of 2021

Photo credit: muratart / Shutterstock.com. Ship Technology has listed five of the top rated companies in Twitter-related cruise-related discussions, based on research from GlobalData’s Travel and Tourism influencer platform. The top companies are the most featured companies in the Twitter discussions of 150+ cruise professionals tracked by GlobalData’s Travel and …

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Australian opposition promises strategic naval fleet

PHOTO CREDIT: Offshore Energy The Australian Labor Party (ALP) has presented a plan to build an independent strategic fleet of ships under the Australian flag and crew. The aim, according to the ALP, is to restore Australia’s domestic shipping sector and ensure national trade and shipping capacity in times of …

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Classic energy-saving device reaches Guinness world record

Courtesy of MOL Tech Posted on January 3, 2022 12:47 AM by The maritime executive An energy-saving device developed by MOL three and a half decades ago, which was attached to the propeller of ships, has entered the Guinness world records as a worldwide bestseller. The Japanese Mitsui OSK Lines …

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The supply chain crisis is expected to extend into 2022

If you thought the shipping crisis was over, think again. As we head into 2022, Aussies should expect longer delays, fewer products, and rising prices. If you thought the shipping crisis was over, think again. By early 2022, Aussies should expect longer delays, fewer products, and soaring prices, affecting everything …

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What impact will COP26 have on the shipping industry?

C.OP26 – the UN Climate Change Conference – took place in Scotland in October / November 2021. Some observers, including many environmental lobbyists, said that overall it had not been possible to set sustainable climate targets. From our perspective here at ParrisWhittaker, a leading shipping law firm in the Bahamas, …

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The hydrogen-powered ferry premieres in San Francisco

The future of sea travel could be here – and it could help save the planet. For more than a century, residents have been traveling across San Francisco Bay on ferries that run primarily on diesel – a fossil fuel that warms the planet. But now the first hydrogen-powered passenger …

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“The military is much more entrepreneurial than people think” – How 2 veterans help other former military personnel transition into civilian life

Career transitions are difficult for everyone, but moving from the military to civilian life can be particularly challenging. Soldiers returning from the Vietnam War were too often treated as damaged goods by employers, according to a study by Alair MacLean, a sociology professor at Washington State University in Iraq and …

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