Shipowner and shipping fund manager, Pelagic Partners, has today announced the launch of Pelagic Capital, a new venture designed to assist Pelagic Partners to build a dedicated credit fund and expand into future projects.
The Shipping Deputy Ministry announces that the Council of Ministers has approved the extension of the Contract for the Passenger Maritime Link between Cyprus and Greece for a further 3 years (2025, 2026, 2027), after evaluating the performance indicators, based on the number of passengers carried from 2022 until today.
“Our Ocean - Our Obligation - Our Opportunity” has been selected as the International Maritime Organization's World Maritime Day theme for 2025, which will culminate in the celebration of World Maritime Day on 25 September 2025.
BHP, together with Pan Pacific Copper (PPC) and Norsepower, completed the retrofit installation of a Norsepower Rotor Sail™ (NPRS™) onboard the M/V Koryu, a combination carrier operated by Nippon Marine (member of the SENKO group and owned by SENKO (60%) and JX Advanced Metals (40%)) that will carry copper concentrates from Chile to Japan and sulphuric acid from Japan to Chile.
Svitzer, a leading global towage provider, has announced the signing of a contract with Shipyard Rio Maguari for the construction of three new tugboats.
The Mission to Seafarers (MtS), a leading international seafarer welfare charity, has entered into a three-year partnership with IKEA Supply AG.
GAC Group, a leading provider of shipping, logistics and marine services in the Asia-Pacific market, has entered into an agreement with Quadrant Pacific to acquire its agency business, formerly its network partner in New Zealand.
Armada Technologies™ (Armada), a provider of a new, second-generation innovative hull air lubrication system and Qatar Shipyard Technology Solutions, have signed a Memorandum of Understanding (MoU) to collaborate on installing Armada’s Passive Air Lubrication Systems (PALS) on vessels.
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