PSC / Port State Control
-
Greek Shipping Finance Reaches $59.7 Billion as Banks Boost Support
Greek shipping finance jumps 11.5% to $59.7 billion in 2025, marking second year of growth as banks increase support for operators
-
HD Korea Shipbuilding Wins Major Orders for Container Ships and Gas Carriers
HD Korea Shipbuilding secures 2.13 trillion won orders for container ships and gas carriers, boosting 2024 order book significantly.
-
Armed Hijacking Near Yemen Raises Somali Piracy Concerns for Shipping
Oil tanker hijacked near Yemen’s Qana Port confirmed by European naval forces, raising Somali piracy concerns for bulk carrier operators in regional waters.
-
US-Flagged CS Anthem Completes Safe Strait of Hormuz Transit
Crowley confirms US-flagged CS Anthem safely transited Strait of Hormuz, providing visibility into limited US commercial vessel movements through strategic waters.
-
BIMCO Warns Shipowners: Hormuz Security Risks Persist Despite Policy Changes
BIMCO warns bulk carrier operators to maintain Strait of Hormuz security protocols as political changes don’t alter fundamental shipping risks.
-
US Naval Operations Impact Maritime Trade Routes in Middle East
US naval enforcement operations in Middle East create operational considerations for bulk carrier operators navigating regional shipping lanes.
-
Kamsarmax Elway Sold for USD 16.2 Million in Week 18 Deal
Kamsarmax Elway sold for USD 16.2 million to Blue Seas Shipping clients. 2012-built 81,000 DWT vessel from Jiangsu with SS/DD due May 2027.
-
Appeals Court Upholds FMC Ruling on Container Detention Charges
Appeals court upholds FMC ruling against Evergreen Marine on detention charges, strengthening regulatory oversight of carrier fee practices industry-wide.
-
Appeals Court Upholds FMC Ruling on Container Detention Charges
Federal appeals court upholds FMC ruling against Evergreen Marine over container detention charges, reinforcing maritime regulatory authority
-
UN Security Council Addresses Hormuz Strait Navigation Concerns
UN Security Council addresses Strait of Hormuz navigation concerns, highlighting critical maritime chokepoint risks for bulk carrier operations.