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Bulker Supply to Outpace Demand, BIMCO

The dry bulk shipping market is expected to weaken in 2027 as accelerating vessel deliveries outpace demand growth under either of BIMCO’s two Strait of Hormuz scenarios. BIMCO forecasts the dry bulk fleet growing 4 percent in both 2027 and 2028, driven largely by increased capesize deliveries. Cargo growth is expected to remain limited, while coal shipments begin declining. If the Strait of Hormuz remains effectively closed, BIMCO forecasts ship demand growing ... [+]

Coal Surges on China Imports, Aids Panamax Market

Global coal shipments rose 14 percent year over year in June, helping lift panamax freight rates as stronger Chinese import demand combined with continued energy supply disruptions linked to the Strait of Hormuz, according to BIMCO. The shipping association said coal shipments to China jumped 41 percent from June 2025 as ... [+]

China Airlines Tops Global Airline Industry in Sustainability Yearbook 2023

S&P Global, the international sustainability assessment organization, has revealed the latest results for the Sustainability Yearbook 2023. China Airlines was assessed as the top performer in ESG (Environmental Protection, Social Responsibility, Corporate Governance) in the global airline industry and placed in the Top 1% of the Sustainability Yearbook. As the ... [+]

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