PSA tops the list of the world’s major container port players once more, as Robert Yildirim’s port venture Yilport gains long-sought top 10 status

The failure of green initiatives, abandonment of national climate goals and continued confusion over future fuels in 2024 rammed home there will be no green transition without global regulation. Bizarrely, the IMO now looks like the agency in the best position to deliver such a transition worldwide

It costs more than $350,000 a year to insure a VLCC and nearly $250,000 to buy cover for a capesize bulker. Here are some of the key players on the marine insurance scene who make it all happen

Even now, most shipping contracts specify dispute resolution under English law, but the US and Asia are also home to thriving shipping law firms

Shipmanagers are adjusting to a more complex industry by bringing new emissions and optimisation tech to market, investing in training future seafarers and finding ways to add value for owners. Market forces have favoured growth in the biggest players, though many have seen their tonnage tallies fall in 2024 as ships were sold into the dark fleet*

The world’s leading shipbroking companies benefited from strong tanker and dry cargo markets during the first half of 2024, but these were followed by something of a downturn from the summer. Meanwhile, London remains the hub of the shipbroking majors, despite more deals being concluded by their Asia and Middle East offices

Rina’s Roberto Cazzulo took over chairmanship of the International Association of Classification Societies in January 2024, after two and a half years with LR’s Nick Brown at the helm. The world’s leading classification societies remain a key component in advancing the decarbonisation of shipping, while at the same time advancing standards and safety

Kongsberg Maritime’s Lisa Edvardsen Haugan is named as this year’s top technology talent as the Norwegian marine equipment group provides a multitude of product advancements to help deliver vessel carbon-reduction needs

Bocomm Leasing, led by Xu Bin, is aiming for the top position among global ship financiers, driven by record-high leasing signings, a strong focus on green shipping and bold investments in innovative vessel technologies

Liberia remained the world’s largest flag state after ending Panama’s 20-year run at the top in 2023. The dethroned registry saw its numbers fall since the previous ranking, likely because of an ongoing cull of dark fleet tankers