Author: Kris Stewart

Capital Group Bets on Kongsberg Simulators to Power Cutting-Edge Training Hub in Greece

Kongsberg Maritime will supply advanced engine room and cargo simulators to Capital Groups new training facility in Chios, Greece, offering trainees virtual replicas of the exact systems used on the companys fleet. The simulators, featuring Kongsbergs K-Chief automation tech, aim to bridge the gap between training and real-world operations by June 2025.

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The Dry Bulk Market Is Headed for a Supply and Demand Imbalance—Here’s Why

The global dry bulk shipping market faces turbulence as trade tensions, slowing demand, and shifting supply chains converge, with new tariffs and China’s cooling appetite for raw materials reshaping the industry. Iron ore and coal shipments are projected to decline, while fleet growth outpaces stagnant demand, keeping freight rates depressed through 2026.

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