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South Korea has imposed sanctions on a Hong Kong shipowner and a North Korean vessel over what it claims was an illegal coal cargo transfer. The country’s foreign ministry said …
Shippers of retail goods are moving imports to the US forward in part to brace for a potential shutdown of container ports from Maine to Texas, a supply chain watcher …
Constantin Baack highlighted retrofitting as a “super important” component in container giant MPC’s fleet renewal process. Baack, chief executive of MPC Capital, said during a Capital Link decarbonis
Let’s call this one a win for shipping. Streetwise can report that Deutsche Bank’s in-again, out-again deliberations over what to do with research coverage on public shipowners have arrived at …
Rem Offshore has lined up an order for a fifth commissioning service operations vessel (CSOV). The Fosnavag-based offshore player and Norwegian ship designer Vard announced a deal to build the …
Gram Car Carriers will begin using biofuel on three of its mid-sized car carriers in conjunction with K-Line. The Oslo-based vessel lessor said on Thursday that the 4,200-ceu Viking Ocean …
Greece’s Monte Nero Management is said to be expanding its fleet with bulker and tanker newbuildings. The Athens-based company is estimated to have splashed out about $282m in ordering three …
A Turkish tanker left a UK jetty severely damaged under the control of a tired and ill pilot, an accident report has found. The 11,253-dwt product carrier Ali Ka (built …
The Indian Navy has rescued nine of the seafarers who went missing from a small tanker that capsized off the coast of Oman, but another of the mariners has been …
French liner giant CMA CGM says it will ‘revolutionise shipping’ through a strategic partnership with tech giant Google. The world’s third-largest liner said the two partners would accelerate the int
The shortage of deliveries of the biggest crude tankers and improving Chinese demand are key factors for VLCCs to join a rates super cycle in 2024, Tankers International says. With …
The suezmax market has skipped the summer entirely. Rates for the tanker asset class remain high and have largely avoided the seasonal downturn typically associated with the northern hemisphere’s war
Stress, fear, trauma, and PTSD. Seafarers going through the Red Sea and facing the risk of terrorist attacks are building up possible mental health problems, according to psychologists who are …
London-headquartered shipbroker Affinity (Shipping) has logged lower profit for 2023 in weaker shipping markets. The private company continued its expansion in 2023, with new businesses starting in t
London shipbroker Affinity (Shipping) has continued its investments in shipowning in a fresh deal with serial entrepreneur Tor Olav Troim. The broker’s 2023 accounts filed to the UK’s Companies House
Unifeeder has announced the departure of its group chief executive Jesper Kristensen, who has led the company for 17 of the 34 years he has been with it. Kristensen has …
Erasmus Shipinvest has unveiled a fresh string of acquisitions as it pushes ahead with plans to grow its fleet of small boxships and gas carriers. The Athens-based company confirmed three …
Maersk says ports as far away as Australia are being impacted by events in the Red Sea as the disruption to its liner services extends beyond trade routes between the …
A new study by an interdisciplinary team of researchers from the Massachusetts Institute of Technology (MIT) has raised questions on whether ammonia as a marine fuel is really as ‘green’ …
Ocean Network Express (ONE) has supercharged an order for methanol-fuelled newbuildings at a time of intense investment in new container ships. It has returned to China’s Jiangnan Shipyard and Yangzi
