10000 results
Singapore-based X-Press feeders has begun operating its first methanol-fuelled containership in North Europe. The 1,264 teu Eco Maestro (built 2024) will start operations out of Rotterdam and is the
Evangelos Marinakis is the latest private shipowner to order container ship newbuildings, with a $1.25bn deal. The Greek magnate made his move just days after John Fredriksen and Idan Ofer …
Tanker disruption is unwinding in the US Gulf after the key port of Corpus Christi re-opened following restrictions imposed as storm Beryl approached. Vessel activity had been reduced on Saturday …
China’s Hengli Group is lining up investment of CNY 9.2bn ($1.3bn) in its reborn former STX Dalian shipyard at Changxin Island. The company said on social media platform WeChat that …
Shipping magnate John Fredriksen is sitting on a stake worth $141m in Norway’s DOF Group. The tycoon’s private Geveran Trading subscribed for $30m of the offshore vessel owner’s stock last …
Western Bulk Chartering has bought and sold an ultramax bulk carrier in a deal that will generate a profit of just under $5m. The Oslo-listed operator said it has exercised …
Danish oil and shipping group Monjasa has snapped up two Scandinavian product tankers to meet growing fuel demand in West Africa. The 7,900-dwt Chinese-built Monjasa Hunter (built 2009), formerly the
Attacks on shipping in Asia’s most important strategic waterway were almost cut in half in the first six months of 2024, the latest data shows. A total of 21 incidents …
The Saverys family’s Windcat has completed its newbuilding splash on dual-fuel hydrogen-powered offshore wind vessels by declaring an option at Damen Shipyards. The company, now part of Euronav/CMB.T
Transportation Recovery Fund (TRF) is believed to have sold two more tankers in an active period of disposals from the shipowner. The Norwegian-American private equity fund has sold the 36,700-dwt …
German liner operator Hapag-Lloyd has hiked its profit outlook by up to 60% for the current financial year. Group Ebitda for the full year is forecast in the range of …
Nissen Kaiun will deploy a raft of on-order aframax tanker newbuildings into the fleet of N2 Tankers, a pool-like joint venture between the Japanese shipowning giant and Reederei Nord. The …
In the current market upcycle, competition among shipping lenders is fierce, according to Danske Bank. Shipowners generally make a lot of money and the companies’ balance sheets are more robust. …
London-listed broker Braemar has handed over shares worth around £645,000 ($825,000) to top bosses as part of bonus awards. Chief executive James Gundy received 169,925 shares, with chief operating o
Japanese shipping giant NYK Group has agreed to buy an 80% share in a newly established company that will assume ownership of Eneos Ocean Corp's entire non-crude shipping fleet. The …
NYK Line is teaming up with the Singapore Maritime and Port Authority to accelerate maritime decarbonisation, digitalisation, and manpower development efforts. The two organizations said they would “
Japanese shipping giant NYK Group has agreed to buy an 80% share in a newly established company that will assume ownership of Eneos Ocean Corp's entire non-crude shipping fleet. The …
The South African Maritime Safety Authority (SAMSA) has dispatched two salvage tugs to try save an Ultrabulk-controlled multi-purpose general cargo ship in critical condition off the country’s west co
A second tanker has been fixed to lift Senegal crude as the African country prepares to ramp up exports. Senegal successfully produced its first oil only last month from the …
The Japanese government is investigating other marine engine makers in the country after the disclosure that Hitachi Zosen and two of its subsidiaries have falsified emissions testbed data of over …
