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Greek shipowner Evangelos Marinakis is expanding his VLCC newbuilding programme, signing a contract for a 306,000 dwt supertanker at China’s Hengli Heavy Industries. The deal, valued by shipbuilding sources at …

China’s Shandong Ocean Shipping Group is expanding into the capesize bulker segment with a pair of newbuildings. The maritime logistics arm of Shandong Port Group has returned to Hengli Shipbuilding …

France’s Sogestran Group is upgrading its bunker tanker fleet with an order for two new vessels at China Merchants Industry Yangzhou Dingheng Shipyard. The deal, which extends a long-standing partnership …

Japan’s Mitsui OSK Lines (MOL) has appointed Rajesh Unni, founder and chairman of Synergy Marine Group, to its advisory board as part of efforts to strengthen its strategic and risk …

$1.7m. That’s the fee – or RMB12.1m – that the German owners of the US-flagged Matson Waikiki are being forced to pay to allow the vessel to dock in Shanghai, …

Oslo-listed seismic data specialist TGS has won a new streamer acquisition contract in Africa. According to the company, the acquisition is scheduled to commence in the fourth quarter of this …

Consulting and engineering firm Wood has announced that the company’s chief executive officer, Ken Gilmartin, will be stepping down from his role as CEO and director of the board. Gilmartin …

After close to a year of feasibility studies, German utility RWE has decided to cease development of the Kent offshore wind project off the Gippsland coast in Australia. This decision …

While the majority of opening statements at yesterday’s opening of the latest Marine Environment Protection Committee (MEPC) were broadly in favour of the International Maritime Organization’s (IMO) Net-Zero Framework (NZF), …

George Chatzis-led Newport SA has made its first acquisition of 2025, playing it safe with a modestly priced handysize bulker. The Piraeus-based owner has emerged as the buyer of the …

Jonas Gustavsson may be a newcomer to shipping, but as the freshly appointed CEO of MacGregor he brings a seasoned industrial eye to a sector in flux. Having taken the …

Alex Ledovas assesses the pros and cons surrounding shipping’s three leading alternative fuels. Shipping stands at a decisive moment. With the International Maritime Organization targeting a 20–30% cut in emissions …

Iron ore continues to dominate global dry bulk tonne-mile generation, though its relative weight has steadily declined over the past decade, from 41.5% in 2015 to a low of 36.2% …

Norway’s Grieg Green, the ship recycling and ESG advisory arm of Grieg Maritime Group, is closing down after 15 years of operation, citing tough market conditions and rising competition that …

Japan’s Nippon Yusen Kaisha (NYK) has signed a long-term charter deal with Oga Katagami Akita Offshore Green Energy for a domestically built crew transfer vessel (CTV) that will serve the …

France’s CMA CGM has signed a letter of intent with Cochin Shipyard Ltd (CSL) to build six LNG-powered feeder containerships, marking the first-ever order by a global liner operator at …

Global shipowners, yards, and suppliers are gearing up for a new investment cycle focused on fleet efficiency, artificial intelligence, and sustainability, according to the latest SMM Maritime Industry Report (MIR) …

Norwegian offshore vessel owner DOF has won two long-term contracts in Brazil with state-owned oil firm Petrobras. Petrobras hired the 2005-built Skandi Chieftain and the 2009-built Skandi Olympia on a …

DNV has launched what it calls the industry’s first public tender portal for e-methanol procurement in the EU and UK, aiming to help bridge the gap between producers and industrial …

The price divide between Japanese and Chinese-built bulk carriers is widening, as fresh sales highlight buyers’ ongoing preference for Japanese tonnage. With shipbrokers back at their desks after the Mid-Autumn …

Sales of very large crude carriers (VLCCs) are driving the secondhand market, with both modern and vintage units changing hands at firm prices amid strong sentiment in the crude tanker …

Most Iranian-flagged tankers are now transmitting properly over AIS without spoofing for the first time since 2018, according to analysis by TankerTrackers.com, citing two different AIS data providers. “The timing …

This week’s extraordinary Marine Environment Protection Committee (MEPC) session – running from today through to Friday – will see International Maritime Organization (IMO) member states debate a monumental consolidation: a …

Chinese wind turbine manufacturer Ming Yang Smart Energy has announced plans to create the UK’s largest wind turbine manufacturing facility, to be located in Scotland. The three-phase project will involve …

The UK arm of environmental group Greenpeace has warned the Crown Estate, King Charles’s property management company, that it would be suing it over “monopoly profiteering” at the expense of …

China has officially started collecting special port fees from US-owned, operated, built, or flagged vessels on Tuesday but said Chinese-built ships would be exempted from the levies. Empty ships entering …

TS Lines will quit the transpacific trades from next month when it withdraws its single vessel operated on the Asia-US west coast (AWC) service that is jointly operated with SeaLead …

Hong Kong shipowner Wah Kwong has teamed with China’s Yingxing Leasing and Wuhu Shipyard to launch a joint venture called Huaxing Shipping, with an initial order for 12 64,500 dwt …

China has sanctioned five American subsidiaries of Hanwha Ocean, the South Korean shipbuilder formerly known as Daewoo Shipbuilding & Marine Engineering, claiming the company was involved in the US probe …

New York-listed offshore driller Valaris has won a contract for one of its drillships from a subsidiary of supermajor BP. The contract for the 2014-built Valaris DS-12 is for five …

German shipowner Oldendorff Carriers and fellow steelmaker Salzgitter have signed a long-term deal to lower carbon emissions from the seaborne transport of iron ore to Hamburg. Starting in January 2026, …

Danish shipping giant Maersk has started onboard fuel trials of a methanol-ethanol blend as part of its efforts to explore alternative fuel use for decarbonising global shipping. The company’s 2,100 …

Oslo-listed tonnage provider MPC Container Ships (MPCC) has pressed ahead with its fleet renewal programme, ordering two 1,600 teu containerships from Fujian Mawei Shipyard in China. The vessels, designed for …

Norwegian offshore vessel owner and operator Sea1 Offshore has been awarded a new contract for one of its platform supply vessels (PSVs). An undisclosed client hired the 2013-built Sea1 Atlas …

Pakistan National Shipping Corporation (PNSC) has approved the acquisition of three secondhand tankers for about $193m, as part of its drive to double the national fleet to 30 vessels by …

The Trump administration’s weaponisation of trade and shipping reached a new level on Friday, with Washington threatening to sanction nations that vote in favour of the International Maritime Organization’s (IMO) …

Over the weekend, a number of ships bound for China turned around following Friday’s retaliatory measure from Beijing against American-linked tonnage. Starting tomorrow to coincide with the US plans to …

Global ship repair activity has jumped 7% this year, far outpacing overall fleet growth, according to new figures from Clarksons Research. The uptick comes as an ageing fleet hits key …

Carbon pricing in shipping is no longer an abstract regulatory concept — it’s a growing commercial cost that is reshaping balance sheets across the maritime value chain. In 2025, emissions …

A South African court has dismissed a legal challenge by AP Moller-Maersk’s terminal arm against the award of a key port concession to International Container Terminal Services Inc (ICTSI), paving …

Israel’s XT Shipping has returned to the newbuilding market with a pair of containerships in China. The maritime arm of Idan Ofer and Udi Angel’s XT Group has contracted 3,160 …

Purus Marine has ordered two LNG bunker vessels in China, marking its entry into the rapidly expanding market. The Singapore-based outfit, with over 70 ships across clean energy and offshore …

Greek owner Minerva Dry is stepping deeper into the container sector, ordering a new series of 3,000 teu ships in China — its largest boxships to date. Shipbuilding sources said …

Greece’s Chartworld Shipping is expanding its containership newbuilding programme with an order for up to eight units in China. Shipbroking sources report that the Kollakis family–led owner has struck a …

Norwegian offshore vessel owner Solstad Maritime has landed a series of new contracts for its anchor handlers and subsea support tonnage, adding roughly 700 vessel days of firm work across …

Dubai-based ports and logistics player DP World has renewed its partnership with German liner Hapag-Lloyd for another decade, extending the long-running agreement between the two companies at the Port of …

ExxonMobil has moved to enter the LNG marine bunkering market with two purpose-built vessels, as it looks to expand its portfolio of lower-emission marine fuels. The US energy major will …

ESL Shipping, part of Finnish conglomerate Aspo, has sold the 21,353 dwt handysize bulker Kallio to the Qrill Company. The company stated that divesting the 2006-built vessel would help to …

Maritime Beyond Methane (MARBEM) – a new global initiative that works with policy experts, financial analysts, economists and research institutions dedicated to aligning global climate ambition with maritime leadership – …

A Ukrainian worker has died and four others were injured after the St. Kitts and Nevis–flagged roro vessel Elmes capsized during maintenance at the Yıldız Shipyard in Istanbul’s Tuzla Shipyards …