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Sweden’s Wallenius Marine and Finland’s ABB are launching a digital vessel support centre as a service for other shipowners. Its first remote centre has been built at the Swedish shipowner’s …
A host of famous shipping faces were invited to the Saudi Arabian capital, Riyadh, on Sunday for a select chief executives first-of-its-kind meeting on the eve of Bahri Week in …
Abu Dhabi shipowner Al Seer Marine is expanding its shipbuilding venture with Damen Shipyards to include merchant vessels. The tanker, bulker and gas carrier company said the Dune operation will …
Global Ship Lease (GSL) has announced a small rise in quarterly profits while being linked to the purchase of four neo-panamax boxships. The 9,000-teu Bremerhaven Express (built 2015) and three …
Tanker owners will have to wait a little longer to start shipping Ugandan crude from the country’s new Tilenga fields at Lake Albert. The TotalEnergies and CNOOC development is now …
Analysts are wary of overvaluing car carrier stocks as major owner Wallenius Wilhelmsen added another vehicle transport contract to its book. The Oslo-listed company said the multi-year deal with a …
Diana Shipping has re-fixed an ultramax bulker at a lower rate after it came off a previous term charter. The New York-listed Greek owner said Stone Shipping, backed by C …
Four ports have secured a total of €18m ($19.3m) in European Union funding to meet mandatory targets for the installation of onshore power supply. Stockholm and Gothenburg in Sweden, Aarhus …
German shipbuilders have the skills and opportunity to capture a slice of the multi-billion domestic offshore wind vessel sector. But Christian Finnern, head of Germany at Watson Farley & Williams …
Greek shipowner George Procopiou’s Dynacom Tankers is said to have stacked its orderbook with panamax product carrier newbuildings. According to shipbuilding sources, it has commissioned China’s Yang
Regional Container Lines (RCL)’s profits rose sevenfold rise in the third quarter after a big jump in freight rates. The Thai company logged a net profit of THB 4.1bn ($119m) …
Russia is looking to bring its key Zvezda Shipbuilding Complex into the fold of state holding company United Shipbuilding Corporation (USC). The Far East yard’s owner Rosneft and USC owner …
Danish Shipping has praised a deal that gives the country’s citizens visa-free entry into China for the next 13 months. The agreement begins on Friday, granting simplified entry for 15-day …
The shipping industry will face increasingly complex sanctions in coming years as governments embrace the strategy as a vital foreign policy tool, according to a senior official at the International …
CMB.Tech has been upgraded by Fearnley Securities to ‘buy’ from ‘hold’ in a fresh note. Fearnleys sees the Belgian shipowner “offering attractive entry to future-proof shipping”. The Brussels and Ne
Combined shipping earnings are worse than at any other time so far in 2024, with energy shipping taking a hit. An oversupply of tonnage led to a 3% drop in …
Danish giant Maersk Tankers has opted to try out suction sail technology on five of its MR tankers. The company said it will retrofit 20 of bound4blue’s eSAIL systems on …
Maria Angelicoussis-led Maran Gas Maritime has signed a deal with South Korean shipbuilder Hanwha Ocean for up to four LNG carrier newbuildings. Hanwha Ocean won a contract worth KRW 713.5bn …
A crew member who fell from a bulker off Australia has been found alive 24 hours later. The unnamed seafarer in his 20s was spotted by a fisherman off Blacksmith …
Norwegian hedge fund Sissener Canopus is expecting shipping market rates to make a comeback. Several segments, especially tankers and gas carriers, have seen weak development in the past months. Sis
