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South Korea’s largest shipbuilding group — HD Korea Shipbuilding & Offshore Engineering — continues to outshine its rivals in securing newbuilding contracts, with orders for a total of 160 ships …
Seanergy Maritime Holdings has reported a record profit for the first nine months of the year, as it flipped its quarterly earnings to the black. The Athens-based, New York-listed bulker …
Shipowner Korea Marine Transport Co (KMTC) is being named as the company behind a pair of container ship newbuildings announced for an HD Hyundai Group shipyard. HD Korea Shipbuilding & …
US-listed New Fortress Energy expects to put a new floating storage and regasification unit-based import terminal and power plant into operation in the first quarter of 2025. The outlook for …
Officers at the UK’s Royal Fleet Auxiliary (RFA), represented by trade union Nautilus International, have voted, by an overwhelming majority, to continue both strike action and action short of a …
It’s probably not a big deal. That is the assessment of leading dry bulk executive John Wobensmith as to the likely impact of US President-elect Donald Trump’s economic policies, which …
Donald Trump is expected to have little effect on bulker markets, unless he brings in drastic US tariffs on Chinese goods when he becomes president in January. If this happens, …
The remains of a car carrier that caught fire leading to the death of a seafarer and the destruction of thousands of vehicles is destined to sail again. The 6,220-ceu …
The Houthis’ leader says the militants will not be swayed or cowed by incoming US President Donald Trump to stop their attacks on Western and Israeli shipping. Abdul-Malik al-Houthi said: …
Crude tanker cannibalisation of the product tanker market is making headlines so far during tanker earnings season, but it might already be old news. Speaking to TradeWinds on Thursday, Torm …
US-listed Excelerate Energy aims to use the LNG carrier it plans to buy in 2025 for trading its own volumes while it prepares the vessel for conversion into a floating …
Donald Trump is expected to have little effect on bulker markets, unless he brings in drastic US tariffs on Chinese goods when he becomes president in January. If this happens, …
Middle East LNG producer QatarEnergy has named the first four South Korean-built LNG carrier newbuildings under its massive 128-ship project that is worth nearly $32bn. The 174,000-cbm Id’asah, Nuaij
The UK P&I Club has announced a 6.5% increase in premiums in 2025, the highest by the main market players so far. The third-largest member of the International Group of …
Belgian shipowner CMB.Tech has fixed out its last chemical tanker newbuilding on a long-term deal as it looks to build its charter backlog. Alexander Saverys, chief executive of the former …
New York-listed tanker owner International Seaways beat analyst expectations for third quarter earnings as it continued a balanced return of capital to shareholders. In a statement prior to the openi
A UK port charity has launched its annual Christmas parcel appeal aimed at lifting the spirits of seafarers visiting the port over the festive season. The Liverpool Seafarers Centre is …
The fatal crushing of a seafarer on a ro-ro in 2021 illustrates the “widespread divergence” from safe working practices in the ferry sector, UK accident investigators said. The unnamed bosun …
Ukraine said it has carried out its first-ever successful drone attack on a Russian port in the Caspian Sea. The strike hit the terminal at Kaspiysk on Wednesday, 1,500 km …
Italy’s d’Amico International Shipping (DIS) is hopeful of an upturn in product tanker rates as crude ships move out of clean trades. The company described the third-quarter performance as “strong”,
