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The US has intercepted a cargo ship that travelled from Vietnam with an invasive species of moth as an unwanted passenger. Two agriculture specialists with US Customs and Border Protection …
Greek tanker owner IMS has divested one of its oldest vessels at a considerably higher price than it bought it for seven years ago. Market sources in Piraeus said the …
Bulker operator Western Bulk Chartering has revealed details of its cost-cutting drive after a challenging third quarter for freight rates. The Oslo-listed company said that the initiative was begun
The Isle of Man Ship Registry (IOMSR) has added four Berge Bulk newbuildings to its roster as part of its decarbonisation drive. The ships are the 211,000-dwt newcastlemaxes Berge Mauna …
The crew of a Turkish cargo ship has been arrested after cocaine worth €400m ($437m) was found in a raid off the Canary Islands. French and Spanish customs officials said …
The shipping industry could go from a shortage of green methanol to a surplus if regulators fail to agree on a robust price levy to ensure strong backing for cleaner …
BW LPG executive Knut-Helge Knutsen is NOK 4.1m ($381,000) to the good after selling shares in the company. The Oslo and New York-listed VLGC owner said the vice president and …
Finding a unique venue to host a major milestone party is always a challenge, especially in a socially active city like Singapore where the chances are guests will probably have …
Jiangnan Shipyard has added two more very large ammonia carrier (VLAC) newbuildings to its orderbook. The Shanghai-based shipbuilder said AW Shipping the joint venture between Adnoc Logistics & Servi
Should ships be built to better withstand the worsening weather conditions the oceans can produce, or the conditions that they are most likely to encounter? Larger, more frequent storms in …
Owners of floating storage and regasification units (FSRUs) are seeing asset values rise as demand increases in an unstable global market, Greece’s Allied Shipbroking says. The ongoing conflict in Uk
Ship manager OSM Thome is open to more merger and acquisition (M&A) action to follow up its massive consolidation move last year. Private equity-backed OSM Maritime joined forces with Singapore’s …
Ship managers increasingly have to be all things to all shipowners — and this is driving mergers and acquisitions outside the sector. Asked about adding data and AI firms for …
There are some new names in the frame in LNG bunkering circles these days, as companies dive in to fill a perceived gap in the infrastructure needed to supply the …
AP Moller-Maersk has reached an agreement to settle a lawsuit filed by an insurer for retail giant Target over container losses at sea. The case is one of the final …
MSC Mediterranean Shipping Company voiced support for mandatory rules to prevent plastic pellet pollution and urged fellow liner operators to take voluntary action to tackle the problem. The containe
This is the first TradeWinds ShipTech newsletter, so firstly welcome. Every week I will collate the biggest stories we have covered in TradeWinds to offer insights into the business of …
Brazilian federal officials have rejected a complaint against Canada’s Fednav and Rio de Janeiro-based Zemax Group that had claimed irregularities in the country’s domestic trades. The National Water
The Port of Tampa Bay appears to have survived Hurricane Milton with minimal damage, easing fears that it could disrupt a key gateway for fuel deliveries. And Mexico’s port of …
Two bulker companies founded by Norwegian shipowner Tor Olav Troim issued twin tweets saying that there are few signs that capesize spot rates will disappoint in the fourth quarter. The …
