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Refocusing Avenir LNG has chartered out one of its existing fleet of five LNG bunker vessels (LNGBVs) to an arm of Italian energy company Eni. Avenir — a joint venture …
Energy company Gasum and shipowner Wasaline have signed a letter of intent to build what they claim will be the first large-scale commercial vessel pooling service to help comply with …
Norway’s DOF Group has scrapped a secondary share offering after trading volumes soared. The offshore support vessel owner completed a $100m private placement to help fund its $1.1bn takeover of …
Ships that turn off their tracking systems during Red Sea transits are much more likely to evade missile attacks than operators who follow Houthi orders to keep them on, according …
Malta has refused to allow entry to a German multipurpose ship carrying a cargo of explosives allegedly destined for Israel. The Portugal-flagged 8,000-dwt Kathrin (built 2010) left Vietnam’s Hai Pho
A Polish Steamship crew have thwarted a drug-smuggling attempt on their bulker in Brazil. The G1 website reported that Brazilian police seized half a tonne of cocaine found by the …
Lloyd’s Register Foundation has awarded Seoul National University with a £4 million ($5.2 million) grant to finance further maritime safety research. The grant will fund the university’s College of E
Chinese bulker company Amoysailing is ramping up its fleet by splashing out close to $240m on newbuildings and secondhand vessels. The Xiamen-based shipping company has struck a deal with Jiangsu …
Fearnley Asset Management is preparing for fast expansion with the launch of several new funds. The firm has hired four portfolio managers and is setting up a fund platform in …
The UK Chamber of Shipping is asking the new UK government to spend £700m ($915m) over the next 12 months, to help decarbonise the sector. The chamber has published a …
Greece’s Euroseas has fixed a veteran feeder ship in what boss Aristides Pittas said is a strong demand environment. But the US-listed owner has taken a big pay cut on …
Swiss liner giant MSC Mediterranean Shipping company has sent yet another of its veteran container ships to India for recycling. The 1,879-teu MSC Adele (built 1986) has been sold to …
South Korea’s Korea Line LNG is being linked to an order for an LNG bunker vessel at HD Hyundai Mipo. HD Korea Shipbuilding & Offshore Engineering, the shipyard holding arm …
A view shows damage on the 6.273-dwt Paresa (built 1992), one of two ships damaged by Russian missiles in Ukraine in early October. Photo: Ministry for Communities and Territories Development …
Ports in Florida and Mexico are in the crosshairs of what some are calling the world’s most powerful storm of the year. Hurricane Milton intensified at a faster-than-expected pace to …
Carl Schou is leaving on a high note. The longtime chief executive and president of Wilhelmsen Ship Management — who recently announced his retirement at the end of the year …
Rhode Island-based Pangaea Logistics Solutions is splashing out $17.2m to buy out the remaining 50% equity ownership in four post-panamax bulkers it has operated since 2021. The ice-class quartet fro
A much-delayed floating storage and regasification unit has finally started commercial operations in Greece. Operator Gastrade said today that the 155,000-cbm Alexandroupolis FSRU (built 2010) has ta
Braemar’s head of handysize and supramax has left the shipbroking group to join Peter Livanos’ dry-cargo concern, DryLog Trading. Fred Mack will join the outfit early next year as a …
Japanese giant K Line has formed a new joint venture to carry out geotechnical survey work after snapping up an Indonesian platform supply vessel. The shipowner’s K Line Wind Service …
