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The Iran-backed Houthi militant group that has been waging war against shipping is trying to get hold of more advanced missiles from Russia. The rebel fighters — who have been …
The US state of Maryland has filed a vast bill for damages against the owner and operators of the container ship that destroyed a bridge in Baltimore just before the …
Major European shortsea operator CLdN has inked an order with a South Korean shipbuilder for 10 load-on/load-off (lo-lo) container carriers. The Belgian and Luxembourg-based company has returned to H
Wallenius Wilhelmsen has hatched plans to build four of the largest car carriers ever. The Oslo-listed car carrier giant announced on Wednesday that it is upsizing four of its 12 …
MPC Container Ships is set to buy four 3,800-teu wide-beam eco-design vessels for $180m. The Hamburg-based owner said it has taken “strategic measures aimed at further optimising its portfolio and …
Get ready for mergers and acquisitions. That is the top tip for shipowners from Norwegian law firm Wikborg Rein. The market is hot after several high-profile M&A deals in shipping …
A 21-year-old steam turbine-driven LNG carrier is being offered for sale with the numbers for these older generation vessels being put onto the market in this sector likely to double …
Lomar Shipping, owned by the logothetis family, has introduced a new name for the German product carrier and chemical business it acquired more than two years ago. The four MR …
The owner of a container ship that destroyed a Baltimore bridge and industry insurers hired a Washington lobbying firm because of fears of damaging changes to US liability laws, government …
ESG trendsetter Eastern Pacific Shipping is looking to have ammonia as fuel for its next generation of container ships. The Idan Ofer-controlled company has inked a memorandum of understanding (MoU)
MPC Container Ships (MPCC) will acquire four 3,800-teu wide beam eco-design vessels for $180m. The Hamburg-based owner said it has taken “strategic measures aimed at further optimizing its portfolio
A new disruption surcharge announced by AP Moller-Maersk could signal a rise in container freight rates in the wake of a potential US ports strike, an analyst said. The Danish …
South Korean liner operator HMM has emerged as the buyer of five wide-beam container ships that it previously had on long-term charter. The Seoul-based carrier has acquired the quintet from …
Star Bulk Carriers and Navision Shipping have lodged claims in the case over the container ship that destroyed Baltimore’s Francis Scott Key Bridge, days after a filing by the US …
Imagine a chief engineer on a ship who is faced with a not-uncommon decision. The load on the vessel’s auxiliary engines has dropped to a point where one can be …
When the US government filed a claim in the legal battle over the deadly container ship casualty that destroyed a bridge in Baltimore, a small portion of its $103m claim …
Campaigners urged the UK government on Tuesday to open a new front against Russia’s oil trade by targeting fraudulent documents that disguise the true value of shipments. Ministers will be …
Two things happened on Tuesday that augur well for dry cargo markets in the short term and in the longer term. The Baltic Dry Index (BDI) broke through the 2,000-point …
Beijing’s surprise stimulus package could prove good news for the tanker sector by lifting Chinese oil demand, although the wet freight futures market shrugged off the announcement. The oil demand …
The rumours are true: Richard Holtum is the new chief executive at Trafigura. The commodities trading giant announced on Tuesday that Holtum will take the reins at the company — …
