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Copenhagen-listed Svitzer says it has ordered the world’s first tug powered by battery and methanol to ensure 100% emissions-free operation. The Danish group has signed a contract with Turkey’s Uzmar
NRP Maritime Asset Management is about to start a new shipping fund. The fund, Premium Maritime Fund 2024, is targeting to raise $100m. Fund manager Nicolai Heidenreich, in a presentation …
Bremen-based German Tanker Shipping (GTS) has returned to China’s Xiamen Shipbuilding for two more MR tanker newbuildings. The deal lifts its orderbook of 46,000-dwt chemical and product tanker newbu
Amid the greenery and peace of Houston’s Woodlands suburb and before the onslaught of the huge Gastech meeting, a group of women — and some men — gathered in the …
Hong Kong-based Taylor Maritime has offloaded a handysize bulker that has emerged in the fleet of two long-term partners. Greece’s Hellas Confidence and Orient Shipping Rotterdam of the Netherlands h
Hong Kong-based Taylor Maritime has offloaded a handysize bulker that has emerged in the fleet of two long-term partners. Greece’s Hellas Confidence and Orient Shipping Rotterdam of the Netherlands h
Singapore’s Dasin Shipping has rejected reports that it sold a fleet of seven bulkers in an $80m deal. Greek and US shipbrokers reported that the supramaxes built between 2008 and …
Imagine working for 50 years but not being ready to stop yet because the sector you work in is just starting to get way too interesting. Meet Javid Talib, Black …
Shipping industry experts have called for efforts aimed at attracting younger generations to the maritime industry, and addressing the sector’s image and reputation issues. The need for modernisation
The discovery of a loose cable within the circuits of the container ship that brought down a bridge in Baltimore could have a major impact on efforts by the vessel’s …
European Union warships and salvage vessels have successfully towed a stricken Greek tanker to safe waters in the Red Sea. The move puts the 163,800-dwt Sounion (built 2006) further north …
The discovery of a loose cable within the circuits of the container ship that brought down a bridge in Baltimore could have a major impact on efforts by the vessel’s …
Shipping finance stalwart Tobias Backer said he did not doubt in his mind his next move when considering leaving Fleetscape Capital. The new executive director of Pelagic Partners’ new credit …
Royal Caribbean Group is continuing a revamp of its balance sheet with a private issuance of $1bn worth of unsecured bonds that will mature in 2031. The cruise giant said …
Premiums increased across the board in 2023 in a good year for marine underwriters, according to new figures published on Monday. Global marine insurance premiums were up 5.9% from the …
Davie has hired a new president from outside the shipbuilding world by tapping a Montreal business leader with a track record in government contracts to chase growth opportunities. The Levis, …
Projects for floating LNG production are on the increase globally and by the end of the decade the capacity of these offshore units could stack up at over 50m tonnes …
The Global Centre for Maritime Decarbonisation has hailed a pilot effort to carry out ship-to-ship transfers of ammonia as a success, marking a “crucial step” toward bunkering the zero-carbon fuel. …
Cargo owners are dictating rate levels in the VLGC spot market as earnings drop sharply, owners and analysts said. The Baltic Exchange quoted voyages from the Middle East Gulf to …
Crude tankers cleaning up to trade products lopped off approximately $17,000 per day from LR2 spot rates in the third quarter, according to Clarksons. The shipbroking giant said LR2s were …
