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The sale of Maersk Supply Service (MSS) to DOF Group is a clear demonstration of the clean energy priorities of Denmark’s AP Moller Holding. The parent of giant container line …
DOF Group has entered into an agreement to take over Maersk Supply Service (MSS) for $1.1bn in cash and new shares. The deal marks a major shift for Dof, which …
With 2,600 guests flocking to Istanbul from every corner of the world on 28 June, the Bosphorus Ship Brokers Dinner 2024 set a record attendance reflecting Turkey’s growing stature in …
Expectations of a further wave of container ship newbuilding orders could push the orderbook to over 1m teu level again this year. That comes despite the global containership fleet rising …
DNB Markets expects “the robust VLGC freight market to persist due to solid US production and exports, fuelling the arbitrage,” according to new research notes. The Norwegian bank upgraded Dorian …
Canada’s CSL Group has secured a long-term contract to supply a transshipment vessel for a salt and sulphate of potash export facility in western Australia. The 21-year contract, worth AUD …
A new tanker vetting regime will begin in September, the Oil Companies International Marine Forum (OCIMF) says. The charterers’ organisation said on Tuesday that it was putting shipowners on notice …
A new trend has emerged for long-haul suezmaxes, with the first shipments of Kazakhstan crude to the US West Coast. A Chinese-controlled ship became the first to reach California in …
Reports of the death of shipping research coverage at Deutsche Bank may have been a bit premature. On the other hand, the extent of the coverage going forward remains in …
Japan’s ClassNK has okayed the world’s first design for a tanker fuelled by liquid hydrogen. The classification society has been working with Mitsui Engineering & Shipbuilding, Uyeno Transtech and Ya
Saverys family-backed tanker and bulker owner Euronav is changing its name after more than 25 years – finally ending a turbulent period in the company’s history. The move is the …
Jinhui has bought its second capesize, the 178,000-dwt capesize Ocean Courtesy (built 2008, pictured). The ship made headlines last year when it was one of the first trapped bulkers permitted …
One third of all newbuildings ordered in the first half of 2024 was contracted with alternative fuelling systems down on a high from two years ago and at a time …
MSC Mediterranean Shipping Company has reached a 20% market share following its massive expansion, according to Alphaliner. The fleet of the world’s largest ocean carrier is rapidly approaching the n
With Turkey’s shipping scene evolving rapidly, it is no surprise to see the rising maritime power on the Bosphorus catching up on the digital and environmental side of the business. …
Trading in UK shipbuilder Harland & Wolff’s shares has been suspended in London over delayed annual accounts. The halt was made on Monday after the AIM-listed Northern Irish company missed …
South Korean container line and VLCC owner HMM has been classed as a “controlled carrier” by the US Federal Maritime Commission (FMC). The group has been added to the list …
Greek shipowner Evalend Shipping has taken its tanker newbuilding drive past $1bn with a move into a new area of the product market. It is understood to have contracted four …
Singapore’s Consort Bunkers has added to its extensive methanol tanker orderbook with a new deal in China. The company has contracted four 7,999-dwt fuel bunker vessels at Cosco Shipping Heavy …
Two Chinese shipyards are being named as having won product tanker newbuilding deals from Tsakos Energy Navigation (TEN). Sources linked Singapore-listed Yangzijiang Shipbuilding and privately-owned
