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Teck, Oldendorff Announce Agreement to Outfit Bulk Carrier with Rotor Sails to Reduce Emissions

Global Ship Lease Announces CEO Transition

Maersk Introduces Surcharge on Israel Shipments to Cover Insurance

Deltamarin’s PCTC and LNG carrier designs receive AiPs from DNV

In Depth

Maritime Cyprus 2023 – A Greek Take on a Global Problem

October 12, 2023

Top Stories

Global Ship Lease Announces CEO Transition

Global Ship Lease has announced that Ian Webber, its Chief Executive Officer, has chosen...

Maersk Introduces Surcharge on Israel Shipments to Cover Insurance

Shipping group A.P. Moller-Maersk said on Thursday it will introduce a risk surcharge next...

Deltamarin’s PCTC and LNG carrier designs receive AiPs from DNV

Three designs developed by Deltamarin have received Approval in Principle (AiP) from the classification...

China crude oil imports post first year-on-year decline since April

China’s crude oil imports in November fell 9.2% year-on-year, customs data showed on Thursday,...

Maersk to deploy first large methanol-enabled vessel on Asia – Europe trade lane

Maersk is about to launch the first of its 18 large methanol-enabled vessels currently...

Baltic index extends losses on lower vessel demand

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry...

Editor’s Picks

Castor Maritime: Sale of M/V Magic Moon; Completion of M/V Magic Phoenix sale

Castor Maritime announced that on November 10, 2023, the Company entered into an agreement...

Pyxis Tankers Acquires Modern Dry Bulk Vessel

Genco Advances Fleet Renewal Strategy

TOP Ships: Extension of TCE for Two VLCC Tankers

Dry Cargo

Castor Maritime: Sale of M/V Magic Moon; Completion of M/V Magic Phoenix sale

Pyxis Tankers Acquires Modern Dry Bulk Vessel

Genco Advances Fleet Renewal Strategy

Diana Shipping Announces Time Charter Contract for m/v DSI Andromeda

Golden Ocean Reports Lower Third Quarter Income

Tankers

Maersk Tankers orders up to 10 ammonia carriers

BIMCO: Growing oil market imbalances drive tanker improvements

Atlas Maritime linked to order of suezmax tankers

A new chapter for Euronav

TOP Ships: Extension of TCE for Two VLCC Tankers

Containers

Global Ship Lease Announces CEO Transition

Maersk to deploy first large methanol-enabled vessel on Asia – Europe trade lane

Clasquin: Exclusive Negotiations With SAS, Subsidiary of MSC

Maersk to invest in integrated supply chain capabilities in Southeast Asia

Euroseas sees Q3 profit increase, issues dividend of $0.50 per share

Gas

NYK Concludes Time Charter Agreement for Fuel Ammonia Transport

Awilco LNG refinances ships in leasback deal

BW LPG Signs Joint Venture Agreement with Confidence Petroleum

Delfin Signs 15-year LNG Supply Agreement With Gunvor

LNG demand for bunkering to intensify in Med with new emissions rules

Offshore

Britain To Legislate For Annual North Sea Oil And Gas Licence Rounds

Seaway7 awarded contract offshore Poland

Eneti Signs Installation Contract for Newbuild WTIV

Transocean Adds $745 Million to Contract Backlog

MOL becomes new strategic shareholder in Odfjell Oceanwind

Shipbuilding

Deltamarin’s PCTC and LNG carrier designs receive AiPs from DNV

HMM orders LNG-fueled PCTCs for charter to Hyundai Glovis

Seaspan enters new market segment with strategic order of new dual-fuel LNG Pure Car and Truck Carrier vessels

Maersk Tankers orders up to 10 ammonia carriers

Atlas Maritime linked to order of suezmax tankers

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Global Ship Lease Announces CEO Transition

Global Ship Lease has announced that Ian Webber, its Chief Executive Officer, has chosen to retire from the CEO role he has held since...

Awilco LNG refinances ships in leasback deal

Awilco LNG announcde that a term sheet for refinancing of the Company’s two 2013-built 156,000 cbm TFDEs WilForce and WilPride has been agreed and...

George Economou acquires 5% stake in Seanergy

According to a relevant SEC filing, George Economou has acquired a stake in Seanergy Maritime. Specifically, the filing shows Sphinx, a subsidiary of Maryport Navigation,...

Frontline Reports $107.7 Million Profit in Q3

Frontline reported unaudited results for the nine months ended September 30, 2023: Highlights Profit of $107.7 million, or $0.48 per basic and diluted share for the...

Euronav: Dividend Distribution For Q3 2023 & Business Update

Euronav NV provides a business and dividend update following the recent board and management changes. The Supervisory board has agreed to distribute USD 0.57 per...

Maersk to deploy first large methanol-enabled vessel on Asia – Europe trade lane

Maersk is about to launch the first of its 18 large methanol-enabled vessels currently...

Baltic index extends losses on lower vessel demand

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry...

IMO Adopts Tougher Resolution to Tackle ‘Shadow’ Tanker Fleet

The United Nations’ shipping agency on Wednesday adopted a resolution targeting illicit shipping practices...

Weaker vessel rates push Baltic index lower

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry...

Panama Chaos Grows as US Diesel Shippers Bypass Canal

The worsening bottlenecks at the drought-stricken Panama Canal are pushing at least one US...

Clasquin: Exclusive Negotiations With SAS, Subsidiary of MSC

Mr. Yves REVOL and OLYMP, controlling shareholders of Clasquin SA (Paris:ALCLA), announced that they have entered into exclusive negotiations with SAS Shipping Agencies Services...

Port Houston Breaks Export Record

October was the biggest month ever for loaded exports at Port Houston, up 6% compared to last October. Port Houston’s loaded exports are up...

Port of Piraeus working on first shore power connection slots for 2024

The Piraeus Port Authority (PPA), which manages the largest and busiest port in Greece, announced the first five shore power connection slots for ferry...

Two major US cruise operators interested in buying Lavrio port

The tender for the concession of Lavrio port is set to begin in the next few weeks. Sources tell Kathimerini there are at least two...

Biden Administration Invests Over $650 mln in US Ports to Strengthen Supply Chains

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the nation under the Port...