News

News

Wan-Hai

January 27, 2021

Wan Hai Lines has ordered a dozen 3,013 TEU newbuildings from the Japan Marine United Corporation (JMU) and Nihon Shipyards. (more…)
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Hyundai-Heavy-Industries

January 27, 2021

Hyundai Heavy Industries Group has decided to push for an initial public offering of its unlisted affiliate Hyundai Heavy Industries Co. within 2021. (more…)
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Polarcus

January 27, 2021

Lenders took control of Polarcus’s ships on Tuesday after the seismic surveyor defaulted on its bank loans and bonds, hit by a drop in spending...
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MT_achileas

January 27, 2021

The U.S. is trying to seize around 2 million barrels of what it thinks is Iranian oil, according to people familiar with the matter, in...
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containers

January 27, 2021

A huge pile up of fish cargoes at a Chinese port risks impacting shipments of frozen food across the country and beyond. (more…)
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tsantanis

January 27, 2021

Seanergy Maritime Holdings Corp. announced that it has joined the “Neptune Declaration on Seafarer Wellbeing and Crew Change”, a global coalition between over 300 companies...
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kawasaki_heavy_industries

January 27, 2021

Japan’s Kawasaki Heavy Industries is aiming to replicate its success as a major liquefied natural gas (LNG) tanker producer with hydrogen, a key element that...
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ships

January 27, 2021

The Baltic Exchange’s main sea freight index on Tuesday dropped for a third straight session to its lowest in over two weeks, as a seasonal...
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Bimco_tanker

January 26, 2021

Tanker shipping was in many ways the odd one out of the shipping sectors in 2020; at the start of the pandemic, the market was...
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Diamond-drillship

January 26, 2021

Diamond Offshore Drilling, Inc. announced that it has entered into a plan support agreement with holders of over 70% of each of its senior unsecured...
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Hyundai-Mipo

January 26, 2021

Hyundai Mipo Dockyard has signed a sales and supply contract for two petrochemical product carriers worth KRW 80 billion ($72.7 million). (more…)
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Azamara

January 26, 2021

The Pacific Princess ship will join Azamara's fleet as the line's fourth ship, and the first to be added under its soon-to-be owner, private equity...
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ABS

January 26, 2021

ABS, Nanyang Technological University (NTU), Singapore, and the Ammonia Safety and Training Institute (ASTI) are collaborating on a study of the potential of ammonia for...
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pirates_Somali

January 26, 2021

Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional navies. On Saturday, pirates off Nigeria kidnapped 15 sailors from...
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Dalian Iron Ore

January 26, 2021

Benchmark iron ore futures in China were trading in a narrow range on Monday, following a fifth straight weekly drop in mills’ utilisation rates, although...
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