Chung Ki-sun, grandson of Hyundai Group founder Chung Ju-young, officially takes the helm of the world’s largest shipbuilding group, ushering in the new generation...
U.S. crude oil and fuel stockpiles fell last week as demand jumped, the Energy Information Administration said on Wednesday, further exacerbating tight world supplies...
Sembcorp Marine, through its wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters Pte Ltd, has secured a contract for the construction of a Wind Turbine...
OceanPal, a global shipping company specializing in the ownership of vessels, reported net income of $134 thousand and net income attributed to common stockholders...
Egypt said Tuesday it will increase transit fees for vessels, including oil-laden tankers, passing through Suez Canal, one of the world’s most crucial waterways....
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Engelhart CTP Freight (Switzerland) SA, for...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...
