A joint venture between maritime and offshore supplier Exmar LPG and parent company Seapeak (formerly Teekay LNG Partners) has placed orders for cargo handling...
Amid a deepening supply shortage of very large crude carriers (VLCCs), orders for these oil carrier vessels are surging in 2024. Korean shipbuilders are...
The three largest shipbuilders in South Korea have reported annual earnings that improved from a year earlier, thanks to the reduction of nonprofitable orders...
According to broker reports, Oldendorff Carriers has completed the sale of three Chinese-built 13-year-old post-panamaxes, namely Christine Oldendorff, Charlotte Oldendorff and Conrad Oldendorff.Sources...
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, yesterday reported net income of $25.0 million and net income...
G7-linked tankers were carrying a higher proportion of Russian crude exports in February on the month, with the return of Greek operators amid strong...
Iron ore futures rose on Thursday after comments from officials in top consumer China revived hopes for more stimulus measures, although weak fundamentals limited...
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...
