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Tuesday, June 25, 2024
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QatarEnergy places LNG carrier orders at South Korean yards

Daewoo Shipbuilding & Marine Engineering reported receiving the first order under the advance reservation agreement reached with Qatar in 2020 while saying that additional...

ABS, HHI & RMI to Develop World’s Largest Liquified CO2 Carrier

A next generation ultra large, liquefied carbon dioxide (LCO2) carrier is to be developed in a groundbreaking project between ABS, Hyundai Heavy Industries Group...

CMA CGM Orders Its First Methanol-Powered Containerships

CMA CGM has placed its first order for methanol-powered vessels in an effort to expand its energy mix and become carbon neutral by 2050....

ONE announces signing of Ship Building Contracts for Ten Very Large Container Ships

Ocean Network Express Pte. Ltd. has signed ship building contracts with both Hyundai Heavy Industries Co. Ltd. and Nihon Shipyard Co., Ltd. to construct...

Tsakos linked to feeder container ship order at HHI

According to media reports, Greece’s Tsakos Group has placed an order at S. Korea’s Hyundai Heavy Industries for 4 feeder containership newbuildings, set for...

Seaspan Orders Four LNG Containerships

Seaspan Corporation, a wholly-owned subsidiary of Atlas, announced that it has entered into agreements with a major shipyard to construct four ultra-modern 7,700 TEU...

Globus Signs New Building Agreements for 2 Bulk Carriers

Globus, a dry bulk shipping company, announced that it has signed two contracts for the construction and purchase of two fuel efficient bulk carriers...

KSOE and SHI Win Orders for LNG Carriers

Korea Shipbuilding & Offshore Engineering (KSOE), the shipbuilding holding company of Hyundai Heavy Industries Group, announced that it has signed a contract with an...

Samsung Heavy wins order for 3 LNG carriers

Samsung Heavy Industries Co., the world's No. 3 shipbuilder by order backlog, said Tuesday it has bagged a 862.3 billion-won (US$671 million) order to...

Thyssenkrupp eyes German shipyard industry consolidation

Germany’s second-largest defence group Thyssenkrupp Marine Systems wants to play a leading role in consolidating the German and European shipyard industry, its new Chief...

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TEN Reports Profits for the First Quarter 2024

TEN reported results (unaudited) for the quarter ended March 31, 2024. Q1 2024 SUMMARY RESULTS The first quarter of 2024 has been the springboard for TEN's...

Scorpio Tankers announces updates on its securities repurchase program and second quarter of 2024 daily TCE revenues

Scorpio Tankers announced updates on its securities repurchase program and second quarter of 2024 daily TCE revenues. Securities Repurchase Program The Company recently repurchased 641,654 of...

V. Group embarks on new chapter of growth as consortium led by STAR Capital assumes ownership

V.Group, the global provider of mission critical services to the maritime industry, announced that a consortium led by STAR Capital including Ackermans & van...

Navigator Gas announces 6 million share secondary offering

Navigator Holdings revealed that BW Group Limited, a shareholder in the company, is publicly offering 6 million shares of Navigator Gas's common stock. The...

Vantage Drilling contemplates the listing of its shares on Euronext Growth in Oslo

Vantage Drilling International is currently exploring a possible listing of its shares on Euronext Growth Oslo, a multilateral trading facility operated by Euronext. A...

Celebrating seafarers worldwide on 25 June: International Day of the Seafarer

On the International Day of the Seafarer, IMO Secretary-General Mr. Arsenio Dominguez pays tribute...

Baltic index falls as larger vessel rates dip

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry...

Emanuele Grimaldi re-elected as Chairman of the International Chamber of Shipping

The International Chamber of Shipping (ICS) Board of Directors has unanimously re-elected Emanuele Grimaldi,...

Baltic index hits more than one-month high on strong capesize demand

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry...

Trauma from Red Sea attacks adds to seafarer shortage

When a missile fired by Yemen’s Houthi Islamists landed near his ship in the...

India approves new deep sea port to boost trade with Europe

India’s cabinet approved development on Wednesday of a new deep-water port that the government said will be a crucial part of a plan to...

DP World Romania doubles container shipping capacity in Black Sea port

DP World Romania has more than doubled its container shipping operating capacity in the Black Sea port of Constanta following investment that will also...

PPA: Two-day workshop on the preparation of the Regulation for tugboats

On May 29 and 30, 2024, PPA conducted an interactive workshop for the study and preparation of the Regulation for tugboats, following the issuance...

Zero Emission Port Alliance onboards leading organisations in container port industry

The Zero Emission Port Alliance (ZEPA) announces the onboarding of 11 organizations from the container port industry. Among the members are APM Terminals, CATL,...

Port Hedland Iron Ore Exports Up 8%

Pilbara Ports delivered a total monthly throughput of 68.8 million tonnes (Mt) for May 2024. This throughput was a 10 per cent increase compared to...