31 Dec 2023

Wheat Futures Rose After Mine Incident in Ukraine

Wheat futures rose due to incident in Black Sea where a vessel preparing to load grain from Ukraine struck a mine, increasing fears of turbulence

Wheat Futures Rose After Mine Incident in Ukraine
22 Dec 2023

New Horizons: Beks Maneuvers Its Only Newcastlemax Vessel

According to Brokers, the Bekmezci family sold their first and only large cargo ship, a newcastlemax, after having it for a year.

New Horizons: Beks Maneuvers Its Only Newcastlemax Vessel
22 Dec 2023

Harim Group Chosen to Acquire HMM

The Harim Group has been chosen by state-owned creditors to acquire a controlling interest in HMM, South Korea's premier shipping company.

Harim Group Chosen to Acquire HMM
18 Dec 2023

IMO Secretary-General Role Given to Arsenio Dominguez Velasco

The appointment of Arsenio Antonio Dominguez Velasco as the secretary-general commencing on January 1, 2024, was officially certified by the IMO.

IMO Secretary-General Role Given to Arsenio Dominguez Velasco
18 Dec 2023

Port NOLA Renews MoU Agreement with CORBA

On Monday, the Central Ohio River Business Association (CORBA) announced the latest development in its partnership with the Port of New Orleans.

Port NOLA Renews MoU Agreement with CORBA
15 Dec 2023

MOL Inaugurates Seafarer Manning Company In Indonesia

Partnership is scheduled to commence operations in April 2024, focusing primarily on supplying seafarers for the MOL Group’s LNG carrier fleet.

MOL Inaugurates Seafarer Manning Company In Indonesia
15 Dec 2023

FPSO Atlanta: Yinson's Fleet Addition Poised for 2024 Launch

In a grand event at Dubai Drydocks World on December 13, 2023, Yinson Production warmly welcomed the latest jewel in its crown, the FPSO Atlanta.

FPSO Atlanta: Yinson's Fleet Addition Poised for 2024 Launch
15 Dec 2023

IMO Commemorative Farewell for Secretary-General Kitack Lim

Resolution entitled "Appreciation of the Services of Mr Kitack Lim" recognizes Mr. Lim's leadership and achievements during his tenure at the IMO

IMO Commemorative Farewell for Secretary-General Kitack Lim
15 Dec 2023

Ocean Carriers Re-enter Charter Market Due to Increased Demand

Anticipation of better-than-expected demand across trade routes leads ocean carriers to re-enter charter market in search of available tonnage.

Ocean Carriers Re-enter Charter Market Due to Increased Demand
13 Dec 2023

Havfram Achieves a Deal for German Offshore Wind

Havfram Wind seals contract for work on wind turbine transport and installation on RWE’s 1.6GW offshore wind farm found in the German North Sea.

Havfram Achieves a Deal for German Offshore Wind
13 Dec 2023

Largest Global Car Carrier Gets Green Light in Principle

Deltamarin has recently obtained Approval in Principle (AiP) from DNV for their groundbreaking design of an 11,000 CEU pure car and truck carrier

Largest Global Car Carrier Gets Green Light in Principle
12 Dec 2023

Toyo Secures Deal with VARD for Tailored Hybrid Cable Layer

VARD inks $200 million agreement with Toyo. The contract covers planning and construction of an advanced hybrid cable lay and construction vessel

Toyo Secures Deal with VARD for Tailored Hybrid Cable Layer
9 Aug 2022

NYK’s LNG to Ammonia Fuel Tugboat Plan Pushes Forward

Agreement between NYK & Keihin Dock Co., Ltd, a member of the NYK Group, is reached for the modification of a tugboat to ammonia-fuel standards.

NYK’s LNG to Ammonia Fuel Tugboat Plan Pushes Forward
8 Aug 2022

Prax Group Acquires New 68 Meter Tanker

The Prax Group of Companies company, Harvest Energy Marine, has announced the acquisition of the Fortuna II, a brand-new tanker.

Prax Group Acquires New 68 Meter Tanker
7 Aug 2022

Karpowership Fails to Overturn Environmental Ruling

After receiving objections from environmentalists over Karpowership's impact on fisheries & ecosystems South Africa rejects original proposal.

Karpowership Fails to Overturn Environmental Ruling