Today

Globus Maritime Sells Supramax as Part of Fleet Renewal

Nasdaq-listed Greek dry bulk owner Globus Maritime continues to modernize its fleet by selling off older vessels to make way for newer tonnage.

Globus Maritime Sells Supramax as Part of Fleet Renewal
Today

COSCO Shipping Energy Plans $378M Investment in Six Tankers

COSCO Shipping Energy Transportation has unveiled plans to invest CNY 3.496 billion ($378.3 million) in the construction of six new tankers.

COSCO Shipping Energy Plans $378M Investment in Six Tankers
1 day ago

Houthi Leader Warns of Renewed Threats to Red Sea Shipping

Houthis issue warning, stating they're ready to resume attacks on ships transiting the Red Sea if ceasefire between Israel and Hamas collapses.

Houthi Leader Warns of Renewed Threats to Red Sea Shipping
1 day ago

Hanwha Ocean to Construct LNG Carriers for Hanwha Shipping

South Korean shipbuilder Hanwha Ocean has secured contracts to build two LNG carriers for its affiliated company, Hanwha Shipping.

Hanwha Ocean to Construct LNG Carriers for Hanwha Shipping
1 day ago

Global Boxship Orders Surge Past 9 Million TEU

France’s CMA CGM and Taiwan’s Evergreen are the latest global shipping giants to expand the record-breaking containership orderbook,.

Global Boxship Orders Surge Past 9 Million TEU
2 days ago

Somali Pirates Resurface, Threatening Merchant Vessels

Shipping companies have been alerted to the resurgence of Somali pirates, who are once again actively seeking targets.

Somali Pirates Resurface, Threatening Merchant Vessels
2 days ago

Hapag-Lloyd Expands Dual-Fuel Containership Fleet

Hapag-Lloyd is moving forward with additional dual-fuel containership orders, returning to South Kora to commission six 16,800 TEU vessels.

Hapag-Lloyd Expands Dual-Fuel Containership Fleet
2 days ago

US Container Imports Hit Record High in January

US container imports surged to a new record in January, with shipments from China rising for a second consecutive month, according to Descartes.

US Container Imports Hit Record High in January
3 days ago

Crude Oil Tanker Koala Runs Aground After Engine Explosions

February 9, a crude oil tanker carrying 130,000 tons of oil ran aground at Ust-Luga Port, Russia, following three explosions in its engine room.

Crude Oil Tanker Koala Runs Aground After Engine Explosions
3 days ago

Bangladesh Coast Guard Seizes Vessels for Illegal Fuel Transfer

The Bangladesh Coast Guard has intercepted and seized a chemical tanker and a Bangladeshi vessel for conducting an unauthorized fuel transfer.

Bangladesh Coast Guard Seizes Vessels for Illegal Fuel Transfer
6 days ago

U.S. Expands Sanctions Targeting Iranian Oil Shipments

Trump acts on pledge to increase pressure on Iran by imposing sanctions on those accused of facilitating the transport of Iranian oil to China.

U.S. Expands Sanctions Targeting Iranian Oil Shipments
6 days ago

Olympic Orders Two Energy-Efficient Offshore Vessels

Norwegian offshore operator Olympic expands fleet with offshore construction vessels, set to be built at China Merchants Heavy Industry shipyard

Olympic Orders Two Energy-Efficient Offshore Vessels
7 days ago

Maersk Reports Strong 2024, Red Sea Uncertainty Looms

In 2024, Maersk, Denmark’s largest shipping company, marked its third-best financial year in its entire 121-year history.

Maersk Reports Strong 2024, Red Sea Uncertainty Looms
5 Feb 2025

Hapag-Lloyd Secures Green Financing for 24 New Vessels

Germany’s Hapag-Lloyd has finalized funding arrangements for its 24-vessel newbuilding program, which was approved last year.

Hapag-Lloyd Secures Green Financing for 24 New Vessels
5 Feb 2025

Captain of Silver Breeze Faces Charges After Grounding

The captain of Ro-Ro/passenger vessel Silver Breeze is facing prosecution following the ship’s grounding in the West Harbor of Tomakomai, Japan.

Captain of Silver Breeze Faces Charges After Grounding