Shipping

5 Mar 2024

Nike & CMA CGM Collaborate on Biofuel Trial

The sportswear behemoth Nike has entered into an agreement with the French shipping company CMA CGM to employ eco-friendly biofuel.

Nike & CMA CGM Collaborate on Biofuel Trial
5 Mar 2024

$400M Fairfield Acquisition Sees MOLCT Increase Tanker Fleet

MOL Chemical Tankers (MOLCT), an entity fully owned by Mitsui O.S.K. Lines (MOL), has finalized its purchase of Fairfield Chemical Carriers.

$400M Fairfield Acquisition Sees MOLCT Increase Tanker Fleet
4 Mar 2024

Norwegian VLCC Sale Sets New Yardstick

The transaction involving a VLCC under the Norwegian flag has established a fresh high point, reflecting the ongoing rise in tanker asset prices.

Norwegian VLCC Sale Sets New Yardstick
4 Mar 2024

Initial VLCC Orders Confirmed by Trafigura

Trafigura is tackling the scarcity of contemporary supertanker capacity by venturing into the construction of its very first VLCCs.

Initial VLCC Orders Confirmed by Trafigura
1 Mar 2024

New Order of Two Newcastlemaxes from Berge Bulk in China

CSSC Qingdao Beihai Shipbuilding, recognized as the premier builder of newcastlemax vessels has secured an order for two ammonia-ready bulkers.

New Order of Two Newcastlemaxes from Berge Bulk in China
1 Mar 2024

One More Handy Bulker Offloaded by Grindrod

Grindrod Shipping is proceeding with its strategy to offload ships, announcing the sale of another handysize vessel from its fleet.

One More Handy Bulker Offloaded by Grindrod
1 Mar 2024

Initial Failure of Genco's Sale of Two Capesize Vessels

Genco Shipping & Trading, a US-listed operator of bulk carriers, has not succeeded in its initial attempt to finalize sale of 2 capesize vessels.

Initial Failure of Genco's Sale of Two Capesize Vessels
1 Mar 2024

Joint Venture Formed in Vietnam by Thailand's Mermaid Maritime

Mermaid Maritime of Thailand, through its subsea services division, has formed a joint venture in Vietnam with local provider, Tan Cang Offshore.

Joint Venture Formed in Vietnam by Thailand's Mermaid Maritime
1 Mar 2024

Record Levels of Sales Seen by Newcastlemax Vessels

Large bulk carriers are earning significant profits, with the frequency of transactions involving these ships reaching high levels.

Record Levels of Sales Seen by Newcastlemax Vessels
1 Mar 2024

Fastest Growing Containerline Fleet is Lidl's Tailwind

Fastest expanding fleet in percentage terms belongs to company more commonly linked with budget-friendly products found in European supermarkets!

Fastest Growing Containerline Fleet is Lidl's Tailwind
29 Feb 2024

Four VLCC's Ordered from South Korea by DHT

DHT Holdings has finalized contracts for the construction of four very large crude carriers (VLCCs) in South Korea, with deliveries during 2026.

Four VLCC's Ordered from South Korea by DHT
29 Feb 2024

Euroseas Fits Out Newbuild with Sights Set Upon Box Market

Euroseas, is leveraging the current uptick in the containership sector by securing a new long-term charter agreement for one of its feeder ships.

Euroseas Fits Out Newbuild with Sights Set Upon Box Market
28 Feb 2024

Intermarine Welcomed by SAL & Jumbo in Heavy Lift Alliance

Jumbo Shipping and SAL Heavy Lift, a specialist in breakbulk and project cargo, have partnered with Intermarine to create a new joint venture.

Intermarine Welcomed by SAL & Jumbo in Heavy Lift Alliance
28 Feb 2024

New Secretary General Elected by Mission to Seafarers

The Mission to Seafarers, a Christian org dedicated to the welfare of maritime workers revealed Peter Rouch will be appointed as secretary general

New Secretary General Elected by Mission to Seafarers
28 Feb 2024

Ocean Alliance Extends Deal for Five More Years

The consortium of container shipping companies known as the Ocean Alliance has decided to prolong their collaboration for an additional 5 years.

Ocean Alliance Extends Deal for Five More Years