6 Mar 2024

Doubled Market Share for Non-Alliance Liners

Presence of independent shipping lines in the Asia-Europe trade route has seen a significant increase, with market share doubling within a year.

Doubled Market Share for Non-Alliance Liners
6 Mar 2024

Sanctions Intel Added to Platform by RightShip

The ship vetting service RightShip is enhancing its offering by providing its users with critical information on sanctioned entities and vessels.

Sanctions Intel Added to Platform by RightShip
5 Mar 2024

Hafnia Repurchases Five of its Vessels

Singapore's BW Group subsidiary, Hafnia, announces repurchase of several vessels following a record-breaking profit year, the 2nd in succession.

Hafnia Repurchases Five of its Vessels
5 Mar 2024

More Containerships Sold by Capital Product Partners

Capital Product Partners is continuing to divest its containership assets as part of its strategic pivot towards specializing in LNG carrier ops

More Containerships Sold by Capital Product Partners
5 Mar 2024

Houthis Increasing Grip on Shipping in Red Sea

Following their initial successful attack on a vessel, Houthis have declared any ship entering their territorial waters must secure a permit.

Houthis Increasing Grip on Shipping in Red Sea
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