Shipping

Hede Int. Shipping Added to Controlled Carrier List by FMC

This classification means Hede (HONGKONG) International Shipping Limited will be included on the Commission’s Controlled Carrier List.

A stenciled CCTV camera on a wall

Fastest Growing Ship Register Doubles Size in One Month

Last year, Gabon, a nation along the Atlantic coastline of Central Africa, was identified as the shipping registry with the quickest growth.

The flag of Gabon

Broker BRS Warns Grey Fleet Will Turn Darker

Luxembourg brokerage firm BRS issues caution that grey fleet is set to deepen in obscurity as enhanced sanctions increasingly constrict Russia.

A tanker at sea

Sanko Steamship Prepares to Leave Shipping Industry

A prominent figure in the annals of Japanese maritime commerce, Sanko Steamship, is on the verge of halting its shipowning activities.

Th Japanese flag outside an office buiding

ICS Fights Harassment in Maritime Sector

The ICS has recently unveiled a comprehensive framework aimed at eradicating harassment and bullying within the maritime industry.

Person with a bullying sign on their back saying 'kick me'

Minerva Marine Says Farewell to Its Oldest Capesizes

Minerva Marine of Greece has capitalized on the thriving dry bulk market by selling its most aged capesize ships.

Bulk carriers at sea

Prototype Onboard System Captures 85% Carbon

The EverLoNG initiative, focusing on pioneering SBCC technology, has reported successful capture rates reaching 85% in its preliminary trials.

Aerial view of an LNG carrier at night

CMA CGM Launches Redesigned Container Ship Look

Across Asia a new generation of containerships is being launched, marking the dawn of an environmentally friendlier phase in maritime transport.

A CMA CGM vessel in port

MSC Conducts Trials for State-of-the-Art Bow Windshield

MSC has joined the ranks of shipping lines experimenting with bow windshields as a strategy to reduce fuel expenses.

An MSC container ship

Arkas Line Establishes Footprint in the United States

Arkas Line is broadening its presence in the US, establishing connections between Mediterranean, Black Sea, African ports & the eastern seaboard.

The Turkish coastline

Star Bulk’s Kamsarmax Newbuild Series Now Five

Greek dry bulk giant Star Bulk Carriers discloses further developments in its fleet renewal efforts, revealing additional kamsarmax newbuilds.

A bulk  carrier  at sea

Sanctioned Russian Tanker Immediately Reverses

Following the imposition of US sanctions, a Russian oil tanker swiftly altered its course near Portugal.

The Russian flag

QatarEnergy and Nakilat Land Deal for 25 LNG Newbuilds

Based in Doha, Nakilat will acquire 174,000 cubic meter units scheduled for construction in South Korea and lease them to QatarEnergy affiliates.

An aerial view of Doha, Qatar

2020 Bulkers sells Newcastlemax pair for $127m

2020 Bulkers, the owner of Newcastlemax vessels, has divested two bulkers constructed in 2019 to an independent third party for $127.5 million

A bulk carrier passing a cruise ship

Capesize Dominates with S&P deals

Investors in the cape market showed significant interest last week prior to the start of the Chinese New Year festivities.

Aerial view of a bulk carrier

6 Chemical Tankers Ordered in New Venture by NYK & Stolt

NYK Stolt Tankers, a collab between the Japanese company NYK & chemical tanker leader Stolt-Nielsen, places order for 6 stainless steel vessels.

Two tankers under gloomy skies

Shih Wei Navigation Finalizes Bulker Orders

Shih Wei Navigation recently broke a nearly ten-year streak without orders by entering agreements for the construction of new bulk carriers.

A bulk carrier

Hayfin Contracts Oshima Shipyard for Construction of Bulkers

Hayfin Capital Management has secured the services of Oshima Shipbuilding in Japan to develop two post-Panamax bulk carrier new constructions.

The silhouette of a bulk carrier at sunset

Vietnam's VLCC Fleet Demonstrates Continuous Growth

Greece's Capital Maritime and Trading has recently completed the sale of the most recently built VLCC now flying the Vietnamese flag.

The Vietnamese flag

GEFO Secures 10 Chemical Tankers for Strategic Operations

GEFO is extending its fleet by acquiring 10 chemical tankers crafted from stainless steel at the Xiangyu shipyard in Nantong, China.

A tanker ship at sea