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.
Shipping
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.
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.
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.
ARC Ro-Ro Ship Now Under U.S. Flag
ARC has successfully expanded its maritime fleet, welcoming its ninth U.S.-flagged roll-on roll-off vessel, now known as the M/V ARC Honor.
Harassment Crisis Aboard Canadian Ships
SIU Canada discloses concerning findings from a recent study, showing almost half the maritime workforce has encountered harassment or bullying.
Neptune Lines Doubles Down on Dual-Fuel Car Carriers in China
Neptune Lines, owner and operator of Greek vehicle carriers, has increased the number of vessels at the Fujian Mawei shipyard in China.
French Engineers Present Cutting-Edge Hydrogen Carrier Design
A team of French specialists with knowledge of gas technology has introduced an initial concept for a liquefied hydrogen carrier.
End of an Era as Swire Phases Out Westwood Brand
Westwood Shipping Lines, known for its specialized vessel ops between the Pacific NW and NE Asia, has recently been rebranded as Swire Shipping.
Modern Tankers Join TEN's Growing Fleet
TEN, a Greek shipping company listed in New York, announced the purchase of five contemporary tankers, as reported by Splash earlier this month.
Japanese Partnership Plans to Reduce Emissions From Oil Imports
In order to design and build a low-carbon emission very large crude carrier (VLCC), four Japanese players have joined forces.
Saltchuk Ventures Launch 2nd Takeover Bid for OSG Privatization
Saltchuk has renewed its focus on Overseas Shipholding Group (OSG) after withdrawing its pursuit of the Tampa-based company in September 2021.
Panagiotidis: Twin Castor Bulk Carriers Added to Fleet
Castor Maritime, a Cyprus-based shipping company, has recently finalized the sale of two of its panamax bulk carriers from 2010.
IACS Rolls Out 2024 Blue Book for Maritime Professionals
The 2024 edition of the Blue Book has been disclosed by the International Association of Classification Societies (IACS).
Hafnia and Mercuria Unite for Panamax Pool Initiative
Hafnia Panamax Pool, a new joint venture, has been announced by BW Group's product tanker, Hafnia, and the well-known commodity trader, Mercuria.
Crisis in Red Sea Halts UN's Completion of FSO Safer Ops
The ongoing maritime crisis in the Red Sea has led to the halting of efforts to dismantle the FSO Safer, an aging tanker.
Vroon Expands Livestock Fleet After Buying Vessel From Tsuneishi
Dutch Shipping company Vroon has majorly strengthened its fleet with acquisition of a livestock carrier from Japan’s Tsuneishi Group.
Congo's Flag Ranked Lowest Globally
The ICS released an annual report ranking the DR of Congo as the lowest-performing shipping flag among over a hundred registries evaluated.
Economou Expands Influence in OceanPal Holdings
Greek shipping tycoon George Economou has recently increased his shareholding in OceanPal, a dry bulk company with connections to the Palios family
THE Alliance Members Forge Robust Partnerships
In an attempt to quell speculation about its future, THE Alliance members have issued a statement reassuring that their operations will proceed as usual.