Sanctioned Russian Tanker Immediately Reverses
Following the imposition of US sanctions, a Russian oil tanker swiftly altered its course near Portugal.
Shipping
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.
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
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.
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.
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.
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.