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.
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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.
Maritime Safety Breach: UK Port Captain's High Alcohol Level
A 65-year-old captain faces sentencing after admitting he was in command of a containership while exceeding the legal alcohol limit for seafarers
Iran Converts Boxship into Drone Carrier
Iran is launching its first drone carrier, a converted boxship, adding to growing concerns surrounding the situation in the Middle East.
11% Rise in Seafarer Abandonments is “Unacceptable” Says ITF
There has been an alarming 11% increase in the number of crew abandonment cases in 2023 compared to 2022 according to a recent report by the ITF
Yang Ming and Evergreen in Talks for Multiple Feeder Orders
Alphaliner is reporting that the Yang Ming is looking for approximately 15 feeders, whilst Evergreen is seeking to contract for 6 total ships.
Tsakos Expands Fleet with Purchase of Five Viken Tankers
Tsakos has been linked to acquiring five contemporary tankers through an agreement with Viken Shipping, a Norwegian company.