Sector
-
New study makes the case for hydrogen-powered boxships on the transpacific by 2030
Regular hydrogen-powered containership services on the transpacific could be a common sight by 2030, a new report from Washington-based non-profit,…
Read More » -
Measuring maritime emissions well-to-wake can drive development of renewables
The challenge of achieving net zero carbon emissions should be shared along the supply chain, not placed on shipowners alone,…
Read More » -
UK pursues car carrier cartel investigation
The UK is set to pursue its own investigation into car carrier cartel behaviour, following on from other similar enquiries…
Read More » -
Oman Shipping takes Scorpio Bulkers ultramax
Oman Shipping has acquired the 2015-built 63,700 dwt bulk carrier as the company continues to expand its ultramax fleet. Multiple…
Read More » -
Falcon swoops for Eagle Melbourne MR2
Greece’s Falcon Navigation has acquired 2011-built Japanese MR2 product tanker , according to shipbrokers. According to both Seasure Shipbroking and…
Read More » -
Waruna continues to accumulate tankers with $8.4m Interorient deal
Indonesia’s Waruna Nusa Sentana continues to add to its fleet, sealing its third deal this year with brokers reporting the…
Read More » -
Fugro pulls plug on €500m fundraiser
Dutch seismic and subsea services firm Fugro has decided not to proceed with a €500m ($552.7m) offering of senior secured…
Read More » -
Shenzhen offers $58.6m worth of coronavirus subsidies
Shenzhen Municipal Transport Bureau has offered total subsidies of RMB410m ($58.6m) to support the local shipping industry get through challenges…
Read More » -
DNV GL launches energy transition startup fund
Norwegian classification society DNV GL has launched a venture fund in response to the challenges of energy transition and the…
Read More » -
Vroon awarded extension by BP for four ERRVs
Vroon Offshore Services has been awarded a three-year contract extension with BP for four emergency response and rescue vessels. The…
Read More » -
EMGS secures Namibia survey
Offshore survey service provider Electromagnetic Geoservices has received a letter of intent, with a minimum value of $3.6m, from an…
Read More » -
Augustea and Fagioli team up to create AF Marine
The Zagari-controlled Augustea Malta Holding has joined forces with the Italian project cargo and heavy lift handling specialist Fagioli in…
Read More » -
TPM cancelled hours before it was meant to open its doors in Long Beach
TPM, container shipping’s largest event, was cancelled over the weekend, less than 24 hours before it was scheduled to open…
Read More » -
Liner bankruptcy potential at highest levels recorded
Container shipping has been warned in a new report it could face another Hanjin Shipping style collapse with one key…
Read More » -
Dark patches around grounded Polaris VLOC spark fears of bunker spill
Aerial images recorded by the Brazilian Navy yesterday show a series of dark spots around the , a fully laden…
Read More » -
SM Line cuts executive salaries by 10 percent citing coronavirus outbreak
South Korean shipping firm SM Line has announced that it will cut the salaries of company executives by 10 percent…
Read More » -
Breakwave Advisors: Profiting from the coronavirus
One man who has profited tidily from the turmoil seen in the dry bulk markets this year is John Kartsonas,…
Read More » -
Pioneer Marine appoints new CEO as Janholt retires
Greek dry bulk operator Pioneer Marine’s CEO Torben Janholt will step down from his position and retire, with current COO Dimitrios…
Read More » -
Cape sales withdrawn from the market
While the cape sector might have picked itself off the floor in terms of spot earnings this week, it remains…
Read More » -
Diana Shipping finds new deal for Norfolk capesize
Greek dry bulk owner Diana Shipping has signed a new agreement to sell 2002-built capesize . The price of the…
Read More »