Sector
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Descartes Systems acquires Kontainers
Descartes Systems, a Canadian logistics software service provider, has announced that it has acquired Cracking Logistics, which is trading under…
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Perenco closes in on asset play for its only VLCC
French oil and gas player Perenco is attempting a giant asset play, a rare move by the vintage tanker specialist.…
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Diana Shipping newcastlemax gets pay rise with new Engelhart fixture
Greek dry bulk owner Diana Shipping has managed to fix one of its newcastlemax bulkers at a higher price than…
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Solstad Offshore awarded new North Sea PSV deals
Norway’s Solstad Offshore has been awarded contracts for two platform supply vessels, supporting an operator in the North Sea. The…
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Shenzhen to build China’s first offshore LNG bunkering terminal
The Shenzhen government, PetroChina, Shenzhen Gas Group and Yantian Port Group have signed an agreement to jointly develop China’s first…
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China Railway Construction orders crane vessel at ZPMC
China Railway Construction Corporation (CRCC) has placed an order at Shanghai Zhenhua Heavy Industries (ZPMC) for the construction of a…
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Cape resurgence in the spotlight
Capesizes continue to climb out of the abyss, notching another $1,000 in spot earnings yesterday and nearing five-digit territory, leading…
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IMO and UNCTAD reiterate urgent crew repatriation message
Two UN bodies yesterday repeated urgent calls to quickly resolve the humanitarian crisis unfolding on ships across the world, stressing…
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Carriers urged to follow the digital path created by banks
In the 14 months since he moved to Amsterdam as the founding CEO of the Digital Container Shipping Association (DCSA),…
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Germany paves way for green hydrogen future
After six months of inter-ministerial debates, and two weeks of last minute haggling, the German government finally adopted its national…
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Wah Kwong takes next step in shipmanagement drive with Shenzhen office opening
Wah Kwong, a bluechip name in Hong Kong shipowning circles, today takes another stride in its business strategy to serve…
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Weekly Broker: Activity picks up
The secondhand dry bulk sale and purchase market has seen a pickup of activities in the past week with improved…
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Eastern Pacific bags firm price for Chinese-built ultramax
Idan Ofer’s Eastern Pacific Shipping (EPS) has found a buyer for one of its four remaining ultramaxes, a vessel that’s…
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Oman Shipping inks $35m green financing deal with Standard Chartered
Oman Shipping Company, part of Asyard Group, has entered into a $35m sustainable financing deal with Standard Chartered Bank. According…
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Fidelity Investments acquires 10% stake in DHT Holdings
US investment giant Fidelity Investments has acquired a stake of around 10.15% in New York-listed tanker operator DHT Holdings. According…
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Stena Bulk introduces new eco tanker design
Swedish owner Stena Bulk has introduced the prototype of a next generation product and chemical tanker, the IMOFlexMAX, which is…
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RINA performs world’s first statutory and class surveys using live streaming remote technologies
Italian class society RINA has successfully carried out the world’s first statutory and associated class intermediate surveys with the use…
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Canada positions itself as crew change hub
Canada is positioning itself as a crew change hub with public and private sectors coming together to make the movement…
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Denmark details how it plans to lead world shipping in new era of climate diplomacy
Denmark has revealed details of how the nation’s government and its shipping community intend to deploy climate diplomacy to slash…
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Great Eastern looks to enter the third-party shipmanagement business
India’s largest private shipowner is planning to branch out into third-party shipmanagement. The board of Great Eastern Shipping has approved…
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