13 Mar 2024

New West Asian Regional HQ Opened by ONE in Dubai

Ocean Network Express (ONE), the world's sixth-largest container shipping company, has inaugurated its West Asia regional headquarters in Dubai.

New West Asian Regional HQ Opened by ONE in Dubai
12 Mar 2024

Three Extra Daily Transit Slots Added to Panama Canal

Significant rainfall has enabled the Panama Canal Authority to introduce three additional daily transit slots raising the daily transit cap to 27

Three Extra Daily Transit Slots Added to Panama Canal
12 Mar 2024

$27.4m Sale of D'amico's Oldest Tanker

The Italian shipping company d'Amico International Shipping has finalized the sale of its MR product tanker, the Glenda Melanie for $27.4 million

$27.4m Sale of D'amico's Oldest Tanker
12 Mar 2024

2010 Cape Sold by NGM Energy for $32.5m

In its latest transaction, NGM Energy has offloaded a capesize vessel constructed in 2010 – which it acquired four years ago for $18 million

2010 Cape Sold by NGM Energy for $32.5m
12 Mar 2024

Joint Service at Rio de Janeiro Suspended by CMA CGM, Maersk

Maersk and CMA CGM have informed their clients of changes to their combined Bossa Nova/SIRIUS service that links the Med to South America.

Joint Service at Rio de Janeiro Suspended by CMA CGM, Maersk
11 Mar 2024

Latsco Shipping Books Four LR2 Tankers in S. Korea

Latsco Shipping, based in Greece, has placed an order for four LR2 tankers with Hyundai Mipo Dockyard in South Korea.

Latsco Shipping Books Four LR2 Tankers in S. Korea
11 Mar 2024

Sanko Steamship Says Goodbye to Last Vessel

Sanko Steamship has sold its final vessel, the three-year-old, 82,000 deadweight tonnage, Tsuneishi-built Sanko Hawking.

Sanko Steamship Says Goodbye to Last Vessel
11 Mar 2024

War-Time Grain Exports Record Set by Ukraine

Over 1,000 merchant vessels have navigated through Ukraine's grain corridor in the Black Sea, established seven and a half months ago.

War-Time Grain Exports Record Set by Ukraine
11 Mar 2024

Two Oldest Vessels Sold Off by Swire Bulk

According to brokerage reports, Swire Bulk from Singapore has recently sold its two oldest vessels, namely the Lintan and the Liangchow.

Two Oldest Vessels Sold Off by Swire Bulk
8 Mar 2024

Leadership Changes at China's SITC International Holdings

Yang Shaopeng resigns as chairman of SITC International Holdings, initiating a leadership restructure at China’s second-biggest shipping company

Leadership Changes at China's SITC International Holdings
8 Mar 2024

London Sees Founding of Nuclear Energy Maritime Organization

The push for nuclear power's expansion into maritime uses is gaining momentum with the formation of the Nuclear Energy Maritime Organization in London.

London Sees Founding of Nuclear Energy Maritime Organization
7 Mar 2024

Robust Secondhand Market Aids Safe Bulkers Sale of Two Ships

Safe Bulkers progresses with fleet renewal strategy and capitalizes on increasing prices by selling two of its vessels in separate transactions.

Robust Secondhand Market Aids Safe Bulkers Sale of Two Ships
7 Mar 2024

Shuttle Tanker Newbuild Order in South Korea by TEN

Tsakos Energy Navigation, a Greek shipping firm, has again chosen Samsung Heavy Industries for the construction of additional shuttle tankers.

Shuttle Tanker Newbuild Order in South Korea by TEN
7 Mar 2024

Volkswagen Sued by Allianz & MOL Over Felicity Ace Sinking

Owner of the Felicity Ace and its insurance provider have initiated legal action against Volkswagen, attributing her sinking to the car manufacturer

Volkswagen Sued by Allianz & MOL Over Felicity Ace Sinking
7 Mar 2024

MoU for Digi Shipping Corridor Signed by Australia, Singapore

Singapore & Australia enter into MoU to jointly work on the development of the Singapore-Australia Green and Digital Shipping Corridor (GDSC).

MoU for Digi Shipping Corridor Signed by Australia, Singapore