Initial Failure of Genco's Sale of Two Capesize Vessels
Genco Shipping & Trading, a US-listed operator of bulk carriers, has not succeeded in its initial attempt to finalize sale of 2 capesize vessels.
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Joint Venture Formed in Vietnam by Thailand's Mermaid Maritime
Mermaid Maritime of Thailand, through its subsea services division, has formed a joint venture in Vietnam with local provider, Tan Cang Offshore.
Record Levels of Sales Seen by Newcastlemax Vessels
Large bulk carriers are earning significant profits, with the frequency of transactions involving these ships reaching high levels.
Fastest Growing Containerline Fleet is Lidl's Tailwind
Fastest expanding fleet in percentage terms belongs to company more commonly linked with budget-friendly products found in European supermarkets!
Four VLCC's Ordered from South Korea by DHT
DHT Holdings has finalized contracts for the construction of four very large crude carriers (VLCCs) in South Korea, with deliveries during 2026.
Euroseas Fits Out Newbuild with Sights Set Upon Box Market
Euroseas, is leveraging the current uptick in the containership sector by securing a new long-term charter agreement for one of its feeder ships.
Intermarine Welcomed by SAL & Jumbo in Heavy Lift Alliance
Jumbo Shipping and SAL Heavy Lift, a specialist in breakbulk and project cargo, have partnered with Intermarine to create a new joint venture.
New Secretary General Elected by Mission to Seafarers
The Mission to Seafarers, a Christian org dedicated to the welfare of maritime workers revealed Peter Rouch will be appointed as secretary general
Ocean Alliance Extends Deal for Five More Years
The consortium of container shipping companies known as the Ocean Alliance has decided to prolong their collaboration for an additional 5 years.
Ukraine Invasion Sees Indian-Classed Fleet More Than Double
Since Russia's invasion of Ukraine 2 years ago, there's been a notable increase in the number of vessels identified as part of the shadow fleet.
New Shaper Class Vessels Optioned by Wallenius Willhelmsen
Wallenius Wilhelmsen has exercised options to commission the construction of four more Shaper Class vessels designed for carrying cars and trucks
Saudi Arabia Welcomes New Container Shipping Line
Saudi Arabia sees the inception of a new feeder & short-sea shipping venture aimed at establishing connections between the kingdom & Red Sea ports
Hede Int. Shipping Added to Controlled Carrier List by FMC
This classification means Hede (HONGKONG) International Shipping Limited will be included on the Commission’s Controlled Carrier List.
Fastest Growing Ship Register Doubles Size in One Month
Last year, Gabon, a nation along the Atlantic coastline of Central Africa, was identified as the shipping registry with the quickest growth.
Broker BRS Warns Grey Fleet Will Turn Darker
Luxembourg brokerage firm BRS issues caution that grey fleet is set to deepen in obscurity as enhanced sanctions increasingly constrict Russia.