News

New York-listed Greek owner Costamare has continued the trend of offloading smaller bulkers with another handysize set to exit the fleet. The Konstantinos Konstantakopoulos-led company is shipping ...
Greek owner Evalend Shipping has been linked to a fresh newbuilding deal in South Korea, this time for a pair of suezmax tankers. Shipbuilding sources report that the Kriton Lendoudis-led company ...
The Houthis from Yemen appear not to have got this week’s memo from the White House claiming that the Red Sea shipping crisis is drawing to a close. Donald Trump, the American president, said on ...
Japanese owner and operator Idemitsu Tanker has contracted to build two methanol dual-fuel VLCCs. The 339.5 m long, 309,400 dwt vessels are developed together with Japanese shipping lines Nippon ...
Greek owner Pyxis Tankers has set out to potentially expand its fleet by up to two ships with the signing of a commitment letter for a bank loan of up to $45m. The Nasdaq-listed firm said it is ...
Donald Trump, the American president, has claimed that after more than 17 months, the Red Sea shipping crisis is coming to a close. Speaking at the White House yesterday, Trump said Yemen’s ...
Low-profile shipowner Nissen Kaiun has returned to HD Hyundai Mipo Dockyard in Ulsan for a pair of LPR carriers. Multiple newbuilding sources have listed the Japanese shipping mammoth with two ...
It was a standing room during a specialist workshop, sponsored by Paratus, at the opening day of the second edition of Geneva Dry that saw panellists turn their attention to various aspects of ...
China’s Jiangsu Ocean Shipping (JOSCO) is expanding its containership fleet with four newbuilds contracted at compatriot yard Jiangsu Soho Chuangke Shipbuilding. The shipping arm of Jiangsu Port ...
The two nations do not have a huge trading relationship. In the last full financial year, Pakistan imported Indian goods worth $1.2bn, while India imported goods worth only $3m from Pakistan ...
They will also have a DP2 dynamic positioning system, a 150-tonne active heave-compensated offshore crane, hangar housing two work-class ROVs, a hybrid 1,500-kWh battery energy storage system, and ...
Ships missing the IMO emission tougher target would initially have to pay $100 annually for every tonne of CO₂ emissions that exceeds this goal. Those falling below the weaker target would have ...