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ABS has become the second classification society to have a registered fleet in excess of 200m gt.
The shipment of the first four lock gates for the third set of locks for the Panama Canal has begun in Italy. They are expected to arrive in Panama by…
Subsea 7 has been awarded contracts with Petrobras for the construction and operation of three pipelay support vessels (PLSV), totalling $1.6bn.
Many Private Equity (PE) investors have been busy plotting the optimal structure and timing for their entrance into shipping. However, one highly successful transportation- savvy investor is already plotting the…
Brazilian shipyard Aliança S/A Industria Naval e Empresa de Navegacao, has contracted Rolls-Royce to equip two UT 535 E Oil Spill Response Vessels for shipowner Asgaard Navegação S.A.
Scorpio Tankers has announced orders for up to 10 VLGCs in Korea at $74m each.
Crowley Maritime Corp’s solutions group is expanding its presence in the Asia Pacific market by opening a new project management office in Singapore and building two new heavy-lift deck cargo…
Excel Maritime has filed for chapter 11 bankruptcy protection as part of a recently agreed financial restructuring.
Product trades look set fair for development in the years to come. Interviews with leading product carrier owners in Denmark recently suggest that a 3% growth in product carrier trade…
Container lines serving the transpacific trade are preparing for “potentially healthy peak season” with a surcharge from 1 August.
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