Baltic Exchange analysis has revealed that a five-year-old Suezmax tanker is currently worth more than the cost of a newbuilding. As the VLCC contracting spree accelerates, could the Suezmax sector follow the same pattern?

Installing a new dual-fuel engine in a large six- or seven-year old container ship makes eminently good sense, according to Benjamin Attumaly, Retrofit Project Sales Manager at MAN Energy Solutions.

Global offshore and marine engineering group, Seatrium Limited, has landed a S$11bn ($8.16bn) deal with Petrobras for the newbuild supply of two high-capacity Floating Production Storage and Offloading platforms (FPSO).

The world’s second busiest container port at Singapore has seen a major spike in congestion, forcing carriers to stretch charter agreements and to build container fleets in preparation for an elongated peak season.

OceanScore estimates that Greek owners face a €335m ($364m) EU ETS bill in 2024, which may rise to €1bn a year once the ETS is fully implemented.

The Greek shipping community continues to prioritise seafarer mental health and physical wellbeing through partnerships and action.

Spain’s Boluda Towage has signed an agreement to acquire the British company SMS Towage Ltd, the UK’s largest independent towage company.

As the European Union (EU) prepares to lay out its strategic priorities for the next five years, the World Shipping Council provided its views on the right agenda for container shipping in Europe.

Spanish chemical tanker owner, Marflet, is to install bound4blue eSAILs on its 49,999dwt chemical tanker, Santiago 1.

The latest addition to Proman Stena Bulk fleet will use a 20% blend of biomethanol on its maiden voyage out of Singapore.