China Merchants Energy Shipping is ordering eight vessels from China Merchants Industry at a total cost of $508 million to expand its bulk, car carrier, and multi-purpose fleets.

Adaptability is the key to meeting the challenges currently facing shipping was a clear message delivered to the Greener Shipping Summit held in Athens last week.

The development of dual-fuel engines for ammonia and methanol is accelerating and will be the norm for ships combined with energy saving devices and technology.

CMA CGM reported a 94% drop net profit in the third quarter of 2023 as the shipping and logistics industry returned to pre-pandemic conditions.

Private Chinese shipbuilder Yangzijiang Shipbuilding announced the sale of a self-elevating mobile offshore jack-up drilling rig from a previously terminated contract.

Damen Green Solutions and Bawat have announced a new joint venture to develop and market “the world’s greenest” mobile ballast water management system (BWMS).

DP World is restarting operations at its terminals in Australia on Monday after a cyberattack crippled landside operations leaving over 30,000 containers stranded in yards.

The US International Development Finance Corporation (DFC) is investing $553 million into the construction of the Colombo West International Terminal (CWIT), a 3.5 million teu facility on the port's western breakwater.

The tanker stocks are benefiting from the action in product trades as the winter season looms driving demand.

A steel-cutting ceremony has taken place at RMK Marine’s Tuzla shipyard in Turkey for the Neoliner Armateur, the world’s first sailing ro-ro.