Announcing results lifted by a strong chemical tanker market in the first quarter, Stolt-Nielsen said it expects even better charter rates in Q2.
German container line Hapag-Lloyd said in its Sustainability Report 2023 that it had reduced greenhouse gas (GHG) emissions of its fleet by 0.8m tonnes in 2023 compared to the previous year.
Somali pirates have demonstrated the ability to target vessels up to 1,000 nm from shore, IMB warned in its latest update to piracy figures.
G2 Ocean has ordered to four 82,300 dwt ammonia/methanol-ready open hatch vessels at CSSC Huangpu Wenchong shipyard.
Shipping has reached a watershed moment as regulation and digitalisation have combined to alter the nature of the relationship between owners and charterers.
Ningbo-Zhoushan port posted a container volume of 9.14 million teu in the first quarter of this year, an increase of 11.7% year-on-year.
Hambantota International Port (HIP) in Sri Lanka has started container operations with a call by MSC.
Star Bulk has completed its merger with Eagle Bulk creating one of the world’s largest dry bulk shipowners.
First dedicated LNG bunkering facility in the US Gulf Coast has submittied permits to State and Federal agencies for its construction.