CMA CGM Group announced it has ordered seven biogas-powered containerships to serve the French West Indies trades.

Larger offshore wind turbines are driving demand for higher capacity wind turbine installation vessels (WTIVs), but owners face a dilemma when ordering newbuilds if turbines continue to grow.

Eastern Pacific Shipping (EPS) has ordered four LNG-powered containerships for long term charter to US owner and operator Crowley.

SUMEC, New Dayang Shipbuilding and Hong Kong-based Chellaram Shipping (Chellship) have entered into contract for the construction of two 62.000 dwt bulk carriers.

A Suezmax tanker sale and reports of negotiations on big bulkers indicate that recyclers are moving on from a dull season and virtually no transactions.

Global ship finance grew in 2021, the first time since 2010, as demand surged across all shipping sectors apart from tankers.

Mitsui OSK Lines (MOL) has inked a long-term charter contract with ENN LNG (Singapore) Pte. Ltd., a wholly owned subsidiary of ENN Natural Gas headquartered in Langfang, China for three newbuilding LNG carriers.

SAL Heavy Lift has inked newbuilding contracts for four firm plus two optional new generation heavy lift ships with Wuhu Shipyard, China.

The Finnish shipping company Langh Ship has placed an order for three 1,200 teu containerships at PaxOcean’s shipyard in Zhoushan, China.

Vessel retrofits will be essential in reaching climate targets for the shipping industry over the coming decades.