Korean shipbuilder Hanwha Ocean has made a bid for Australian yard group Austal but faces an uphill struggle on approvals.

Jiangsu Hantong Ship Heavy Industry has inked six 63,500dwt bulk carriers contract with Singapore-based owner Pioneer Logistics.

The former CEO of Sembcorp Marine Wong Weng Sun and another senior executive of the Singapore yard group have been charged with paying over $31 million in bribes to win contracts in Brazil.

Terntank announced it has placed an order for 1+1 of the next-generation oil and chemical tankers from China Merchants Jinling Shipyard.

Wallenius Wilhelmsen has inked shipbuilding contract for the exercise of four optional 9,3000 ceu car carriers with China Merchants Jinling Shipyard.

Zhoushan Changhong International Shipyard announced an order for two 115,000 tonnes-class LR2 tankers from Greek owner Navios Maritime Holdings.

K-Line and Tokyo Gas are to work on a joint study of liquefied carbon dioxide (CO2) marine transportation for carbon capture and storage (CCS).

As P&O Ferries launches its newest hybrid vessel, the maritime industry remembers the mass firing of almost 800 seafarers in 2022.

Greek shipowners have piled on newbuildings contracts over the last 12 months with the orderbook growing by over 50% according to figures published by the London-based Hellenic Shipping Cooperation Committee (GSCC).

Union Maritime, a UK headquartered vessel operator has ordered two LR2 tankers from the Shanghai Waigaoqiao Shipbuilding (SWS) yard in China, with three WindWings sails on each vessel.