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Recent News

New LUX service connects Europe with South America

Sep 26, 2023

Indian recyclers buoyed by bullish sentiment

Sep 26, 2023

White House appoints Eric Ebeling to King’s Point Board of Visitors

Sep 26, 2023

Fujairah on a roll as Russian oil re-routes

Sep 26, 2023

POLL

Aug 31, 2023

Panama Canal changes booking conditions

Sep 06, 2023

New fuels, new risks

Sep 20, 2023

Critical years ahead for container shipping

Sep 15, 2023

Middle East & Egypt Report 2023

The latest industry updates and developments across the GCC and Egypt.

Highlights

Bahri and Saudi Ports Authority ink sustainability agreements

Sep 21, 2023

Attendees at the Saudi Maritime Congress witnessed the signings of Memorandum of Understandings (MoUs) between the Saudi Investment...

MISC in LNG vessel sale and charter deal with Nissen Kaiun

Sep 20, 2023

Malaysian shipowner MISC has sold two LNG carriers to Japanese owner Nissen Kaiun.

Hengli Heavy Industry to build first VLCC

Sep 20, 2023

Hengli Heavy Industry has bagged an order for two 306,000 dwt VLCCs from its parent company Hengli Group.

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Furetank and Algoma order tanker pair at Jinling Shipyard

Sep 18, 2023

Furetank and Algoma Central Corporation are expanding their FureBear joint venture with two new 17,999dwt tankers from China Merchants Jinling Shipyard.

Crowley and Seacor merging coastal tanker and barge fleets in Jones Act joint venture

Sep 14, 2023

Consolidation continues to be the watchword when it comes to Jones Act fleets in the States as Crowley Maritime and Seacor team up in a joint venture.

Panama Canal could further cut daily transits if drought persists

Sep 14, 2023

The Panama Canal Authority (ACP) says that daily transit limits and draught restrictions will remain in place until next year and warns it could make additional transit reductions if the drought persists.

Wilhelmsen to manage Avenir LNG bunker tanker trio

Sep 13, 2023

Wilhelmsen Ship Management (WSM) is to manage three LNG bunker tankers for Avenir LNG.

MOL in $400 million swoop for Fairfield Chemical Carriers

Sep 12, 2023

MOL Chemical Tankers is acquiring Fairfield Chemical Carriers and its fleet of 36 vessels for $400 million.

Change in Panama Canal auction rules

Sep 12, 2023

The Panama Canal Authority (ACP) has announced the suspension of two special auctions for supers size vessels from 12 - 30...

Jinling Shipyard bags four tankers from Sirius

Sep 11, 2023

China Merchants Jinling Shipyard in Yangzhou has won an order for two plus two 15,000 dwt oil/chemical tankers order from Sirius.

The zero emission LNG carrier?

Sep 08, 2023

In a growing trend of try to ensure zero carbon shipping of fossil fuels classification society ABS has granted Approval in Principle (AiP) for an ammonia-fuelled LNG carrier.

Eastern Pacific Shipping invests in ammonia dual-fuel propulsion

Sep 07, 2023

Singapore-based Eastern Pacific Shipping has thrown its weight behind ammonia dual-fuel propulsion systems for a series of Newcastlemax bulk carriers and very large ammonia carriers (VLAC) to be built in China.

Oil prices leap as Saudis announce extended export cutback

Sep 06, 2023

Brent oil prices have risen by more than 8% over the las two weeks and are set to rise further as Saudi Arabia and Russia extend oil export cuts.

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