The SeaPod, a situational awareness device developed by digital technology company OrcaAI, has already been installed on ships operated by major groups including Maran Tankers, MSC, NYK, and Seaspan.
Bahri Chemicals has signed a five-year agreement to time charter in two methanol-powered tankers from the Proman Stena Bulk partnership.
NYSE-listed Scorpio Tankers sold one product tanker and taken up purchase options on five others.
Japanese firms Kawasaki Heavy Industries, Toyo Engineering Corporation, JGC Corporation and Chiyoda Corporation have signed a joint venture agreement to enhance the front-end engineering design (FEED) execution for a liquefied hydrogen supply...
Chinese yards accounted for 50% of 2023 world shipyard output on a compensated gross tonnage (CGT) basis, according to Clarksons Research.
China was the world’s largest shipbuilding nation in 2023 across all three measures of output, new shipbuilding contracts and orders-on-hand. It was also achieved double-digit growth across all three in 2023.
LNG giant QatarEnergy has reportedly entered into an agreement with Hudong-Zhonghua for the construction of eight Q-Max LNG carriers, as part of its shipbuilding programme.
The effect of the latest attack on USS Laboon by a Houthi fired anti-ship cruise missile has been for more ships avoid the Suez/Red Sea route as the carriers consider the region unsafe.