A new joint venture, FureBear, between Swedish tanker owner, Furetank, and Canada’s Algoma Central Corp has ordered four 17,999dwt dual-fuel ice-class products tankers at China Merchants Jinling Shipyard.
Greek owners have held their top spot in sale and purchase deals so far this year, connected to more than 30% of reported transactions in deadweight terms.
MAN Energy Solutions, Stena and Proman have signed an MoU to retrofit MAN 48/60 engines to run on dual-fuel diesel/methanol.
APC announced a series of tank coating deals in Türkiye’s Dentas Shipyard for its MarineLINE system.
Successive rounds of European Union (EU) sanctions have steadily tightened the screw on Russian oil exports since the country invaded Ukraine. The bloc’s sixth Sanctions Package, announced in early June, included a ban on seaborne crude oil...
Japanese shipowner NYK has ordered its fourth very large LPG/liquefied ammonia gas carrier from Kawasaki Heavy Industries (KHI).
In further disruption to the supply chain vessels face being forced to divert from the Taiwan Strait as China launches large-scale, live firing military exercises in the key waterway.
Bahri has inked collaborative agreements covering both tankers and dry bulk with George Procopiou’s Dynacom and SeaTraders.
Shipping’s analyst community has come to life buoyed in part by a burst of strength in the crude tanker sector as the Q2 earnings season kicks off.
Furetank Rederi’s latest chemical tanker contract placed at China Merchants Jingling Shipyard incorporates design requirements that will ensure CII compliance until at least 2030, Lars Höglund, the Swedish company’s CEO told Seatrade Maritime News...