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.

A group of 22 US senators is applying pressure to the Panama Maritime Authority (AMP) to look into vessels trading oil from Iran.

Frontline has agreed to sell its five oldest VLCCs for a total sale price of $290m.

The European Union has agreed a substantial grant to support a carbon capture and green fuel production project in Greece.