CSSC (Hong Kong) Shipping Company has inked sale and leaseback contracts for three large-size gas carriers.

Shipping investor Hayfin has placed an order for up to four ‘enhanced methanol ready’ Suezmax tankers at South Korean shipbuilder Hyundai Heavy Industries (HHI).

At the beginning of October it was full speed ahead for Greek shipowners renewing their fleets with newbuilding orders up 40 - 50% over the past 12 months.

The Panama Canal announced a series of sharp reductions in booking slots to just 18 daily by February 2024 following the driest month of October in 73 years.

Hafnia aims to have Elon Musk’s Starlink satellite communications service installed on all its vessels by the end of the year.

Operations have begun on clearing the queue of over 100 vessels at the St Lawrence Seaway after unions and management reach agreement on a tentative pay deal.

Celsius Shipping has exercised two options and newly inked a further four optional LNG carriers with China Merchants Industry.

Cargo moves in and out of the Great Lakes have been stymied as workers from Unifor, the labour union representing workers at Canadian ports and locks along the Saint Lawrence Seaway, commenced a strike action late last week.