According to recent data from Intermodal Shipbrokers, Mediterranean Shipping Company (MSC) has placed orders for up to 18 LNG dual-fuel container ships at two Chinese shipyards. This move underscores MSCs commitment to its fleet renewal pro

Mitsui O.S.K. Lines, Ltd. (MOL; President CEO: Takeshi Hashimoto) and VALE International SA (VALE; CEO: Eduardo Bartolomeo Headquarters: Rio de Janeiro, Brazil) announced that a 200,000-ton class bulk carrier, currently employed under a mid

Today, August 21st, 2024, Just now , the Xinhua-Baltic International Shipping Centre Development Index was released in Shanghai, with Singapore, London, and Shanghai leading the rankings once again. This years report highlights stability am

The Baltic Exchange, in collaboration with Xinhua News Agency, proudly announces the release of the 2024 Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report. This annual report, now in its 11th year, ranks the worlds

During the first seven months of this year, 194 product tankers larger than 10k deadweight tonnes (DWT) have been contracted with a combined capacity of 13.3m DWT. This is a 17% increase compared to last year and the highest level of contrac

Standardising verification of fuel savings and scaling-up equipment supply chains will accelerate WAPS take up, according to LR report. The application of wind-assisted propulsion systems (WAPS) across a variety of vessel types is nearing a

Gearbulk has signed contracts for delivery of two additional ammonia/methanol conversion ready 82,300 dwt Open Hatch newbuildings. These units will be sister vessels to Pulpmax no. 1-4 ordered earlier this year, and will be built in the sam

Discussing with Kyushu Electric, Sojitz, and Sembcorp for Transport of approx. 200,000 metric tons annually to Kyushu Region Signing Ceremony in India Front row,first from right, Takahiro Rokuroda, Next Generation Fuel Business Group, Genera

BW LPG Limited (BW LPG, OSE ticker code: BWLPG.OL, NYSE ticker code BWLP), has entered into agreements to acquire 12 modern Very Large Gas Carriers (VLGCs) from Avance Gas Holdings Ltd. (Avance Gas, OSE ticker code: AGAS) for a total consid

With its mission statement Driving the maritime transition, this years SMM trade fair in Hamburg, Germany, is focusing on innovative technologies that will shape the future of the sector. GF Piping Systems will present a comprehensive portf

Nikolas Pateras is a legendary figure in the Greek shipping industry. Before the shipping market crash in 2008, he decisively sold all of his ships and returned to the market in 2010. Its worth noting that between 2008 and 2010, he served a

Pacific International Lines (PIL) is stepping up on its fleet renewal programme and has ordered five new container vessels with 13,000 TEU capacity, equipped with liquefied natural gas (LNG) dual-fuel engines. The neo panamax-sized vessels

Themed All Hands On Deck: Safety First!, the 11th edition of the Singapore Safety@Sea Week opens today. Speaking at the opening of the Singapore Safety@Sea Conference today, Mr Murali Pillai, Minister of State, Ministry of Transport and Min

On August 17, 2024, China Merchants Energy Shipping（CMES ）officially announced a major step forward in its fleet expansion and sustainability efforts. Through its fully-owned subsidiary, Associated Maritime Co Ltd (AMCL), CMES signed co

Wan Hai Lines is making bold strides in expanding its fleet, positioning itself to potentially overtake Yang Ming Marine Transport Corp. in total capacity. On August 12, the China Taiwan-based carrier announced a massive new order of 20 met