ABB solutions selected for Van Oord mega WTIV The mega wind turbine installation vessel (WTIV) on order for Van Oord at the Yantai CIMC Raffles Shipyard in China will have an ABB integrated power, automation and propulsion system. The vessel,
NTSB reports on $1.5 million bulker strike on GoM platform The National Transportation Safety Board says that "poor bridge resource management and a charting error" led to a Hong Kong-flagged 52,382 dwt bulk carrier striking an oil and gas production platform in
LCO2 carrier developments set to pick up pace It's increasingly clear that CCUS (carbon capture, usage and storage) is going to play a major role in global decarbonization and the just-passed Inflation Reduction Act contains substantial funding to support CCUS
Ship carrying coal to Germany runs aground in River Waal A general cargo ship laden with coal got stuck on the bottom of the Waal after miscalculating the depth and...
StealthGas agrees to buy two LPG carriers for $120m Harry Vafias-led company will continue to look for period employment for its vessels
Boxship charter market boosted by The Alliance members The Alliance members Hapag-Lloyd, Ocean Network Express and Yang Ming have been particularly active in extending charters of vessels of...
Kazakh crude pipeline outage to have mixed effect on tanker rates Analysts say it is difficult to quantify the impact at this stage. On the one hand, a loss of 1m...
Clyde & Co relocates two London staff to Singapore Partner and associate to join local lawyers to focus on Asia business
Carriers still focusing capacity on more lucrative trade lanes Higher freight rates can be achieved on longer-haul voyages. With capacity still being held up by congestion, lines are taking...
Demand surges on Ukraine grain corridor There is a feeling of upside potential in the dry bulk market as the grain corridor becomes more established, but...
Somali piracy additional premiums set to stay for time being 'The Joint War Committee will not remove the area immediately, primarily to demonstrate that they make their own decisions and...
Rhetoric vs reality: Shipping finance approaches an inflection point Shipping finance is grappling with the big question of what is pragmatic and achievable as opposed to idealistic but over-ambitious...
Höegh Autoliners buys another leased PCTC As asset values and charter rates for PCTCs head upwards, the purchase of leased ships will allow Höegh Autoliners to...
Carrier price competition intensifies on transpacific trade 'Trading slots is like trading stocks while most people just follow the herd,' said a Shenzhen-based forwarder
FSL Trust to expand business into offshore and renewables An expansion of its business to include offshore and renewables may present significant investment opportunities for the future growth and...
ZPMC president named as outgoing Zhuhai port chairman Announcement of the appointment was made earlier this week after the port company confirmed Ou's resignation
One dead in accident in Keppel Shipyard's Tuas site All work has stopped at the site. An investigation has been launched after crane failure caused pier to collapse
Daily Briefing Ukraine war: No attacks on civilian vessels since June | Total losses in the single digits for the second time...
Price of LNG goes stratospheric. Will LNG shipping rates follow? The Russia-Ukraine war caused demand for LNG to surge. Owners of LNG carriers are in prime position to profit this winter.
Typhoon pauses air, ocean freight in Hong Kong, South China A severe typhoon is headed for the South China region, forcing airlines and ports to take precautions and adjust schedules.
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