With 24 of its VLCCs being transferred to John Fredriksen’s Frontline as part of a deal that resolved a long-running merger battle, Euronav NV (NYSE: EURN) has been rebuilding its fleet with
COSCO Heavy Industry Shanghai Co. Ltd. has signed a contract with MAN Energy Solutions for the methanol retrofit of four main engines from COSCO Line 13,800 TEU Camellia class and 20,000 TEU
In another example of how charterers are helping push forward the move to greener shipping, Canadian mining giant Teck Resources is making a joint investment with Oldendorff Carriers that will see Norsepower
The IMO Assembly wrapped up its 30th session on December 6. The Assembly is the International Maritime Organization’s highest governing body and among its actions in this latest session were to elect
The world’s largest lessor of containerships, Vancouver, B.C., based Seaspan Corporation, is getting into the Pure Car and Truck Carrier (PCTC) sector. It has signed an agreement with China’s Shanghai Waigaoqiao Shipbuilding,
Höegh Autoliners and Japan’s Sumitomo Corporation have signed a Letter of Intent to collaborate on the supply and delivery of clean ammonia as a next-generation sustainable maritime fuel for Höegh’s upcoming Aurora
The IMO Assembly has elected the members of the IMO Council for the 2024-2025 biennium —and, for the first time since 1960, Russia is not one of them. The move was applauded
With Japanese trading house Mitsui & Co. as its co-investor in the first four ships, Maersk Tankers has ordered up to ten 93,000 cubic meter capacity very large ammonia carriers (VLACs) at
While all the circumstances surrounding the recent attempted hijacking of the Zodiac Maritime tanker Central Park indicated that the Iranian-backed, Yemen-based Houthis were involved, it seems they likely were involved only to
Seafarers’ pay is rising by at least 10% as the crew employment market tips in the favor of seafarers, according to findings in the just-released 2023 Seafarers’ Survey from Danica Crewing Specialists.