Bing Chen, Chairman, President & CEO of Seaspan Corporation

Seaspan box ship buying binge continues

Containership leasing giant Seaspan Corporation is ending March as it began it: announcing another multi-ship newbuilding contract. The company, which is a wholly owned subsidiary of Atlas Corp.(NYSE: ATCO), said today that

Qatar moves ahead on massive LNG fleet expansion

With plans to increase production of LNG from its North Field development from 77 million tons a year to 126 million tons by 2027, Qatar Petroleum has issued an Invitation to Tender

Seanergy Maritime buys two Capesizes for $55 million

Glyfada, Greece, headquartered Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) reports that it has entered into agreements with unaffiliated third parties that will see it pay a total of about $55 million to

Lois Zabrocky, President and Chief Executive Officer, International Seaways, Inc.

Zabrocky says Shell agreement “puts Seaways on our future path”

In an earnings call with analysts, March 12, Lois Zabrocky, president and CEO of New York City headquartered tanker giant International Seaways, Inc. (NYSE:INSW) said that the company’s agreement to build three

Shell to charter in ten LNG-fueled VLCC newbuilds

Shell today signed agreements to charter 10 new crude tankers powered by dual-fuel liquefied natural gas (LNG) engines. Four of the very large crude carriers (VLCCs) have been chartered from Switzerland based

Containership leasing giant continues newbuilding spree

Within days of its last foray into the newbuilding market (see earlier story), containership leasing giant Seaspan Corporation has resumed its buying binge, announcing today that it has entered into agreements with

Stena Bulk concept “could be as impactful as containerization”

Able to carry both dry and wet cargoes in modular compartments, an ultra-flexible, zero emissions design unveiled by Gothenburg, Sweden, headquartered tanker operator Stena Bulk pushes many boundaries. In an advance that

TORM has signed up for MAN PrimeServ Assist

TORM swoops on eight Team Tankers MR carriers

Copenhagen-headquartered TORM reports that it has entered into an agreement to purchase eight 2007-2012 built MR product tankers from Team Tankers Deep Sea Ltd. for a total cash consideration of $82.5 million

Dropping in bio-LNG extends green financing runway says SEA-LNG

By dropping in bio-LNG to their fuel mix, owners of LNG-fueled ships could extend the time through which they are eligible for preferential “green” financing under the Poseidon Principles. The SEA-LNG coalition

Grimaldi orders RO/RO multipurpose sextet at Hyundai Mipo

Naples, Italy, headquartered Grimaldi Group has signed a $600 million agreement with South Korean shipbuilder Hyundai Mipo Dockyard covering the construction of six new RO/RO multipurpose vessels. With a length of 250

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