The dollar’s wobble exposes shipping’s one-currency weakness, writes Andrew Craig-Bennett. As we all know, to generate a really big shipping crash, you must start with a banking crash. If the banks ...
Pakistan National Shipping Corporation (PNSC) has approved the acquisition of three secondhand tankers for about $193m, as part of its drive to double the national fleet to 30 vessels by 2026. The ...
Global ship repair activity has jumped 7% this year, far outpacing overall fleet growth, according to new figures from Clarksons Research. The uptick comes as an ageing fleet hits key survey ...
German shipowner Oldendorff Carriers and fellow steelmaker Salzgitter have signed a long-term deal to lower carbon emissions from the seaborne transport of iron ore to Hamburg. Starting in January ...
Doha has pulled the plug on navigation with the Qatari Ministry of Transport on Saturday, ordering all vessels to halt navigation in its waters, citing a “technical fault in the GPS” that’s disrupted ...
UK hydrocarbon player United Oil & Gas has signed a non-binding memorandum of understanding with US-based offshore surveyor TDI-Brooks for a specialist survey vessel. The vessel will be used for a ...
Danish shipping giant Maersk has started onboard fuel trials of a methanol-ethanol blend as part of its efforts to explore alternative fuel use for decarbonising global shipping. The company’s 2,100 ...
Commissioning service operation vessel (CSOV) owner Integrated Wind Solutions has deals for two of its vessels. The first contract is a 75-day fixed charter contract for the IWS Sunwalker CSOV with an ...
Sales of very large crude carriers (VLCCs) are driving the secondhand market, with both modern and vintage units changing hands at firm prices amid strong sentiment in the crude tanker sector. China’s ...
Artificial intelligence in shipping has long been a buzzword. Now, says Yarden Gross, CEO and co-founder of Orca AI, it’s fast becoming the bridge linking sea and shore — and the next 12 months could ...
The UK arm of environmental group Greenpeace has warned the Crown Estate, King Charles’s property management company, that it would be suing it over “monopoly profiteering” at the expense of bill ...
Greece’s Chartworld Shipping is expanding its containership newbuilding programme with an order for up to eight units in China. Shipbroking sources report that the Kollakis family–led owner has struck ...
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