Press Releases
The global seaborne trade in copper concentrates is surging to new highs, with fresh data from Ursa Shipbrokers and AXSMarine showing record-breaking shipments in the first half of 2025. Loadings reached 18.5m tonnes during the […]
The security situation in the Red Sea has taken a sharp turn for the worse over the past 48 hours, with back-to-back attacks on merchant vessels and Israeli airstrikes targeting multiple Yemeni ports. Yesterday, the […]
French energy major EDF has announced that the commercial commissioning of the Calvados offshore wind farm has been pushed back to late 2027. This will see the project commissioned more than two years after its […]
Subsea 7 Oslo-listed offshore contractor Subsea7 has bagged a sizeable engineering, procurement, commissioning, and installation (EPCI) deal for a subsea development offshore Egypt. The project, valued by Subsea7 as between $50m and $150m, involves the […]
EuropeTankers Fjordtank Fjordtank Swedish tanker operator Fjordtank Rederi is bolstering its fleet with the acquisition of the 2005-built chemical tanker from compatriot owner Sirius Shipping. The 4,500 dwt Lexus, constructed by Ceksan Shipyard in Turkey, […]
Dry CargoGreater China Jinhui Holdings Jinhui Holdings Chinese bulker owner and operator Jinhui Shipping and Transportation has sealed its third supramax sale this year. The Oslo- and Hong Kong-listed company is offloading the 2009-built 65,900 […]
AsiaGas MOL / Samsung Heavy Industries MOL / Samsung Heavy Industries Japanese shipowner Mitsui OSK Lines (MOL) is partnering up with India’s Oil and Natural Gas Corporation (ONGC) to build and operate very large ethane […]
EuropeTankers Stainless Tankers Stainless Tankers Oslo-listed Stainless Tankers has inked a deal to sell its 2008-built J19 stainless steel chemical tanker Gwen for $16.16m, marking the latest step in the company’s ongoing fleet optimisation programme. […]
Maersk Tankers Denmark’s Maersk Tankers is set to establish in-house technical management operations as it prepares to take delivery of very large ammonia carriers (VLACs) and seeks tighter alignment between technical expertise and commercial ambitions. […]
Nova Marine Carriers P&O Maritime Logistics, a unit of ports and logistics heavyweight DP World, has acquired a controlling stake in NovaAlgoma Cement Carriers (NACC), the leading operator of pneumatic cement carriers, in a move […]
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