News

American Ships, both Military and Commercial, should be allowed to travel, free of charge, through the Panama and Suez Canals! Those Canals would not exist without the United States of America. I ...
Piraeus and New York-based owner SteelShips has signed up for a fresh pair of medium-range product tanker newbuilds in South Korea. Shipbuilding sources report the Nicholas Notias-led outfit has ...
Brussels-based maritime data analytics firm Kpler has closed the acquisition of Spire Global’s ship tracking business, Spire Maritime. The deal, worth about $241m, gives Kpler control over Spire ...
The number of dead in the massive explosion and fire that rocked Shahid Rajaee port near Bandar Abbas in southern Iran over the weekend has risen to at least 40, according to the latest figures ...
China’s Wison New Energies has signed the detailed feasibility study for a new-build floating liquefied natural gas (FLNG) facility offshore Suriname. The unit is set to be deployed at the ...
Pakistan has suspended all trade with India and closed its airspace and land border. The measures follow the imposition of sanctions imposed by India after an attack in Indian-administered Kashmir ...
Nantong Xiangyu Shipbuilding & Offshore Engineering has signed a construction deal for a pure electric-powered cable laying vessel with Zhongtian Technology’s Shanghai Yuanwei Construction ...
London-listed dry bulk outfit Taylor Maritime has aligned its business with anticipated trade turbulence and taken advantage of improved market sentiment to sell 11 ships for $172.5m. The Ed ...
Azerbaijan’s Ministry of Energy has signed two agreements with Chinese firms for the construction of an offshore wind energy project in the country. The first agreement, signed with China Energy ...
The same year in August, Wan Hai set out to expand its fleet with up to 20 methanol dual-fuel vessels, signing up for 12 firm and four optional 8,000 teu ships at CSBC Corporation and four 8,700 ...
Singapore-based floater owner and operator Yinson Production has successfully structured and arranged a standby letter of credit and guarantee facility of $100m. The company added that the three ...
The world’s largest car carrier has left a yard in China on its maiden voyage to Brazil. The 9,200 ceu BYD Shenzhen pips Höegh Autoliners’ Aurora class series by 100 cars in terms of capacity ...