News

VLGC owner and operator BW LPG has wrapped up two financing facilities totalling $595m, aimed at supporting its fleet expansion, refinancing existing debt, and boosting liquidity.
New figures released this week by the International Transport Workers’ Federation (ITF) reveal yet another disturbing surge in the abandonment of seafarers worldwide. Over 2,280 seafarers have ...
CSSC Shipping has moved to bolster its dry bulk portfolio with a pair of newcastlemax newbuilds. The Hong Kong-listed leasing arm of state-owned China State Shipbuilding Corporation (CSSC) has ...
A Connecticut-based shipmanager has pleaded guilty to criminal charges after deliberately discharging more than 10,000 gallons of oily bilge water into US waters near New Orleans, in violation of ...
Yemeni opposition forces working with the American military have seized the largest cargo of Iranian advanced conventional weapons bound for the Houthis.
Taiwanese shipping line Yang Ming Marine Transport has lined up a series of containership newbuilds at South Korean shipbuilder Hanwha Ocean, continuing its fleet renewal programme with a focus on ...
Steven Jones, the founder of the Seafarers Happiness Index, reports on disturbing deaths at sea figures tallied by the International Labour Organization. A groundbreaking new report on fatalities ...
Houston-based offshore energy services company Helix Energy Solutions has landed a new framework deal with ExxonMobil in the US Gulf. The agreement, with an undisclosed value, will see the New ...
The port of Eilat,Israel’s only maritime gateway on the Red Sea, is set to shut down operations this Sunday after the Eilat municipality seized its bank accounts over unpaid municipal taxes ...
London-listed Taylor Maritime has confirmed the sale of ten more vessels, bringing in gross proceeds of $176.3m. The Ed Buttery-led bulker owner said that three of the sales have closed, with the ...
HSG Sungdong Shipbuilding, once one of the top 10 shipbuilders in the world, has re-entered the finished shipbuilding market, forging a strategic partnership with Samsung Heavy Industries and ...
Malaysia’s Tanjung Offshore has bagged a contract extension from Hibiscus Oil & Gas for maintenance, construction and modification services on the PM3-CAA oilfield. Under the agreement, the ...