Icelandic carrier Eimskip has divested one of its cornerstone feeder vessels, Lagarfoss, to Portuguese logistics and maritime group Grupo Sousa. The 875 teu vessel, built in 2014 by Rongcheng ...

Prominent Greek shipowner Adam Polemis has completed his third major tanker transaction in as many months, acquiring the newbuild LR2 tanker Hesperia Tide from Eastaway. The deal, reported by ...

Danish offshore wind developer Ørsted has secured TWD 90bn ($3bn) in financing for the 632MW Greater Changhua 2 wind farm off Taiwan. The financing deal was arranged with 25 banks and five export ...

Jhonlin Marine Trans, the shipping arm of Indonesia’s sprawling Jhonlin Group, has quietly assembled an impressive trio of Japanese-built ultramax bulk carriers, signalling a growing ambition in ...

Bauxite shipping out of West Africa, a fast-growing source of extra tonne-miles for the cape trades, faces headwinds with news from Guinea where the government is vowing to take greater control of ...

In a bold leap beyond its traditional maritime roots, Mitsui OSK Lines (MOL) has announced plans to commercialise an offshore rocket launch and recovery vessel. The initiative, slated for ...

As labour shortages continue to challenge the shipbuilding sector, South Korea’s HD Hyundai has doubled down on robotics innovation, announcing a strategic partnership with German cognitive ...

Greeks will be surprised to see the latest maritime hub survey published by Chinese state-run newswire Xinhua and London-based, Singapore-owned Baltic Exchange, which places Ningbo Zhoushan, the ...

The global shipping industry has been rocked by two deadly attacks this week in the Red Sea, with Yemen’s Houthi rebels launching their first campaign against merchant shipping of the year ...

Greece’s Navios Maritime Partners is ramping up its exposure in the container shipping sector with a fresh order for four modern boxships at South Korea’s HJ Shipbuilding & Construction. The ...

Marine construction contractor Ocean Installer, a Moreld subsidiary, has won two new contracts for the North Sea Giant subsea construction vessel. The 2011-built vessel will be used in 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 ...