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 ...

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 ...

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 ...

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 ...

Abu Dhabi’s Al Seer Marine has bolstered its capital structure, securing a $207m financing facility from Abu Dhabi Commercial Bank (ADCB) to support diversified fleet growth and strategic ...

The global shipping industry has been rocked by two deadly attacks this week in the Red Sea, with Yemen’s Houthi rebels launching their most violent maritime campaign since early 2024, killing ...

John Fredriksen-controlled Northern Ocean, a semisub spin-off of Northern Drilling, has won a contract for one of its rigs with a subsidiary of Rhino Resources. The deal is for the 2018-built ...

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 ...

Hanwha Shipping, the shipowning arm of South Korean builder Hanwha Ocean, has added another vessel to its growing in-house fleet, placing an order for an additional VLCC. The Okpo-based yard ...

Germany’s top port, Hamburg, has unveiled a sweeping infrastructure investment of €1.1bn ($1.29bn) aimed at modernising its container handling capabilities at the Waltershofer Hafen. This ...