Local news today
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Decarbonization
K-Line and Havstjerne Team Up for CO2 Solutions
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has announced a strategic partnership between its London-based subsidiary, “K” LINE Energy Shipping (UK)…
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Shipbuilding
Scorpio Tankers offloads modern MR for $42m
Scorpio Tankers, based in Monaco, has finalized a significant deal to sell one of its modern Medium Range (MR) product…
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Shipbuilding
Turkey’s GSD Marin returns to Japan for fresh ultramax order
GSD Marin, a Turkish bulker owner, has secured a new ultramax vessel order from Nihon Shipyard in Japan. This latest…
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Container
USTR Port Fees Could Sink Chinese Carriers’ Profits
Chinese container shipping companies are facing significant financial challenges as new port fees from the U.S. Trade Representative are set…
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Shipbuilding
Anglo Teck merger creates top five global copper producer
In a significant move within the mining industry, Anglo American and Teck Resources have announced plans to merge, creating a…
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Shipbuilding
NYK issues fraud alert after bogus payment requests
Japanese shipping leader Nippon Yusen Kaisha (NYK) has issued a critical warning regarding a wave of fraudulent emails and social…
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Shipbuilding
Samsung Heavy debuts nuclear-powered gas carrier design
At the Gastech event in Milan, Samsung Heavy Industries made headlines by announcing the approval in principle (AiP) for a…
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Shipbuilding
RWE pens $3.7bn Apollo deal for stake in German TSO
German energy company RWE has formed a strategic alliance with US asset manager Apollo Global Management to secure funding for…
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News
400 war-hit ships eyed for recycling
Pakistan is set to receive nearly 400 ships from Russia and Ukraine for dismantling at the Gadani shipbreaking yard, as…
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Shipbuilding
Spanish ports closed to arms for Israel
Spain has implemented a ban on ships and aircraft transporting weapons or military-grade fuel to Israel, a decision prompted by…
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