VLCCs
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Shipbuilding
Frontline Secures High-Value Charters for VLCCs
Frontline, a prominent player in the maritime industry controlled by John Fredriksen, has made headlines by securing one-year time charters…
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Shipbuilding
DHT Holdings Accelerates Fleet Renewal with $51.5M Sale
DHT Holdings, a prominent player in the supertanker industry, is moving forward with a significant fleet renewal strategy by agreeing…
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Shipbuilding
Okeanis Eco Tankers Expands Suezmax Fleet
Okeanis Eco Tankers, a prominent Greek tanker company, is set to enhance its fleet with the acquisition of two new…
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Shipbuilding
Hanwha Ocean tops $10b in ship orders in 2025
Hanwha Ocean announced on Thursday that it has successfully secured $10.05 billion in ship orders for the year 2025, marking…
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Shipbuilding
Mercuria Energy Group Expands Fleet with Newbuilding Contracts in China
Swiss commodity trader and shipowner Mercuria Energy Group is significantly enhancing its maritime operations by securing newbuilding contracts in China.…
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Shipbuilding
Scorpio Tankers Sells LR2 Vessel for $57.5 Million
In a strategic move, Monaco-based Scorpio Tankers has announced the sale of its LR2 product tanker, the STI Kingsway, for…
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Shipbuilding
Venezuela’s Oil Market Faces Turbulence Following Maduro’s Arrest
The recent arrest of former Venezuelan leader Nicolás Maduro has sent shockwaves through the global tanker markets. U.S. President Donald…
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Bulk Carrier
Capital Maritime Expands Fleet with Newbuilding Contracts in China
Greek shipowner Evangelos Marinakis is advancing his shipbuilding ambitions through Capital Maritime, which has recently secured a significant newbuilding contract…
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Shipbuilding
India Offers 15-25% Shipbuilding Subsidies to Boost Industry
The Indian government has announced a significant support policy worth 7 trillion Korean won (approximately 430 billion rupees) aimed at…
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Bulk Carrier
Saudi Arabia Unveils New Offshore Rig Project
International Maritime Industries (IMI) has officially partnered with Aro Drilling to construct a new offshore drilling rig, dubbed “Kingdom 4,”…
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