News
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Maersk muscles in on COSCO’s intra-Asia crown
In a significant shift within the container shipping landscape, Maersk has made substantial gains in the intra-Asia trades, positioning itself…
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Nigerian Navy Turns to Special Boat Service to Take on Emerging Threats
In a bold move to enhance maritime security, Nigeria has established an elite Naval unit, the Special Boat Service (SBS),…
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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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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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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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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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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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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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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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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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