News
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Kyoei Tanker Expands Fleet with New VLCC Order
Japanese shipping company Kyoei Tanker has announced a significant expansion of its Very Large Crude Carrier (VLCC) fleet by ordering…
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Bangladesh Shipping Corporation Set to Repay Tk203 Crore
The Bangladesh Shipping Corporation (BSC) is gearing up to repay Tk203 crore, which includes Tk187 crore for ship procurement loans…
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Lloyd’s Register Unveils Enhanced Container Stowage Solutions
Lloyd’s Register (LR) has launched a significant upgrade to its suite of container stowage solutions, aimed at helping shipowners minimize…
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MOL PLUS Invests in Pyxis Maritime’s Electric Fleet
MOL PLUS, the investment division of Japan’s Mitsui OSK Lines, has made a strategic investment in Singapore-based Pyxis Maritime, a…
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Hanwha Explores Expansion of Philly Shipyard Operations
Hanwha is actively considering the expansion of its Philly Shipyard in Philadelphia, Pennsylvania, as reported by The Wall Street Journal…
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Diana Shipping scores second fixture of the year with Bunge deal
Greek bulker owner Diana Shipping has finalized a significant charter agreement for its ultramax vessel, DSI Altair, with commodities giant…
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Admiralty Court Rules Against Shipowner in Major Claim
The Admiralty Court in London has ruled against Unity Ship Group, denying its claim for approximately USD 1.27 million from…
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New Shipping Expands Suezmax Tanker Fleet with Chinese Orders
New Shipping, a Greek shipping company, has recently secured a contract for a new suezmax crude oil tanker from CSSC…
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Malaysia Orders Second Multi-Purpose Mission Ship from Türkiye
Malaysia’s Home Ministry has officially signed a contract for a second Multi-Purpose Mission Ship (MPMS) for the Malaysian Coast Guard,…
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Venezuelan Tankers Return Amid U.S. Oil Seizures
In a significant development, four tankers that departed Venezuela in early January have returned to the country’s waters, reportedly loaded…
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