Greek shipowner Vafias orders four tankers in South Korea for ~$422M; two VLCCs, two LR2 product tankersStealth Maritime expansion adds to existing newbuild…
Finland jails captain and crew member over Baltic cable sabotage
A Finnish court has sentenced the captain and a crew member of the general cargo ship Fitburg to prison for deliberately damaging two subsea…
Seacon snaps up fresh tanker in $19.6m deal
Hong Kong-listed Seacon Shipping has struck a $19.6m deal for a newly built oil and chemical tanker, adding to its fleet amid reports of a f…
A paperwork detention in the Arctic, and why shipping should care
Norwegian inspectors boarded a Chinese-owned heavy-lift ship and found that it had no valid flag registration and lacked the required certif…
Navios adds $215m tanker trio to newbuild pipeline
Angeliki Frangou's Navios Maritime Partners has revealed another $215.2m in tanker newbuilding acquisitions, adding a VLCC and two MR produc…
Odfjell locks in two more tanker newbuilds for 2029
Norwegian chemical tanker owner Odfjell has lined up another two 40,000 dwt stainless steel newbuildings in Japan, extending its fleet renew…
PIL orders seven methanol-ready feeder containerships in China
Pacific International Lines (PIL) has ordered seven new methanol-ready feeder containerships from Huanghai Shipbuilding in China, as part of…
Klaveness Combination Carriers clinches record-rate three-year tanker charter
Norwegian shipowner Klaveness Combination Carriers (KCC) has secured a three-year time charter for one of its Cleanbu combination carriers, …
Maersk Slides as Upgraded Guidance Is Lower Than Anticipated
AP Moller-Maersk A/S shares slumped after a guidance upgrade and third-quarter earnings from the world's second-largest shipping line fell s…