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Improving vessel energy efficiency is an important part of the maritime industry’s efforts to reduce fuel consumption and greenhouse gas emissions. While hull performance often receives significant attention, the condition...
The United States on Wednesday sanctioned a network of individuals and companies accused of operating fraudulent ship registries that helped Iran’s shadow fleet evade sanctions, while issuing a new warning...
Greek gas shipowner Benelux Overseas has been linked to another pair of midsize gas carriers at China’s Huangpu Wenchong Shipbuilding, adding to its growing orderbook at the CSSC-affiliated yard. Shipbuilding sources have identified the …
Danish product tanker giant Torm has stepped up its fleet expansion with agreements for eight LR2 newbuildings through a 50:50 joint venture. The Copenhagen- and New York-listed owner disclosed the latest contracts in its third-quarter r…
The U.S. Coast Guard is exploring the use of commercial icebreaking vessels to help keep Northeast ports and waterways open this winter, as the service prepares for another season of...
The transpacific has become the most lucrative major container shipping trade in the world, with carriers generating five times more spot revenue per nautical mile on the Shanghai–Los Angeles route than on shipments to North Europe via t…
Indonesian offshore vessel operator PT Pelayaran Nasional Ekalya Purnamasari (ELPI) has secured a three-year charter contract worth $12.04m with UAE-based Atlantic Maritime Group. The contract covers two crewboat vessels, Kazo Agility 2 …
The U.S. Coast Guard has detained the cruise ship MSC Poesia at PortMiami, forcing MSC Cruises to cancel an 11-night Caribbean voyage after the vessel remained in port for two...
Singapore’s Keppel has secured a five-year bareboat charter extension worth approximately $51m for its AD110 jackup rig with Saudi drilling contractor Arabian Drilling Company. The agreement, signed through Keppel subsidiary RigCo Holdin…
