Economou ramps up boxship ordering spree
Greek owner George Economou’s TMS Group is set to boost its containership fleet with another wave of LNG dual-fuel newbuildings at China’s Zhoushan Changhon...
Shipping News
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Minerva and Laskaridis boost tanker bets with LR2s at Hengli
Hengli Heavy Industry has tightened its foothold in the Greek newbuilding market after securing fresh LR2 product tanker orders from shipowning groups Alimia an...
Samsung Heavy forms two American shipyard tie-ups
Samsung Heavy Industries (SHI) from South Korea has made significant advancements in the shipbuilding sector in the United States by forming two new collaborati...
Global liners look at acquiring ZIM
Hapag-Lloyd is seeking to acquire ZIM, Israel’s largest container carrier, according to multiple media outlets, but the move is already running into resistanc...
StormGeo: How decision-making in shipping is changing
According to StormGeo CEO Kim Sørensen, the next 12 months will mark a critical inflection point in how decisions are made at sea and ashore.“Over ...
How Saudi Arabia and UAE are racing to control the future of Middle East shipping
Dubai’s port dominance faces challenge as Riyadh invests hundreds of billions in alternative trade corridors.The post How Saudi Arabia and UAE are racing to c...
Laude, Loconi launch Gdańsk–Ukraine rail link
Laude Smart Intermodal and Loconi Intermodal have launched a new rail connection from the Baltic Hub terminal in Gdańsk to Ukraine.The service runs in coop...
MABUX: Bunker indices mixed in week 49
At the close of Week 49, the global MABUX bunker indices moved in mixed directions, with no distinct trend emerging. The 380 HSFO index rose by US$6.26 to US$41...
Fincantieri and ASRY sign Bahrain cooperation deal
Fincantieri has signed an industrial cooperation agreement with Bahrain’s ASRY. The deal strengthens the Italian group’s presence in the Gulf.Italian Prime ...
WinGD, OPearl sign 15-year service deal
WinGD has signed a 15-year service agreement with OPearl LNG Ship Management. The deal was signed at Marintec in December.The agreement covers 14 LNG carriers. ...
Freightos Weekly Update: Red Sea rebound false start?
Last week, statements by the Suez Canal Authority indicated that Maersk’s return to the Red Sea was imminent. Maersk quickly denied they had set a date, and n...
Liebherr to deliver first STS cranes to Florida’s Gulf Coast
Liebherr Container Cranes has signed an agreement to supply two ship-to-shore (STS) cranes to Port Tampa Bay in Florida. The deal marks Liebherr’s first STS c...