New power: CSX signs $670M locomotive deal
CSX has signed a $670 million deal with Wabtec to upgrade its locomotive fleet with 100 new locomotives and 50 modernized units, as well as related digital syst...
Shipping News
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Sinokor becomes the world’s ‘super operator’ of supertankers
Sinokor’s stunning raid in the tanker markets over the past two months is making the Korean shipowner the largest operator of VLCCs in the world. Sinokor’s ...
Pelagic Credit plans Oslo float as it hunts nine vessel deals
Cyprus-based shipowner and fund manager Pelagic Partners is heading to Norway’s capital markets, lining up a private placement and listing for its shipping cr...
Danaos steps into bulker newbuilds with newcastlemax order
Greece’s Danaos has stepped into bulker newbuildings for the first time, unveiling the move as part of a six-ship order programme that widens both its fleet m...
Industry’s doom‑and‑gloom PR is sinking seafaring
Carl Martin Faannessen from crewing agent Noatun Maritime calls for an urgent need to start changing the narrative about careers at sea.Our industry is painting...
ONGC taps Vantage drillship for multi-year India programme
Offshore drilling contractor Vantage Drilling has been informed that it received a binding notification of award from India’s ONGC for the 2010-built drillshi...
Subsea 7 wins Mediterranean subsea deal from Chevron
Offshore engineering and services player Subsea 7 has won a contract from US supermajor Chevron for subsea installation in the Eastern Mediterranean.Subsea 7’...
Hiab expands US footprint with MGX Equipment Services dealer agreement
Hiab has expanded its presence in the United States by appointing MGX Equipment Services as a new dealer across 13 states. The agreement strengthens Hiab’s di...
Former FMCSA chief Mullen will head Truckload Carriers
Jim Mullen, who served a stint as the interim head of the Federal Motor Carrier Safety Administration, is going to be the next president of the Truckload Carrie...
MOL completes Japan’s first ship-to-ship methanol bunkering at Yokohama
Mitsui O.S.K. Lines (MOL) has joined a five-party partnership to complete Japan’s first ship-to-ship methanol bunkering at an anchorage in Yokohama. The opera...
Hapag-Lloyd reports preliminary business figures for 2025
Hapag-Lloyd has published its preliminary financial results for the 2025 financial year, reporting performance at the upper end of its earnings guidance despite...
Truck orders rebound in January, but recovery remains uneven
North American commercial truck orders showed renewed momentum in January, with data pointing to solid year-over-year gains in Class 8 demand.However, January�...