Petrobras hires two more DOF vessels
Norwegian offshore vessel owner DOF has won two long-term contracts in Brazil with state-owned oil firm Petrobras.Petrobras hired the 2005-built Skandi Chieftai...
Shipping News
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SMM: Shipping gears up for AI and efficiency push
Global shipowners, yards, and suppliers are gearing up for a new investment cycle focused on fleet efficiency, artificial intelligence, and sustainability, acco...
Port of Long Beach moves record cargo while cutting emissions
Cleaner cargo movement and stronger sustainability performance in 2024The Port of Long Beach moved record cargo volumes in 2024 while continuing to reduce harmf...
SWS and TCC Group celebrate two new Aframax Tankers
Shanghai Waigaoqiao Shipbuilding (SWS) has marked the naming of two new 114,000 DWT Aframax product tankers built for Tai Chong Cheang Steamship Co. (H.K.) Ltd....
C.H. Robinson launches new Asset Management System
C.H. Robinson has launched a new Asset Management System (AMS) within its Drop Trailer Plus program, giving shippers greater control, visibility, and efficiency...
SeaLead upgrades 5CX Service linking Asia – Mediterranean
Global shipping line SeaLead has announced a major upgrade to its Five Seas Express (5CX) service, introducing a new routing structure designed to boost efficie...
VLCC sales heat up across the age spectrum
Sales of very large crude carriers (VLCCs) are driving the secondhand market, with both modern and vintage units changing hands at firm prices amid strong senti...
Price gap widens between Japanese and Chinese-built tonnage
The price divide between Japanese and Chinese-built bulk carriers is widening, as fresh sales highlight buyers’ ongoing preference for Japanese tonnage.With s...
Port fees become the new tariffs in US-China maritime showdown
China has officially started collecting special port fees from US-owned, operated, built, or flagged vessels on Tuesday but said Chinese-built ships would be ex...
TS Lines quits the transpacific
TS Lines will quit the transpacific trades from next month when it withdraws its single vessel operated on the Asia-US west coast (AWC) service that is jointly ...
Beijing places sanctions on Hanwha Ocean’s American assets
China has sanctioned five American subsidiaries of Hanwha Ocean, the South Korean shipbuilder formerly known as Daewoo Shipbuilding & Marine Engineering, claimi...
Wah Kwong forms dry bulk venture with Wuhu Shipyard
Hong Kong shipowner Wah Kwong has teamed with China’s Yingxing Leasing and Wuhu Shipyard to launch a joint venture called Huaxing Shipping, with an initial or...