Shipping’s human capital crunch is fast becoming one of its defining challenges of the decade. The latest chapter from our brand-new Seafarers magazine which is being distributed across Hong Kong ...
Mermaid Maritime has established a new joint venture in Equatorial Guinea as it seeks to deepen its presence in West Africa’s offshore oil and gas market. The venture pairs Mermaid Subsea Oil and Gas ...
Prosafe has landed another extension for the accommodation unit Safe Caledonia after Ithaca Energy opted for an additional seven weeks of work at the Captain field in the UK North Sea. The latest ...
The total number of secondhand boxships Mediterranean Shipping Co (MSC) has added to its fleet since embarking on an unprecedented buying spree in August 2020, largely in lieu of chartering tonnage, ...
Bulgarian shipowner Navibulgar has returned to Yangzijiang Shipbuilding for another round of bulk carrier newbuildings, contracting four geared vessels for delivery between 2028 and 2029. Shipbuilding ...
Vietnam’s Hai An Transport and Stevedoring has stepped up its fleet expansion drive with an order for its largest containerships to date. The Hanoi-based shipowner has contracted Dalian Shipbuilding ...
Bulker prices continue to firm, with fresh secondhand sales showing a steady uptick in values. Both traditional owners and asset players are seizing the opportunity to capitalise. Several broking ...
The Ukrainian military looks determined to permanently take the port of Tuapse offline. Overnight, the port, one of Russia’s main crude export outlets on the Black Sea, was hit again by drone strikes, ...
Thailand’s Regional Container Lines (RCL) has placed an order for two 14,000 teu containerships at HD Hyundai Heavy Industries, marking the first collaboration between the two companies. The contract, ...
AD Ports Group has struck a deal with France’s CMA CGM Group to acquire a 20% stake in Latakia International Container Terminal (LICT), Syria’s main container facility, for AED 81m ($22m). Under the ...
Greek shipowner Harry Vafias is leading a fresh charge into the crude tanker sector with orders for up to six newbuildings at HD Hyundai, joining a growing list of compatriots expanding and renewing ...
The threat of Somali piracy is re-emerging in the Indian Ocean, with recent incidents highlighting the increasing sophistication and reach of pirate groups. Yesterday’s hijacking of the Malta-flagged ...