A flurry of secondhand tanker sales has emerged across various size segments this week, with MR2 units drawing the most buyer interest in the wet trades. Yet, while steady charter rates have ...

The National Transportation Safety Board (NTSB) in the US has released the audio transcript from the Dali containership’s voyager data recorder (VDR) on the night of March 26 last year when it ...

The global shipbuilding industry is currently experiencing a significant downturn in newbuilding orders, primarily due to regulatory uncertainties and geopolitical… ...

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Saudi oil and gas driller ADES has won a new contract for one of its jackup rigs from Africa-focused oil… ...

It was 30 years ago this summer that Nick Brown walked into the Fenchurch Street offices of Lloyd’s Register as… ...

A Marshall Islands-flagged chemical tanker was boarded by four individuals some 100 nautical miles southwest of Brass, Nigeria, according to UK maritime security specialists Ambrey. The ...

“Through government support and public investments to its national shipbuilding ecosystem, China emerged as a market leader, commanding currently nearly 65% of global shipbuilding orders, an ...

Activity in the secondhand dry bulk and tanker markets remained mixed over the past month, with select segments showing resilience despite downward pressure on asset prices. While overall volumes ...

Bulker operator Norvic Shipping has set out to expand its fleet with a handymax newbuild. The AJ Rahman-led outfit has penned a long-term charter deal with a “renowned Japanese shipowner” for ...

Earlier this year, the company also contracted Shanghai Waigaoqiao Shipbuilding (SWS) for six 10,000 teu vessels at about $127m each and deliveries beginning in 2027. Seaspan is the world’s ...

Ningbo Ocean Shipping Co (NBOSCO) has revealed a fleet expansion plan, which is expected to see four newbuildings added to its fleet. The Shanghai-listed subsidiary of Ningbo-Zhoushan Port Group ...