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 ...

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 ...

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, ...

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 ...

Malaysian tanker owner and operator Orkim has expanded its fleet with its largest vessel to date. The company recently took delivery of the 49,999 dwt MR tanker Orkim Citrine. The vessel expands Orkim ...

Experts covering the Red Sea shipping crisis have advised caution over any swift return to the Middle Eastern tradelane. Yesterday, the Houthis officially announced that they have paused maritime ...

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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, ...

Japanese shipping giant Nippon Yusen Kaisha is spending EUR1.25bn ($1.45bn) to acquire the healthcare logistics business of the Walden Group through the acquisition of the entire share capital of ...

A new shipping venture from the Prokopiou clan in Greece has emerged with brokers reporting a first LR1 purchase. Marielena Procopiou, the daughter of Greek tycoon George Prokopiou, is behind a new ...

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 ...

SpecTec chief executive Adam Dennett says shipping’s next big digital breakthrough won’t come from new tools, but from getting existing… ...