Mitsui O.S.K. Lines (MOL) announced on March 24 that the company and its wholly-owned subsidiary MOL Chemical Tankers (MOLCT), along with Belgium-based CMB.TECH NV, have decided to jointly own and charter a total of nine Capesize bulker..
Hanwha Group reveals its position to support and assist the US' policy of containing Chinese shipbuilding and shipping businesses. According to industrial source, the Office of the United States Trade Representative (USTR) is sch..
GTT announced on March 20 that its smart shipping arm Ascenz Marorka is expanding its Real-Time Fleet Performance Monitoring Service to the Americas time zones. Following successful deployments in France and Singapore, this extension..
Tsakos Energy Navigation (TEN) has recently announced the construction of nine DP2 Suezmax Shuttle Tankers with 15-year employment contracts for Petrobras Transporte S.A. (Transpetro), Brazil’s largest oil and gas transportation c..
Titan Clean Fuels (Titan) and Mitsui O.S.K. Lines (MOL) have completed the first LNG and liquefied biomethane (bio-LNG) bunkering operation of a new multi-delivery contract for MOL’s vehicle carrier fleet. On the 16th of March,..
Premium project heavy lift carrier, AAL Shipping, has recently held a formal naming ceremony for its fifth Super B-Class vessel, the ‘AAL Dubai’. This latest addition not only enhances AAL’s third-generation newbuildin..
Samsung Heavy Industries (SHI) has built a unique portfolio among Korea’s “Big Three” shipbuilders, focusing primarily on high-value-added vessels and offshore plants while avoiding the construction of specialized ship..
French shipping company CMA CGM showed a significant increase in net profit, including sales, last year. CMA CGM reported net income of $5.71 billion last year, up 56.9% from $3.64 billion a year earlier. Meanwhile, sales rose 18%..
Pacific International Lines (PIL) announced on March 10 that its fourth 14,000 TEU LNG dual-fuel container vessel has been christened. The vessel was named Kota Embun by Mrs Evelyn Ng, wife of Mr Ng Kee Choe, Deputy Chairman of PIL, ..
CMA CGM is in discussions with shipyards about the possibility of having medium-sized container ships built in the United States, the French shipping group’s CEO Rodolphe Saade told Les Echos newspaper. “We are in talks w..
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