HD HHI and Capital Gas Ship Management have received approval in principle for a 40,000 cbm LCO2 carrier from Lloyd’s Register, developed following a joint development project between the parties. The vessel has been designed to support the growing CO2 value chain...

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At the Posidonia trade fair, classification society DNV presented Tsakos Energy Navigation Ltd (T.E.N.) with a certificate recognizing their recently contracted vessels as the first shuttle tankers set to receive the DNV Cyber Secure Essential notation. The vessels,...

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Asia’s High Sulphur Fuel Oil (HSFO) market continued to ease on Thursday, while onshore inventories in Singapore recovered for a second consecutive week. The recent rally in HSFO has shown signs of losing steam this week, traders and analysts said. Refining cracks for...

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ABS unveiled plans to create a pioneering new ship safety center in Athens harnessing the power of new immersive training techniques, game-based learning and virtual reality environments for the Greek shipping community. The Hellenic Ship Safety Center is designed to...

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Libra Group exited the container shipping market this week after selling close to 100 vessels for more than $2 billion over several years to focus on innovation and sustainability as new drivers of growth, the company’s Executive Chairman said. The container market...

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The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, extended gains for a third consecutive session on Thursday, buoyed by higher rates for the larger vessel segments. The overall index, which factors in rates for...

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