After months of financial constraints, things could soon start improving for ship recyclers in Bangladesh and Pakistan. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “there have been rumours circulating this week that the financial...

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Bahri Line, a business unit under Bahri Logistics, has officially established a new pendulum service line between the Asian and European continents. Traveling through Jeddah Islamic Port, the new cargo shipping line comes as an extension of Bahri’s expansion plan to...

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Mitsui O.S.K. Lines, Ltd. announced its decision to integrate two wholly owned ferry and coastal RORO vessel operating companies, MOL Ferry Co., Ltd. and Ferry Sunflower Limited. On October 1,2023, the companies will be merged, with MOL Ferry as the surviving company....

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The signing ceremony for bare boat charter and time charter contracts for two 7,500m3 liquefied CO2 ships between Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Northern Lights JV DA was held in Stavanger, Norway on 10th February 2023. Both companies shared the...

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RINA, the international classification society, has today announced the signing of a Memorandum of Understanding (MoU) with ABB. The MoU focuses on establishing a collaborative relationship with the aim to develop new concepts to reduce emissions in shipping for...

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Spain has denied entry into Tarragona port to the Maersk Magellan, a Singapore-flagged vessel, due to it transporting oil products originating from a Russian ship, the country’s Transport Ministry said Feb. 10. Maersk Magellan was planning to unload the diesel at...

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