Euronav NV is pleased to announce that it has concluded an order for two bitumen tankers with China Merchants Jinling Shipyard (Yangzhou) Dingheng Co. (Yangzhou, China). The vessels are expected to be delivered in the fourth quarter of 2026 and have been chartered to...

Read More

The Greek government on Monday approved the country’s participation in a European Union naval mission in the Red Sea to protect merchant ships from attacks by Yemen’s Iran-backed Houthi militia, a government spokesman said. Many commercial shippers have diverted...

Read More

US LPG exports via the Panama Canal rose slightly in January, according to the US Energy Information Administration, but there is little wiggle room for an increase in flows of LNG through the canal, according to traders and data from S&P Global Commodity...

Read More

The Baltic Exchange’s dry bulk sea freight index edged up to a seven-week high on Monday, buoyed by climbing rates in the capesize and supramax segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 5 points, or...

Read More

Marine and offshore pumping system supplier Framo has awarded Hydroniq Coolers a frame agreement to deliver tube coolers for use in Framo’s hydraulic pump units that are supplied to Medium-Range (MR) tankers. Under the frame agreement, Hydroniq Coolers will supply...

Read More

Aluminium prices hit a one-month low on Monday after inventories in Shanghai jumped and the United States did not impose sanctions on Russian metal. Benchmark aluminium on the London Metal Exchange rose 0.2% to $2,185 a metric ton in official rings from an earlier...

Read More