News Flash
Yangpu Zhongxin Shipping places $274m order for five LR2 tankers at Yangzhou yard
China’s Yangpu Zhongxin Shipping has signed a contract for five 114,000-dwt LR2 product tankers at Yangzhou Longhe Shipbuilding, according to...
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MSC shifts ownership to Aponte heirs
MSC Mediterranean Shipping Company has completed a transfer of ownership from founder Captain Gianluigi Aponte to his children Diego and...
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Wallenius Lines moves to full control of Wallenius SOL with buyout of SOL stake
Wallenius Lines has agreed to acquire SOL Group’s shares in Wallenius SOL, becoming sole owner of the joint venture, according...
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US orders blockade of Iranian ports as Tehran warns Gulf shipping of wider risks
The United States will begin blockading all maritime traffic entering and leaving Iranian ports from April 13, sharply escalating risk...
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South Korea’s big three shipbuilders set for Q1 profit surge
South Korea’s three largest shipbuilders—HD Korea Shipbuilding & Offshore Engineering, Hanwha Ocean and Samsung Heavy Industries—are set to deliver a...
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Econowind targets deepsea segment with launch of 5-series VentoFoil
Dutch wind-assisted propulsion specialist Econowind is pushing into the deepsea segment with a 30-metre 5-series VentoFoil suction wing for oceangoing...
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Danish Shipping appoints first female chair
Caroline Pontoppidan has been elected chairwoman of Danish Shipping at the organisation’s annual general meeting, succeeding Torben Carlsen of DFDS...
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OPCSA expands hybrid RTG fleet in Canary Islands
Operaciones Portuarias Canarias S.A. (OPCSA) has ordered four additional diesel-hybrid Rubber-Tired Gantry (RTG) cranes from Konecranes. The order was booked in...
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CK Hutchison to seek arbitration over Maersk
CK Hutchison’s Panama-based subsidiary, Panama Ports Company (PPC), is preparing to initiate arbitration proceedings against Maersk over the takeover of two strategic...
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Angola launches international tender for Caio deep-water terminal concession
Angola has launched an international tender for the concession of the management, operation and maintenance of the Caio deep-water terminal,...
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COSCO Shipping Development takes delivery of China-built 80,000-dwt grain carrier
COSCO Shipping Development has taken delivery of Guo Yun Hai, an 80,000-dwt multi-purpose grain carrier built by Dalian COSCO Shipping...
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Gasunie and Fluxys agree cross-border hydrogen link between Netherlands and Belgium
Gasunie subsidiary Hynetwork and Fluxys Hydrogen have signed an agreement to develop a cross-border hydrogen pipeline between the Netherlands and...
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Petrobras agrees $450m deal to regain full control of Campos basin assets
Petrobras has signed agreements with Petronas Petróleo Brasil Ltda to acquire a 50% stake in the Tartaruga Verde field and...
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Kongsberg Vanguard wins design contract for Canadian coast guard mid-shore vessels
Kongsberg Vanguard LP has secured a federal contract to design the Canadian Coast Guard’s Mid-Shore Multi-Mission vessels, launching a programme...
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Antwerp reopens Scheldt after oil spill
The Port of Antwerp-Bruges reopened the River Scheldt to shipping on April 10 after an oil spill during a bunkering...
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Singapore extinguishes container fire on Ever Lenient at Pasir Panjang terminal
A container fire on board the London-registered vessel Ever Lenient at PSA Pasir Panjang Terminal has been extinguished, Singapore’s maritime...
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ONE rolls out MAX loop linking Asia, Europe and West Africa via Med hubs
Ocean Network Express will launch its Mediterranean Africa Express (MAX) service linking Far East Asia, Northern Europe and West Africa...
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Baltic Dry Index Up for 5th Day
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a fifth...
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Shipping: The Hormuz Strait Conundrum After The War in the Middle East
Even if the current war in the Middle East is resolved peacefully in the coming weeks, shipping in the region...
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Global order book hits 17-year high amid record crude tanker contracting
“By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m...
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