The big ports deal involving CK Hutchison has hit choppy waters. The Hong Kong-based conglomerate confirmed yesterday that its planned sale of 43 global ports for just shy of $23bn is unlikely to ...

A fire broke out on Wednesday onboard a Maersk ultra-large containership while sailing off the coast of Liberia. The 2013-built 19,076 teu Marie Maersk, operating under the Gemini Cooperation’s ...

Singapore’s X-Press Feeders has hit back at the Sri Lankan Supreme Court’s order to pay $1bn within a year over the 2021 X-Press Pearl casualty, warning the decision tramples on due process ...

Norwegian shipleasing specialist Ocean Yield and KKR-managed vehicles have agreed to acquire CapeOmega Gas Transportation from private equity firm Partners Group, expanding their exposure to the ...

Chinese yard Taizhou Zhonghang Shipbuilding has secured a fresh order for four 63,000 dwt general cargo ships from Hong Kong’s King Ship (HK). The contract, signed yesterday at Taizhou Port ...

A South African court has overturned an environmental authorisation for offshore drilling given to French energy giant TotalEnergies. The country’s High Court said the green light for ...

Barcelona-based bound4blue has been turning heads with its suction sails—wind-assisted propulsion systems now cutting fuel burn and emissions on multiple ships. But ask CEO and co-founder José ...

The United States’ formal rejection of the International Maritime Organization’s (IMO) proposed net-zero framework for the shipping industry led coverage at Splash this week. This framework ...

Greek shipowner Imperial Petroleum is continuing its fleet expansion with the purchase of three Japanese-built bulk carriers from Brave Maritime, a sister company controlled by the Vafias family ...

Norwegian offshore vessel owner DOF has won two new long-term vessel contracts in Brazil. The company said that its 2001-built Skandi Carla and the 2006-built Geoholm have been contracted on four ...

South Korea’s HD Hyundai is set to start shipbuilding in the Philippines from January next year, with a revamped Subic Bay yard capable of turning out up to 10 vessels annually.

Capesize transactions are ticking in at a steady pace, and Chinese-built bulkers are again selling at a rapid rate. VesselsValue lists the last six cape transactions, all of which are China-built ...