News

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 ...
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 ...
Sumant Ahlawat-led Apeejay Shipping has reshuffled its dry bulk fleet, opting for larger units even at the expense of raising its overall fleet age. Last week, Greece’s Star Bulk Carriers ...
Just over a month after DOF announced the sale of an anchor handler pair to an undisclosed company, the name of the buyer has come to light.
Chinese shipbuilder Jiangsu Dajin Heavy Industry has signed a contract for six multipurpose general cargo newbuilds, marking another addition to its growing backlog. The order, secured in ...
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 ...
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 ...
Sign-ups to next year’s Geneva Dry – the world’s premier commodities shipping summit – are pouring in with organisers finalising the session line-ups for dry bulk’s biggest annual gathering.
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 ...
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 ...
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.
In its latest fleet status report, Stena Drilling has revealed details of several new deals won by the company’s rigs. The 2012-built Stena IceMAX drillship has won a four-well firm campaign in ...