Shipping

Apollo Acquires Hav Energy — HHI Eyes Additional LNG Carrier Orders

8 Vessels Already Under Construction at Hyundai; Platform Expansion Expected Hyundai Heavy Industries (HHI) is set to benefit from a new wave of LNG carrier demand after U.S. private equity giant Apollo Global Management agreed to ac..

News > Shipping > 2025-05-09 11:40:27

Odfjell Orders Two Additional Chemical Tankers

Norwegian Owner Continues Fleet Renewal Amid Profit Decline Norwegian chemical tanker operator Odfjell has announced the order of two new 35,000-dwt stainless steel chemical tankers, set for delivery in 2027 and 2028, as part of its ..

News > Shipping > 2025-05-09 08:49:35

Adhart Orders Four 64K Bulk Carriers at New Dayang — Accelerates Fleet Diversification

From Tankers to Bulkers, a Total of Eight Newbuildings Secured — Executive Group’s Fleet Restructuring Gains Momentum Adhart Shipping, a fleet management subsidiary of Executive Ship Management, has placed an order for fo..

News > Shipping > 2025-05-09 08:35:22

"Maersk's Methanol Dual-Fuel Vessel Faces Engine Defects"

Material selection and load reliability issues are "infantile defects"... Engine stabilization is a bigger challenge than fuel supply. Maersk, one of the world's largest shipping companies, is facing difficulties with e..

News > Shipping > 2025-05-09 08:33:20

Indonesia’s Coal King Orders 8 Ultramax Bulkers at Oshima Shipyard

Estimated $328m deal for 64,000-dwt ships due in 2028–2029 Indonesia’s leading coal conglomerate, the Jhonlin Group, is believed to have placed an order for eight ultramax bulk carriers at Japan’s Oshima Shipbuildin..

News > Shipping > 2025-05-09 08:25:11

Evalend orders two more Suezmax tankers

Greek shipowner Evalend Shipping has recently placed an order for two additional Suezmax tankers. According to several media outlets, the order is linked to a contract to build two Suezmax tankers, which has recently been signed by H..

News > Shipping > 2025-05-08 11:14:55

Italy’s Marnavi Expands Chemical Tanker Orders

Option exercised for third 13,000-DWT newbuilding; delivery set for H2 2027 Naples-based Italian shipowner Marnavi has returned to Chinese shipyards for the first time in seven years, accelerating its newbuilding programme for chemic..

News > Shipping > 2025-05-08 08:14:03

Container charter market starts to cool after pandemic

The global container shipping market, which surged in the aftermath of the pandemic, now appears to be stabilizing. The red-hot container charter market is showing signs of cooling, according to the latest data from Clarksons. The br..

News > Shipping > 2025-05-07 17:00:00

Yards keep eyes on mid and large boxship demands

Container shipping market is taking a breather, but South Korean shipyards are seeking for new opportunities in the mid- and long-term. As large-sized operators are to reorganize a global network amid the current China–United S..

News > Shipping > 2025-05-07 15:57:44

Shell examines undertaking BP

Multinational oil and gas companyShell examines undertaking British oil major BP. If the plan is accomplished, a giant energy and shipping company with a combined market capitalisation of around $266bn (about £200bn) willemerge..

News > Shipping > 2025-05-07 08:59:28