Chinook Oldendorff expected to reap 9% fuel consumption savings from wind propulsion on its North Pacific route.

Chinese integrated shipping service provider Seacon is expanding its fleet through the purchase of six multi-purpose dry cargo vessels at a total consideration of $63.9m.

HD KSOE says it has obtained Approvals in Principle (AIP) from class and flag-state for an ammonia fuel supply system.

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America. Michèle first came to Panama as a ...

The latest edition of the Panama Maritime Review focuses on the critical issues shaping Panama's shipping industry, providing exclusive insight into the country's maritime, logistics and port ...

Average rollover rates at ports surveyed by Ocean Insights increased to 37% in December and in some ports went past the 50% mark. The level of rollovers is calculated on the basis of percentage of ...

The ships for GEFO have been optimised to consume less fuel and produce lower emissions, which is ready for innovative fuels also, the Hamburg-based shipowner said. The newbuilds will serve to ...

Along with its financial results for 2022, Torm today announced the refinancing of $433m of bank and leasing agreements, pushing their debt maturities to 2028 with possible extensions to 2029.

The two-year deal between Stolt Tankers and Graphite Innovations & Technology (GIT) covers the application of GIT’s XGIT-PROP coating to 25 ships during 2023. The installations follow a trial ...

The Middle East & Africa continue to be areas of huge growth for the maritime, shipping and logistics sectors. The report looks at what has made the news in 2023 across the GCC with a special ...

HHI’s Hyundai Mipo Dockyard (HMD) penned a contract with compatriot Pan Ocean to construct four 50,000-dwt MR tankers at a total price of KRW157.37bn. The four tankers will be delivered in ...

Teekay Tankers will see three unnamed 2003-built suezmax tankers in separate transactions for combined sale proceeds of approximately $57m. The first tanker was delivered to the buyer in December ...