On the first week of December, the Korean Register (KR) signed a Memorandum of Understanding (MOU) with two other Korean maritime entities-Sinokor Merchant Marine Company and HD Hyundai Marine Solution-on 'The development of Conditi..
The booming car carrier freight market which lasted for years is getting pulled back further. David Whittaker of Clarksons Research notes, "The car carrier sector has been one of the hottest parts in the shipping industry in rec..
Eastern Pacific Shipping, controlled by Idan Ofer, has decided to switch the engine on seven of its 14 newcastlemax bulkers under construction at Qingdao Beihai Shipbuilding from ammonia to LNG dual-fuel systems. This move follows delay..
The fleet renewal momentum of Mediterranean Shipping Company (MSC), the Swiss container shipping leader helmed by Gianluigi Aponte, continues unabated. According to industry sources and TradeWinds, MSC’s orderbook at Chinese sh..
Hudong-Zhonghua Shipyard which has consecutively delivered LNG carriers to QatarEnergy this year, is about to deliver another LNG carrier to the same shipowner. According to industry sources, Hudong-Zhonghua, a yard under the Chinese..
India’s Chowgule Shipyard has launched the plug-in hybrid vessel Terramar, marking the sixth vessel in a series ordered by AtoB@C Shipping, a subsidiary of Sweden’s ESL Shipping. The launch took place on December 11, local t..
Odfjell has now exercised purchase options for an additional four vessels currently on long-term lease to the company. With these agreements, Odfjell is set to purchase a total of seven chemical tankers over the next 14 months. All v..
ON TUESDAY, DECEMBER 10, WE DELIVERED THE 11,000-PIECE CONTAINER SHIP "VARANYA BHUM" BUILT AT OUR HIROSHIMA PLANT. With a container loading capacity equivalent to 11,714 TEUs, this container vessel is equipped with up to fo..
With the demand for LCO2 transportation in the Asia Pacific (APAC) region expected to increase over the years, a joint-study has found that cross-border LCO2 shipping could induce a surge in newbuilds. In the report titled "Oppo..
Dynacom Tankers Management is planning to order a series of Suezmax tankers at Chinese shipyards. Industry sources and TradeWinds pointed out that Dynacom Tankers is looking to order conventionally fueled oil carriers at the CSSC-aff..
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