BW LNG has recently announced the signing of a 10-year charter with the National Electric Power Company (NEPCO), Hashemite Kingdom of Jordan, to deploy a Floating Storage Unit (FSU) for national energy needs. In addition, NEPCO will acq..
Every month over the past 15 years, Greek shipping companies have, on average, either shut down or moved abroad, leading to a decrease in the number of Greek shipowners. According to Petrofin Research, the number of shipping firms ba..
Ocean Infinity has achieved a groundbreaking milestone in maritime innovation, receiving a Statement of Compliance (SOC) from DNV for its revolutionary remotely supported vessel operations. The approval from DNV, the world's leading..
ClassNK has updated its report ‘ClassNK Alternative Fuels Insight’ initially released in May 2024, to Version 2.0. This update includes the latest information on alternative fuel ships, including orders and deliveries, deman..
Sogestran Shipping S.A. and Christiania Holding A/S (Christiania Shipping) announced on September 2 that Christiania Shipping will acquire 100% of the shares in NAVQUIM Holding B.V. (NAVQUIM) from Sogestran Shipping. A share purchase ag..
After Russia invaded Ukraine in February 2022, premiums associated with imposed sanctions and war insurance have significantly risen. This has notably influenced the demand for older bulkers, with increased interest from owners based in..
Samskip has recently announced its partnership in the groundbreaking HyEkoTank project, an initiative supported by the European Union’s Horizon Europe program. As part of its ongoing efforts to reach net zero emissions by 2040, Sa..
ClassNK has recently published estimated leak frequencies of ammonia fuel from onboard components for ammonia-fueled ships, usable for risk assessment. The estimated leak frequencies were added as an appendix of 'Part C of Guideline..
Diana Shipping announced on August 29 that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill Ocean Transportation (Singapore) Pte. Ltd., for one of its Ultramax dry bulk vessels, the m..
COSCO Shipping Group affiliated company, COSCO Shipping Specialized Carriers, recently took delivery of three pulp carriers. Industry and foreign sources say that COSCO Shipping Specialized Carriers included sister vessels, 'COSC..
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