Top 3 Successful Shipyards Cannot Afford To Add Workforce
South Korea’s shipbuilding majors have shed some 1,500 jobs on their payrolls during the first half despite their record-breaking order book this year, reports...
Maersk Invests $1.4 Billion in Methanol-powered Ships
Maritime container giant A.P. Moller - Maersk is taking steps toward its pledge to “decarbonize” operations, saying today that it will begin replacing its...
EuroDry Announces Its $24.5m Worth Acquisition Deal
EuroDry has acquired 2014-built ultramax bulker Asia Ruby II, says a press release published on their website.
Vessel acquisition
Nasdaq-listed dry bulk owner EuroDry has announced...
Houston Ship Channel Ventures Into 11th Major Improvement
A significant milestone in the history of the Houston Ship Channel was recognized today with the formal presentation of the Project Partnership Agreement...
RCL Acquires A Pair of 12,000 Teu Resale Vessels
Thai-listed feeder and intra-Asian container carrier Regional Container Lines (RCL) is making a major step up in ship size acquiring a pair of...
Jinhui Acquires Belships’ Bulker
Jinhui has acquired another supramax bulk carrier from Belships.
The acquisition took place after taking its older ship earlier in July.
Jinhui Shipping and...
Pacific Basin Adds Another Bulker To Its Fleet
Pacific Basin has added a Japanese-built handysize bulker to its fleet.
The handysize bulker, Nereus Island is said to be bought according to...
DSIC Delivers 6th 115,000DWT Tanker To Maersk
On August 18, China Shipbuilding Trading and Dalian Shipbuilding Industry delivered another 115,000DWT crude/product tanker "MAERSK SIMONE" to Maersk Tankers.
The ship is...
This Cryptocurrency Trading Platform Raises $263m At $4.1b Valuation
Cryptocurrency trading platform Bitpanda raised $263 million in a fresh round of funding valuing the company at $4.1 billion.
That’s more than three...
Wood Envisions Growth In CCUS Projects
Wood believes there will be continued growth in the carbon capture utilization and storage market.
It would be worth $500 million in potential...