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Japanese Trio Establish Hydrogen-fuelled Engine Venture

Kawasaki Heavy Industries, Yanmar Power Technology, and Japan Engine Corporation unveiled the launch of HyEng Corporation as part of their net-zero drive, says an...

SFL Charters For Two 14,000 TEU Containerships Acquisition

SFL announced that it has agreed to acquire two 14,000 TEU container vessels in combination with charters. The Company expects to take delivery...

Eneti Vaults Into Offshore Wind Sector With $600m Seajacks Takeover

Eneti has made a major move into the market for wind turbine installation vessels with a $600m acquisition of one of the most...

MOL Group Orders World’s Largest Ammonia-loadable LPG Vessels

Ships scheduled for delivery after 2023 MOL also to launch 90 LNG-fueled ships by 2030 Ammonia garnering attention as next generation clean fuel Mitsui...

Diana Shipping Reports Financial Results for Q2 & H1 2021

Diana Shipping Inc., in their press release, has reported a net income of $2.8 million and net income attributed to common stockholders of $1.4...

DHL Proclaims The Electric Possibilities Of Shipping

DHL Express has shown shipping the possibilities of going electric.  The German express giant announced it has become the first company in the...

Safe Bulkers Announces Charter Deal With Purchase Option

Safe Bulkers, Inc, in relation to its fleet renewal strategy, has entered into a twelve-month bareboat charter agreement, with Capesize says a press release...

Yangzijiang Inks Deal Worth $1.58 Billion

China’s shipbuilder Yangzijiang Shipbuilding has secured contracts for up to 17 new buildings from Seaspan Corporation worth $1.58 billion in total, says an article...

Euroseas Announces New Long-term Charter Contract

Euroseas has sealed a new time charter contract for 2007-built 1,740 teu boxship EM Spetses, says a press release published on their website. About the...

Maersk Raises Profit Guidance After Freight Rates Soar

A.P. Moller-Maersk raised its guidance for profit this year after freight rates soared. The Copenhagen-based company added almost $5 billion to the midpoint...
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