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Oceanteam Announces Sale of Offshore Supply Vessel

Oceanteam ASA and its joint venture partner Bourbon have reached an agreement to sell the construction support vessel Bourbon Oceanteam 101, owned by the...

CDB Financial Leasing Goes on Bulker Buying Spree

Hong Kong-listed China Development Bank (CDB) Financial Leasing has purchased eleven bulk carriers via its wholly-owned subsidiary at a total cost of $140.45m, reports...

$100 Per Barrel, Booming Oil Price Market

Traders are eyeing a bullish summer for oil, and all predictive caution has been thrown to the wind. With analysts in many ways...

StealthGas Inc. Witnesses Positive Freight Market After the Pandemic

STEALTHGAS INC., a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial and operating...

Hapag-Lloyd Expands Its Container Fleet

Hapag-Lloyd further expands its container fleet by ordering 60,000 TEU of standard containers, says a press release published on their website. Reason for fleet expansion The...

Intermodal Weekly Market Report – Week 20, 2021

Despite worldwide vaccination, the pandemic remains with lockdown restrictions being imposed around the world. In addition, there is no clear view on which type...

Tufton’s Landmark Agreement To Install Anemoi’s Rotor

TR Lady Shipping, a portfolio company of Tufton Investment Management, has inked an agreement with Anemoi Marine Technologies. The main purpose of the...

Signal Maritime Launches New MR Pool

Commercial ship manager Signal Maritime is expanding its services and launching a new pool for MR product tankers, says a press release published on...

Klaveness Undertakes Delivery of Final CLEANBU Newbuild

Klaveness Combination Carriers ASA has taken delivery of the MV Balzani from New Yangzi Shipyard in China. The MV Balzani is the eighth...

Vega Reederei Orders Boxship Quartet

Germany’s Vega Reederei is expanding its fleet with four 1,868 teu container vessel newbuildings from China’s Yangfan Group. Details of the new order Germany’s Vega Reederei...
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