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Seaspan Purchases PIL’s Last Big Boxships

Pacific International Lines (PIL) sells sister ships Kota Pemimpin and Kota Petani. The ships have been bought by Seaspan for $89m. The dramatic fleet...

Eimskip Announces Vessels Sale for Recycling

  Media to cover sales of Eimskip vessels that were to recycle. The Company’s communication indicated that the buyer would operate the vessels longer...

Euronav Sells Suezmax Bastia Antwerp

Euronav announces sale of its Suezmax Bastia for USD 20.5 million, says a press release published on their website. Sale details Euronav NV announced the sale...

SunStone Cuts Steel for Their Infinity-Class Cruise Ship

The US-based company SunStone Ships recently celebrated the steel-cutting ceremony for Ocean Odyssey, the fifth Infinity-class next-generation expedition cruise vessel. Slated for delivery...

Orsted and Yara Team Up on ‘Green Ammonia Project’

Ørsted and Yara have joined forces in developing a pioneering project aiming at replacing fossil hydrogen with renewable hydrogen in the production of...

Scorpio Bulkers Sells Non-scrubber Kamsarmax Vessel for $18.5m

Scorpio Bulkers announces the sale of a second kamsarmax bulker by the Emanuele Lauro led company, says an article published in Splash 247. Second vessel...

Euronav’s CEO Speaks On Strategies Adopted To Manage The Pandemic

Hugo De Stoop, chief executive of one of the world’s largest crude tanker companies, Euronav, took an hour in September to answer questions from...

Scorpio Bulkers Announces Its $18m Vessel Sale Deal

Scorpio Bulkers, Inc., announces the sale of its Kamsarmax vessel, says a press release published on their website. About the agreement Scorpio Bulkers, Inc. (NYSE: SALT)...

Covid 19 Impacts Shipping Orderbook To 17-year Low

Newbuilding orderbook has touched its lowest point in 17 years due to the COVID-19 pandemic.  Despite the rise in demolitions and decline...

Consort Bunkers Acquires Tankers from Xihe

Singapore’s Consort Bunkers obtains 2 product tankers from Xihe Group. Xihe and four of its subsidiaries were placed under interim judicial managers at...
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