FSL Trust Pens $58.56M Deal for LR2 Pair
First Ship Lease Trust has sealed a deal with a Chinese leasing company for the sale and leaseback of two LR2 product tankers.
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Temporary Remote Inspection Extended for Offshore Vessels
The OCIMF is including a remote vessel inspection option as a temporary tool within its Offshore Vessel Inspection Database (OVID), the inspection protocol...
China Splits ‘Smart Supply Chains’ To Make 2 Digital Ecosystem
There has been progress within the maritime and shipping sector in creating a digital maritime ecosystem that is in the early stages of...
Stolt-Nielsen Acquires 5 Chemical Tankers from CTG
Stolt-Nielsen Limited announces that Stolt Tankers B.V. has agreed to acquire five chemical tankers from Chemical Transportation Group (CTG).
The purpose of this...
Maersk Launches ‘New Strategic Changes’ for Better Service
Shippers will notice changes at containership giant A.P. Moller - Maersk in coming months, as the company announced that it would combine its...
Weekly Tanker Report – Week 35, 2020
Last week's tanker market report published by the Baltic Exchange on August 28, 2020, shows how the market is faring across various sectors like...
Yara’s Start-Up Competition for Greener Maritime Industry
Yara Marine Technologies announces its new corporate accelerator program, Yara Marine X.
It is a start-up competition aiming to provide a home for...
Shipbuilding Industry Exports Increase By 59.5% Despite Pandemic
The Turkish shipbuilding industry is strengthening its global market presence by increasing the number of special-purpose projects, says an article published in Daily Sabah.
Presence...
World’s First Marine ‘Carbon Capture’ System by Mitsubishi-Class NK
A new project aims to conduct test operations and measurements for a small-scale ship-based CO2 capture demonstration plant.
The project, which will deploy...
UK Firm Shells $9.2M To Buy Iconic Appledore Shipyard
UK firm InfraStrata has paid $9.2m to buy Appledore Shipyard.
Appledore Shipyard a niche shipbuilder churning out ships for more than 150 years.
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