A new LNG carrier of 174,000 cubic meters will take shape at Hanwha Ocean’s yard in Geoje (Okpo), following a long-term charter deal signed...

China’s trade surplus crossed $1 trillion within just 11 months, setting a new global record. Exports continue to far outpace imports despite US...

DP World announced that it is unifying its Marine Services businesses under a single global identity, marking a major step in its evolution into...

Everllence announced that its 21/31 dual-fuel four-stroke engine has successfully run on ethanol at its test facility in Frederikshavn, Denmark. The engine performed across...

Capesize spot rates near $40,000 remain above seasonal norms, with futures signaling a sharp correction ahead. Vale projects the seaborne iron ore...

US container imports fell 7.8% in November compared with last year, partly due to weak demand from China and one less shipping day. ...

CSM has expanded its commitment to women in maritime with the launch of the “She Beyond” initiative, a programme created to strengthen support for...

A renewed study is under way to examine whether a new attempt to acquire HMM is possible. According to local reports, the conglomerate’s leadership...

Floating storage climbed to its highest level in three years as offshore crude volumes grew quickly across VLCC, Suezmax and Aframax fleets. The latest...

ZIM’s position as an independent carrier is entering a critical six-month window. The potential sale of the company faces several complications. Its Israeli ownership...