Hapag-Lloyd Takes Over DAL’s Container Liner Business

German carrier Hapag-Lloyd has further strengthened its foothold in the African market having struck a deal to acquire the container liner business of Deutsche...

[Watch] Pioneering Spirit Vessel Installs Final Sverdrup Platform

Norway’s Equinor has installed the fifth and final platform at the Johan Sverdrup field in the North Sea. The platform was installed using the...

4 Armed Robbery Incidents in Asia Since Beginning Of March

During 1-7 Mar 22, four incidents of armed robbery against ships in Asia were reported to the ReCAAP ISC, comprising three CAT 31 incidents...

Fearnleys Weekly Report – Week 10, 2022

With the current global events taking centre stage and infiltrating our daily lives, it is no different for the VLCC market, as unprecedented bunker...

Diana Shipping Inc. Inks Time Charter Contract With Bunge

Diana Shipping Inc. (NYSE: DSX), through a separate wholly-owned subsidiary has entered into a time charter contract with Bunge S.A., Geneva, for one of...

£4 Billion To Boost Shipbuilding In The United Kingdom

The UK’s shipbuilding industry currently supports 42,600 jobs across the UK and contributes more than £2.8bn to the economy. A new UK Shipbuilding...

WHO Asked Ukraine To Destroy Pathogens In Labs

Its labs have received support from the United States, the European Union and the WHO. The agency also did not answer questions about...

Baltic Index Scales 3-month High On Robust Demand Across Vessels

The Baltic Exchange's dry bulk sea freight index (.BADI) jumped to its highest in nearly three months on Thursday, as rates rose across vessel segments,...

Groundbreaking Carbon-Transport-and-Storage Project

Dalian Shipbuilding Industry Co. Ltd. has ordered 2 × MAN B&W 7S35ME-GI dual-fuel engines in connection with the construction of two 7,500 cubic-metre,...

LNG Carriers for Arctic Projects At Risk, Troublesome Russian Invasion

French LNG containment specialist GTT said the execution of certain contracts is at risk, mainly LNG carriers for Arctic projects, due to Russia’s...