Höegh Autoliners Expands Aurora-Class Fleet with Third Delivery
Norwegian shipping company Höegh Autoliners has received its third Aurora-class PCTC, Höegh Australis, from China Merchants Heavy Industry (CMHI) Haimen Shipyard on January...
DP World Reaches 100M TEU Milestone
DP World has invested over $11 billion in port infrastructure, expansions, and acquisitions to support global trade.
The company now holds a 9.2%...
Capesize Market Expected To Rebound in Mid-February
The shipping market started 2025 on a weak note, following a weak end to the previous year. However, there are indications of a possible...
VLCC Market Faces Headwinds: Daily Earnings Plunge To $20,000 Per Day
The VLCC market is currently facing significant challenges, with daily earnings for top-performing vessels hovering around $20,000 per day for Middle East Gulf to...
Infrastructure Status To Enhance Competitiveness Of Indian Shipping Sector
The Indian government is considering granting "infrastructure status" to the entire shipping industry. This move aims to boost the sector and propel India into...
Vessel Prohibited From Operating Following Safety Inspection
Finnish authorities have found serious safety deficiencies on the oil tanker suspected of damaging undersea cables in the Baltic Sea. The vessel will be...
Landmark Biofuel Bunkering For Cruise Ship In Hong Kong
Royal Caribbean Group has partnered with Chimbusco Pan Nation Petro-Chemical (CPN) to deliver B24 biofuel to its cruise ship, Celebrity Solstice, in Hong Kong....
Port Of Melbourne Reports Robust Growth Recent Container Throughput
The Port of Melbourne recorded a significant surge in container throughput in November 2024, with a total of 293,000 TEUs, marking a substantial increase...
HHLA Project Logistics Completes Its First Loading Operation In Hamburg
HHLA Project Logistics, a subsidiary of Hamburger Hafen und Logistik AG (HHLA), has successfully completed its first loading operation in the Port of Hamburg,...
PaxOcean Signs Contracts For Two Advanced Offshore Construction Vessels
PaxOcean has announced the signing of shipbuilding contracts for two state-of-the-art Offshore Construction Vessels (OCVs) with a leading European shipowner. These vessels, designed to...