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...