This Shipping Giant To Buy HMM But Not For Over $3.5 bn

SM Group has enough financial ammunition to buy the country’s No. 1 container shipping line HMM Co. but would not join the bid for...

Shipyards in Asia And Turkey Gain Svitzer Tug Building Contracts

Svitzer has turned to shipyards in China and Turkey to construct nine new tugboats, reports Riviera. Escort-class tugboats Med Marine is building four escort-class tugboats at...

The Kryptonite For Supply Chains!

Retailers are starting to get anxious about a possible UPS worker strike on Aug. 1. In a statement released Wednesday, the Retail Industry Leaders...

Asia’s LSFO Cash Differential Slumps To Lowest Level In Over 2 Years!

Asia's low sulfur fuel oil cash differential slumped to its lowest level in more than two years July 19, weighed down by higher arbitrage...

COSCO Shipping Ore Carrier Breaks World Record

COSCO Shipping's 400,000-DWT ore carrier, Yuan Yi Hai, successfully finished unloading in the Dongjiakou Port Area of Qingdao Port. The unloading process, which involved 375,500...

The First Cargo Ship Running On Green Methanol Is Setting Sail

The shipping industry is important in linking together the global supply chain, but it’s fairly carbon intensive. Recent data suggest that shipping makes up...

Hyundai Samho Orders GTT Tank Designs For Two New LNGCs

French LNG containment specialist GTT has received an order from its partner, the South Korean shipyard Hyundai Samho Heavy Industries, for the tank design...

FuelTrust AI Based Analysis Highlights Fuel Content Discrepancies

FuelTrust's most recent research uses AI-based technology to investigate fraudulent practices and inadequate supply chain management in the bunker fuel industry. Sustainable Fuel Ecosystem FuelTrust, the...

TOP Ships Inc. Announces Time Charters At Strong Rates

TOP Ships Inc. (NASDAQ: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has...

Chinese Enterprise To Build Green E-Methanol Plant To Supply Shipping Industry

Environmental Marine Technology said its client, a energy enterprise in China, is preparing to initiate the construction of a 10,000-tonnes green e-methanol production project...