Prominent Greek shipowner Adam Polemis has completed his third major tanker transaction in as many months, acquiring the newbuild LR2 tanker Hesperia Tide from Eastaway. The deal, reported by ...

Jhonlin Marine Trans, the shipping arm of Indonesia’s sprawling Jhonlin Group, has quietly assembled an impressive trio of Japanese-built ultramax bulk carriers, signalling a growing ambition in ...

In a bold leap beyond its traditional maritime roots, Mitsui OSK Lines (MOL) has announced plans to commercialise an offshore rocket launch and recovery vessel. The initiative, slated for ...

As labour shortages continue to challenge the shipbuilding sector, South Korea’s HD Hyundai has doubled down on robotics innovation, announcing a strategic partnership with German cognitive ...

Greeks will be surprised to see the latest maritime hub survey published by Chinese state-run newswire Xinhua and London-based, Singapore-owned Baltic Exchange, which places Ningbo Zhoushan, the ...

UK-based energy company Energean has temporarily suspended production activities on its FPSO located offshore Israel due to the escalation of conflicts with Iran. On Friday, Israel launched ...

Greek tanker player Performance Shipping is looking to expand its fleet following a $100m raise on the Nordic bond market. The NASDAQ-listed company said proceeds from the raise will either go for ...

More than a quarter of a century since Safmarine was sold to Maersk, South Africa is slowly gearing up to found another national shipping carrier. Having been on the drawing board since 2017 ...

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Sea Trade Marine, a Greek tanker and bulker player, has scored big on its most recent asset play. Brokers tell Splash that the outfit has sold the 2004 built MR tanker Kalamos, a 47,000 dwt, zinc ...

The global shipping industry has been rocked by two deadly attacks this week in the Red Sea, with Yemen’s Houthi rebels launching their most violent maritime campaign since early 2024, killing ...

Yukito Higaki, Imabari’s president, was recently appointed chairman of the JSIA, and he has set an audacious target: regaining at least 20% of the global shipbuilding market share by 2030. “To ...