The Tasmanian government is finally hoping to put the fiasco that has characterized its ferry replacement program behind it following the arrival of the Spirit of Tasmania IV ferry to its home port of Devonport, Tasmania, two years after the…
Russian traders have resumed transferring Urals crude onto very large crude carriers (VLCCs) for deliveries to Asia via ship-to-ship operations, traders said and LSEG data showed, as stronger Chinese demand and higher freight costs revive the practice.China is expected to…
Japanese shipping company Kawasaki Kisen Kaisha (K Line) announced that it has signed shipbuilding agreements with Nihon Shipyard for the construction of three very large crude carriers.
COSCO Shipping Holdings subsidiary COSCO Asset Management entered into shipbuilding agreements on to construct 18 container vessels for an aggregate value exceeding $2.9 billion. Under the first contract, Shanghai Waigaoqiao Shipbuilding and China Shipbuilding Trading will build 12 liquefied natural…
Golden Energy Offshore Services (GEOS) reported freight revenues of NOK105.6 million ($10.5 million) for the first half of 2026, representing a 49.2 per cent decrease from NOK208 million during the same period in 2025.
Romania’s rescue services were able to recover 12 seafarers from a small cargo ship after reports of a fire aboard the vessel. Romanian President Nicusor Dan later spoke to the press, cautioning against speculation until they investigated, but he said…
