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CATEGORY

Tanker

Maritime

South Korea’s Hanwha to pour $5B into US Philly Shipyard, orders new batch of ships

Linh Nguyen -
South Korean shipbuilder Hanwha Group has unveiled a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting...
Insurance

International Seaways locks in financing for LR1 newbuilds

Priya Anika Rajan -
International Seaways has secured fresh financing to back its fleet renewal programme, tying up a credit deal worth up to $331.6m for six LR1...
Cook Islands

Eagle S trial exposes voyage data recorder blackout during Baltic rampage

Sophie Becker -
The trial has kicked off in Helsinki for the captain and two officers of the Russian-linked oil tanker Eagle S, accused of dragging its...
China

US tariff alarm, global shipping reorganizes

Monica Germany -
The Premier Alliance (Hmm, One and Yang Ming) will split the current Ms2 service into two separate routes Washington– The international maritime sector is...
Market

AXSMarine: New tankers are not entering the market fast enough

Emily Carter -
The global tanker fleet is now older than ever. In early 2018, the average tanker age was just over 10 years; by mid-2025, it...
Italy

Venergy boosts MR tanker orderbook in South Korea

Akira Nakamura -
Greek tanker newcomer Venergy Maritime has doubled its orderbook at K Shipbuilding in South Korea, exercising options for two additional MR product carriers. The Vyron...
Energy

Gasum Marks First LNG Bunkering at Finnish Port of Tolkkinen

Malik Johnson -
Finnish state energy firm Gasum has completed its first LNG bunkering operation at the Port of Tolkkinen, located next to the Porvoo refinery in...
Energy

Hafnia strengthened the bottom line in the second quarter – and increased the fleet with dual-fuel methanol tankers

Alexa Laguna -
Hafnia increased both TCE revenue and the bottom line in the second quarter of the year – where many ships in dock meant the...
China

Construction of Fratelli Cosulich Methanol Bunker Vessel Progresses with Keel Laying

Linh Nguyen -
Construction of global marine fuels supplier Fratelli Cosulich’s new methanol bunker tanker is moving ahead, with keel laying now completed following the steel cutting...
Brazil

VLCC will lead the tanker market recovery

Carlos Martinez -
Shipping industry news: Ship brokerage firm Poten & Partners (hereinafter referred to as “Poten”) stated that relatively small order volumes and extended transport distances...
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