Impact of Paradise Papers on Shipping Industry

Clyde & Co provides main takeaways from the Paradise Papers on the shipping industry

OOCL Adds Fifth G Class Boxship to Its Fleet

Hong Kong-based container shipping company OOCL has introduced another ambassador of world trade, the OOCL ...

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Celebrity Cruises Presents New Expedition Cruise Ship

Celebrity Cruises, a part of the Miami-based Royal Caribbean Cruises, has unveiled its latest expedition cruise ...

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Philly Shipyard Delivers 4th Tanker to APT

American Petroleum Tankers (APT), a subsidiary of Kinder Morgan, has taken delivery of the fourth and final 50,000 ...

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Flex LNG Secures USD 315 Mn to Finance Newbuildings

Oslo-listed ship owner and operator Flex LNG has reached an agreement on a loan facility to finance three of its ...

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INEOS: World’s Largest VLEC to Carry US Ethane to China

UK’s chemicals company INEOS has signed a long-term supply deal to deliver ethane from US shale gas to China, ...

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Cosco Shipping Energy Orders Seven Ships from Dalian

China’s Cosco Shipping Energy Transportation has entered into agreements with Dalian Shipbuilding for the ...

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Wärtsilä to Power Viking Line's New LNG-Fuelled Ferry

Finnish technology group Wärtsilä has been hired to supply engines, navigation system, and a broad scope of other ...

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IRClass Opens Maritime, Shipbuilding Centre of Excellence

Indian Register of Shipping has launched a centre of excellence in shipbuilding and maritime sector to support ...

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Tomini Shipping Orders Kamsarmax Trio

UAE-based Tomini Shipping, the shipping subsidiary of Tomini Group, has ordered three 82,000 dwt Kamsarmaxes from ...

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Clarksons: Recycling Market in Limbo

The ship demolition market is plagued by a high level of uncertainty leaving the market analysts in limbo when it ...

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Spotted: Höegh LNG's Ninth FSRU Afloat at Hyundai Heavy

Höegh LNG has shared an image of its ninth FSRU floating at Hyundai Heavy Industries (HHI) shipyard in South ...

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HMD Tied to MR Tanker Order

South Korean shipbuilder Hyundai Mipo Dockyard (HMD) has secured an order for a 50,000 dwt MR product tanker from ...

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2nd Hekinan MAX Coal Carrier Joins MOL’s Fleet

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has taken delivery of the coal carrier Nagara Maru from ...

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Steel Cut for 1st MSC Meraviglia-Plus Class Ship

French shipbuilder STX France cut the first steel on Wednesday, November 15, for MSC Cruises’  first ...

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Spotted: Eduard Toll Out for Gas Trials

Bermuda-based owner and operator of LNG carriers Teekay LNG Partners informed that its first LNG icebreaker ...

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Shanghai Waigaoqiao Disposes of USD 1 Bn Offshore Newbuilds

Due to the overall sluggishness in the offshore market, China State Shipbuilding Corporation (CSSC) opted to ...

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Yang Ming Confirms Fleet Replacement Plans

Taiwanese shipping company Yang Ming Marine Transport Corporation (Yang Ming) is considering available options ...

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Hyundai Heavy Rejigs Management Structure

South Korean shipbuilder Hyundai Heavy Industries (HHI) has made changes in its management team ahead of ...

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TORM Buys Six MR Resale Tankers

Copenhagen-based shipping company TORM purchased six MR resale vessels for a total of USD 185 million during the ...

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K Line Adds VLCC Kisogawa to Its Fleet

Japan’s shipping major Kawasaki Kisen Kaisha (K Line) has expanded its fleet as it took delivery of ...

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Odfjell Hires Four Chemical Tanker Newbuilds

 Norwegian shipping and tank terminal company Odfjell SE has signed a framework agreement with Sinochem Shipping ...

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TEN Wraps Up 15-Vessel Newbuilding Program

Greek tanker shipping company Tsakos Energy Navigation (TEN) has taken delivery of the ice-class Aframax tanker ...

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Statoil Picks Sembcorp Marine for FPSO Construction

Statoil has signed a letter of intent with Sembcorp Marine Rigs & Floaters in Singapore for the construction of ...

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Containerships' First LNG-Fueled Newbuild Launched

The first of four LNG-fueled container vessels being built for Finnish shipping company Containerships has been ...

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Fincantieri Secures Enough Work for Six Years

Italian shipbuilding major Fincantieri reported a total backlog of over EUR 25 billion (USD 29 billion) in its ...

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Fincantieri Launches New Bid to Delist Vard

Italian shipbuilder Fincantieri has rolled out a new proposal to seek the privatization of Vard Holdings via a ...

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