Seacon books four more multipurpose newbuilds
Chinese shipowner and operator Seacon Shipping has ordered four more 62,000 dwt multipurpose dry cargo vessels at Huanghai Shipbuilding in a deal with China...
MOL makes significant stride in developing hydrogen-powered ships
New Delhi, October 19, 2023 : Japanese shipowner Mitsui OSK Lines (MOL), along with yards Onomichi Dockyard, Kawasaki Heavy Industries and Japan Engine Corporation...
Grindrod secures up to $113m in debt refinancing
Grindrod Shipping has struck a deal for an $83m loan with Nordea Bank and SEB Bank (Singapore). The Singapore-based bulker owner and operator is...
Latsis and Costamare-backed Neptune Leasing backs Lomar dry bulk play
UK-based diversified shipowner of the Libra Group, Lomar Shipping, has raised capital with Neptune Maritime Leasing for its growing fleet of bulk carriers.
The cooperation...
India sets out to become a top-five shipbuilding nation within a...
Owners looking for extra shipyard capacity ought to turn their attention to the world’s most populous nation. Currently outside the top-10 shipbuilding nations globally...
The year ahead in green tech
New Delhi, February 28, 2024: “The year 2024 will be the first year in which it will become clear what can be achieved in...
Panama Canal queue grows 13% in the space of 24 hours
New Delhi, November 10, 2023 : The number of ships waiting to transit the Panama Canal has leapt by 13% in the space of...
DHT orders four VLCC newbuilds from South Korea
New York-listed tanker giant DHT Holdings has entered into agreements to build four very large crude carriers (VLCCs) in South Korea with delivery expected between April...
India sets out to become a top-five shipbuilding nation within a...
New Delhi, October 18, 2023 : Owners looking for extra shipyard capacity ought to turn their attention to the world’s most populous nation. Currently...
WASP draws to a close with five vessels retrofitted
New Delhi, July 03, 2023: The five installations of wind propulsion technology that were carried out as part of the project have proven that...