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...
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