The Indian government has laid out plans to develop a brand new containerline. To be called Bharat Container Line, the new entity will have around 100 ships in its fleet, including ships on charter.

South Korean shipbuilder Hanwha Ocean has signed contracts to build two LNG carriers for its affiliate Hanwha Shipping. The Okpo-based yard formerly Daewoo Shipbuilding & Marine Engineering (DSME ...

The container sector is heading into its normal post-Lunar New Year lull that typically lasts until April/May. The scale of the drops in spot rates is large, but the sector still remains one of ...

Greece’s Evalend Shipping has been linked to a newbuilding deal for four LNG bunkering vessels commissioned at the South Korean shipbuilder HD Hyundai Mipo. Multiple shipbroking outfits have ...

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In ...

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In ...

Nasdaq-listed Greek dry bulk owner Globus Maritime has continued the sell-off of older vessels as it makes room for fresh tonnage to join the fleet. The Athens-based firm is shipping out the 2007 ...

COSCO Shipping Heavy Industry Yangzhou is to receive the remaining orders. The aframaxes, costing $86m per ship, will be 114,200 dwt and sport methanol dual-fuel engines, the same as the 109,900 ...

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In ...

At the end of 2024, the containership orderbook was 8.3m teu, a new record compared with the previous high of 7.8m teu in early 2023, according to analysis carried by BIMCO in early January. In ...

A series of explosions yesterday in the engine room of a 22-year-old suezmax at the Russian Baltic port of Ust-Luga has put neighbour Finland on alert. The Turkish-owned Koala tanker, laden with ...

Taiwanese liner Evergreen has firmed up long-expected orders for ultra-large containerships, splashing out between $2.91bn and $3.25bn on a series of eleven 24,000 teu newbuildings at two shipyards.