South Korea’s HD Hyundai has formally handed control to a new generation, appointing 43-year-old Chung Kisun as chairman of the nation’s largest shipbuilding group — a move marking both a dynastic ...

The global shipping industry will find out today its green future with one of the most contentious Marine Environment Protection Committee (MEPC) meetings drawing to a close this evening at the London ...

Hong Kong-listed Pacific Basin Shipping is moving half of its bulker fleet to Singapore and reflagging vessels under its Singapore entity to reduce exposure to new US port fees introduced under the ...

Greek owner Diana Shipping has secured a strong fixture with SwissMarine for one of its capesize bulkers, locking in a daily rate well above its previous employment. The 2015-built, 180,960 dwt New ...

Punit Oza on the business sector’s impossible tightrope. “When governments pull the trigger, companies take the bullet,” he writes. In the escalating trade conflict between the United States, China, ...

Norwegian offshore vessel owner DOF has won two long-term contracts in Brazil with state-owned oil firm Petrobras. Petrobras hired the 2005-built Skandi Chieftain and the 2009-built Skandi Olympia on ...

Global maritime charity Stella Maris has launched a novel campaign that celebrates seafarers’ cooking skills and resourcefulness to prepare nourishing meals at sea. The charity is asking seafarers to ...

Japan’s Mitsui OSK Lines (MOL) has appointed Rajesh Unni, founder and chairman of Synergy Marine Group, to its advisory board as part of efforts to strengthen its strategic and risk management ...

Pakistan National Shipping Corporation (PNSC) has approved the acquisition of three secondhand tankers for about $193m, as part of its drive to double the national fleet to 30 vessels by 2026. The ...

Over the weekend, a number of ships bound for China turned around following Friday’s retaliatory measure from Beijing against American-linked tonnage. Starting tomorrow to coincide with the US plans ...

UK hydrocarbon player United Oil & Gas has signed a non-binding memorandum of understanding with US-based offshore surveyor TDI-Brooks for a specialist survey vessel. The vessel will be used for a ...

Global ship repair activity has jumped 7% this year, far outpacing overall fleet growth, according to new figures from Clarksons Research. The uptick comes as an ageing fleet hits key survey ...