Kuang Ming Shipping, the dry bulk subsidiary of Taiwan’s Yang Ming Marine Transport, is returning to the newbuilding market with plans approved to order four vessels. The newbuilds, sized between ...

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 ...

Greek shipowner Evangelos Marinakis is expanding his VLCC newbuilding programme, signing a contract for a 306,000 dwt supertanker at China’s Hengli Heavy Industries. The deal, valued by shipbuilding ...

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 ...

British class society Lloyd’s Register (LR) has published new guidance on the use of nuclear energy in commercial shipping, offering what it calls the first comprehensive roadmap for the safe and ...

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 ...

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 ...

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 ...

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 ...

Greece’s Navios Maritime Partners has sold three older vessels — including one of its oldest VLCCs — as part of its fleet renewal programme, while adding a newly built product tanker and fixing ...

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 ...

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 ...