Big fleets and the diverse ownership of the remainder of the VLCC fleet to cap consolidation in the sector.
HMD develops ballast-free ship design, which will be first applied to a 7,600m3 LNG bunkering vessel.
Ocean Yield to acquire four very large crude carriers (VLCCs) with 15-year bareboat charters.
South Koran shipbuilder Hyundai Heavy Industries (HHI) ended the fourth quarter of 2017 with a widened net loss.
Sovcomflot has named Yevgeny Primakov, a new multifunctional icebreaking platform supply vessel.
If all goes well the building of Amazing Grace could commence in three to four years.
Samsung Heavy Industries has secured an order for eight containerships worth USD 752 million.
Athens-based ship manager Thenamaris recently added three newbuilds to its fleet.
Victoria of Wight, Wightlink’s new hybrid energy ferry has been launched in Turkey.
TORM takes delivery of TORM Hermia, an LR2 product tanker newbuilding.
Tsakos Shipping and Trading decided to bolster its dry bulk fleet with an order for up to four bulkers.
Algoma Central Corporation has taken delivery of Algoma Sault, its 2nd seaway-max Equinox Class self-unloader.
MOL and Total Marine Fuels Global Solutions signed a charter contract for a large LNG bunker vessel.
Daewoo Shipbuilding has secured a contract to build two liquefied natural gas (LNG) carriers.
