Sovcomflot has reportedly ordered an LNG carrier at South Korean shipbuilder Hyundai Heavy Industries.
Bahri Dry Bulk has secured a funding of USD 96 million from Bank Albilad to finance the purchase of four new bulkers.
Bohai Shipbuilding Heavy Industries has received an order for up to nine Newcastlemaxes, brokers reported.
TT-Line Company has signed an LOI with Flensburger Schiffbau-Gesellschaft (FSG) for the construction of two new ships.
Containership newbuilding orders jumped by 139.5 percent reaching 671,641 TEU in 2017, Alphaliner revealed.
Flex LNG has taken delivery of its first liquefied natural gas (LNG) carrier newbuilding, the Flex Endeavour.
Shortage of bulkers intended for scrapping is expected to starve an overheated Pakistani market for tonnage.
German KfW IPEX-Bank is to finance four bulker newbuildings owned by Irelands’ Arklow Shipping.
Hyundai Heavy has received an Approval in Principle (AIP) for its FPSO hull design from ABS.
STX Heavy Industries has decided to launch a new capital increase scheme.
China Merchants Energy Shipping (CMES) has taken delivery of Pacific Merit, its newest Ultramax bulk carrier.
Deltamarin has teamed up with GTT on providing LNG solutions for a portfolio of vessels embarking on long ocean voyages.
An ominous cloud seems to be hovering over the tanker market as the sector sails into another challenging year.
Four new Kamsarmax bulk carriers will be handed over to Athens-based ship manager Alpha Bulkers this year.