News
Seatrium faces arbitration with Maersk affiliate over wind vessel contract
Arbitration adds delivery and legal risks to Seatrium’s wind project
Canfornav expands in Hong Kong
The company will expand its fleet with 25 Japanese-built handy-sized bulk carriers.
CU Lines to launch new Red Sea route
This service will have 18 days rolling schedule.
HMM allocates $2.84b for fleet expansion
The order includes twelve 13,000 TEU LNG dual-fuel containerships.
OOCL liner revenue down 26% in Q3 on lower freight rates
Asia-Europe and Trans-Pacific routes recorded the steepest declines.
Seatrium receives termination notice for $610m WTIV project
The project is approximately 98.9% completed.
BV classes dual-fuel carrier AICC FENGHUANG
The vessel can carry 7,000 standard vehicles across 12 decks, including 4 liftable decks.
Maersk and CATL ink supply chain and international logistics deal
They aim to decarbonise global supply chains and support CATL expansion.
MOL, Kanadevia, and Yanmar achieve 98% methane slip reduction in onboard trials
This achievement exceeds the 70% target.
Imabari Shipbuilding completes 64,000-ton Norse Continuation
The vessel is designed to carry cargoes such as grain and coal.
ICTSI units bag 25-year concession extension for Subic terminals
One of the companies will invest over $130m for the improvements.
Hanwha Ocean completes ship-to-ship LNG transfer during sea trials
This development addresses possible delays due to terminal congestion.
Evergreen taps partners for North China and Indonesia expansion
The new route will commence end of October.
ASL Marine eyes raising $7m through placement shares
This will fund business expansion and the broadening of its shareholder base.
Fleet expansion to propel growth for marine and offshore companies
Yard utilisation is also strong amidst demand for repairs.
K Line unit seals deal for electric tugboat construction
The boat will have a hybrid system for incorporating new technologies.
