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Aberdeen-based offshore support vessel specialist Sentinel Marine is expanding its fleet through a deal with China’s Jiangmen Hangtong Shipbuilding for up to four multipurpose newbuildings.
French shipping and logistics giant CMA CGM has agreed to buy a 35% stake in Egypt’s October Dry Port (ODP). Officially launched in November 2023, ODP is Egypt’s first dry port and the first ...
The move indicates CMT, which owns and operates its bulker fleet through Singapore and Hong Kong subsidiaries, is making room for newbuildings booked for construction at fellow yard CSBC ...
Japanese shipping line Nippon Yusen Kaisha (NYK) is rolling out a new player in the dry bulk sector through a merger of three of its shipping and shipmanagement subsidiaries. Asahi Shipping ...
Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In ...
The IMO, for its part, hailed the new net-zero framework, due to come into force in 2027, as the first in the world to combine mandatory emissions limits and GHG pricing across an entire industry ...
Saipem was granted an option to amend the bareboat charter in March, together with an option to purchase the vessel, which has now also been firmed up. If exercised within 180 days of the initial ...
The International Labour Organisation’s Maritime Labour Convention (MLC) has been updated, following lengthy negotiations last week in Geneva. Under ILO’s Special Tripartite Committee on the ...
State-run China Merchants has completed the acquisition of its seventh shipyard, Qingdao Yangfan Shipbuilding, in the northeast of the country. The yard, one of China’s oldest, has been ...
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