New York-listed boxship owner Global Ship Lease (GSL) has moved to expand its fleet, striking a deal to buy three 8,600 teu vessels for a combined $90m. The vessels — Korean-built in 2010 and 2011 and ...

China’s Hengli Shipbuilding has confirmed a major newbuilding programme for Eastern Pacific Shipping (EPS), detailing a 12-ship order that marks one of the most substantial commitments at the yard ...

MISC’s tanker subsidiary AET has contracted for two LNG dual-fuel suezmax vessels at an unspecified yard. With this order, MISC, Malaysia’s largest shipping firm, will have dual-fuel capability in all ...

Norwegian offshore contractor Aker Solutions has secured a new six-year maintenance and modification (M&M) frame agreement with ConocoPhillips Skandinavia to service the ageing Eldfisk field and ...

Samsung Heavy Industries (SHI) has formally opened a next-generation Samsung Remote Operation Center (SROC) in Taiwan for long-time customer Evergreen, marking another step towards shore-based vessel ...

The UK P&I Club and the TT Club have announced that they are currently engaged in discussions regarding a potential merger between the two mutual insurers. The clubs have worked closely together for ...

Saudi oil and gas driller ADES has landed a fresh two-year contract for the Compact Driller jackup with Brunei Shell Petroleum, marking its first award since completing the acquisition of Shelf ...

Nuclear-powered containerships could unlock $68m in annual savings and eliminate greenhouse gas emissions, according to a new Lloyd’s Register and LucidCatalyst report for Seaspan Corporation, the ...

When DNV Maritime Software rebranded as CFARER earlier this year, it marked more than a name change. The company now operates independently, with DNV retaining majority ownership and Wilhelmsen Port ...

November certainly provided rich pickings for those in the maritime news business, with plenty of stories which will have long term implications for the shipping industry. The commencement of exports ...

The UK government has announced during its presentation of the budget that the windfall tax, introduced in 2022, would remain in place until 2030. Under the windfall tax, formally known as the Energy ...

Evalend Shipping has moved to bulk up its suezmax newbuilding programme in South Korea, with the Greek owner eyeing another two units at HD Hyundai as crude tanker contracting continues at pace.