The Indian government has laid out plans to develop a brand new containerline. To be called Bharat Container Line, the new entity will have around 100 ships in its fleet, including ships on charter.

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 ...

South Korean shipbuilder Hanwha Ocean has signed contracts to build two LNG carriers for its affiliate Hanwha Shipping. The Okpo-based yard formerly Daewoo Shipbuilding & Marine Engineering (DSME ...

The container sector is heading into its normal post-Lunar New Year lull that typically lasts until April/May. The scale of the drops in spot rates is large, but the sector still remains one of ...

Greece’s Evalend Shipping has been linked to a newbuilding deal for four LNG bunkering vessels commissioned at the South Korean shipbuilder HD Hyundai Mipo. Multiple shipbroking outfits have ...

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 ...

Taiwanese liner Evergreen has firmed up long-expected orders for ultra-large containerships, splashing out between $2.91bn and $3.25bn on a series of eleven 24,000 teu newbuildings at two shipyards.

COSCO Shipping Heavy Industry Yangzhou is to receive the remaining orders. The aframaxes, costing $86m per ship, will be 114,200 dwt and sport methanol dual-fuel engines, the same as the 109,900 ...

Michael Chandris and Andonis Lemos were re-elected vice presidents. Earlier in December, Gaby Bornheim was re-elected president of the German Shipowners’ Association (VDR). The managing director ...

In December, FSL disposed of its oldest tanker at the time, the Cumbrian Fisher, built in 2004, for a net cash consideration of about $6.6m, and a profit of $2.3m. The trust will, following the ...

Norway’s Boa has signed a contract with Dalian Shipbuilding Offshore Co, for the construction of up to two semi-submersible heavy lift barges. The in-house-designed Boabarge 39, first introduced ...

By replacing sandblasting with a laser blasting method that generates minimal waste, dust, and noise, MOL expects to reduce environmental impact and improve occupational health. MOL said it aims ...