Icelandic carrier Eimskip has divested one of its cornerstone feeder vessels, Lagarfoss, to Portuguese logistics and maritime group Grupo Sousa. The 875 teu vessel, built in 2014 by Rongcheng ...

In a bold leap beyond its traditional maritime roots, Mitsui OSK Lines (MOL) has announced plans to commercialise an offshore rocket launch and recovery vessel. The initiative, slated for ...

Jhonlin Marine Trans, the shipping arm of Indonesia’s sprawling Jhonlin Group, has quietly assembled an impressive trio of Japanese-built ultramax bulk carriers, signalling a growing ambition in ...

Bauxite shipping out of West Africa, a fast-growing source of extra tonne-miles for the cape trades, faces headwinds with news from Guinea where the government is vowing to take greater control of ...

As labour shortages continue to challenge the shipbuilding sector, South Korea’s HD Hyundai has doubled down on robotics innovation, announcing a strategic partnership with German cognitive ...

Germany’s top port, Hamburg, has unveiled a sweeping infrastructure investment of €1.1bn ($1.29bn) aimed at modernising its container handling capabilities at the Waltershofer Hafen. This ...

Greek tanker player Performance Shipping is looking to expand its fleet following a $100m raise on the Nordic bond market. The NASDAQ-listed company said proceeds from the raise will either go for ...

John Fredriksen-controlled Northern Ocean, a semisub spin-off of Northern Drilling, has won a contract for one of its rigs with a subsidiary of Rhino Resources. The deal is for the 2018-built ...

Greece’s Navios Maritime Partners is ramping up its exposure in the container shipping sector with a fresh order for four modern boxships at South Korea’s HJ Shipbuilding & Construction. The ...

Hanwha Shipping, the shipowning arm of South Korean builder Hanwha Ocean, has added another vessel to its growing in-house fleet, placing an order for an additional VLCC. The Okpo-based yard ...

Brokers’ sources tell Splash that Japanese owner Nissen Shipping has let go of one of its many modern capes, selling the 2020-built Bulk Ginza—a 182,900 dwt, Imabari-built cape—for just ...

Abu Dhabi-based renewable energy company Masdar and Spanish energy giant Iberdola have closed a joint investment deal for the 1.4GW East Anglia Three offshore wind farm in the UK.