Sea Consortium orders boxship pair at Hyundai Mipo
A ship order with a very early delivery date from Sea Consortium, the parent of X-Press Feeders, has been revealed. Clarksons Research is reporting Sea Consortium has ordered a pair of 2,800 teu boxships at Hyundai Mipo in South Korea with delivery due in March and May 2027. The ships are costing $56m each. Most […]
Boxship collides with bulker on Long Tau river in Vietnam
A bulker and a boxship collided late on Friday night on the Long Tau river near Vietnam’s Ho Chi Minh City, resulting in the bulker partially sinking. The 2018-built containership KMTC Surabaya, owned by Japan’s Nissen Kaiun and operated by Korea Marine Transport, collided with the 2015-built dry bulk carrier Glengyle, owned and operated by […]
Wison New Energies nets work on Petronas FLNG set for Suriname
China’s Wison New Energies has signed the detailed feasibility study for a new-build floating liquefied natural gas (FLNG) facility offshore Suriname. The unit is set to be deployed at the Petronas-operated Block 52. The Malaysian giant has also been the block’s 100% owner since ExxonMobil opted to abandon its share in November last year. The […]
RWE stops all US offshore wind activities due to political climate
German utility RWE has frozen all of its US offshore wind operations due to the political environment created by the administration of current president Donald Trump. In November last year, while the campaign for the new US president was still hot, the company said that the possibility of a new administration could jeopardise its operations […]
“Technology is just a tool, people make the difference”- André Simha, Executive Insights
In this edition of Executive Insights, we reconnect with André Simha, Chief Digital and Innovation Officer at MSC and Chairman of the Digital Container Shipping Association (DCSA).. A long-time champion of digital transformation in maritime logistics, André shares some updates and practical insights on the adoption of digital standards, progress on the electronic Bill of […]
Trump calls for free passage of American ships through Suez and Panama canals
US president Donald Trump has called for free passage of American ships through two of the vital shipping waterways, the Panama and Suez canals. Trump said in a social media post on Saturday that American ships, both military and commercial, should be allowed to travel, free of charge, through the two canals, adding that the […]
SteelShips back for more K Shipbuilding product tankers
Piraeus and New York-based owner SteelShips has signed up for a fresh pair of medium-range product tanker newbuilds in South Korea. Shipbuilding sources report the Nicholas Notias-led outfit has returned to its go-to yard, K Shipbuilding, for two more 50,000 dwt units with delivery expected in 2027. No price has been revealed for the newbuilds, […]
RCL boosts boxship orderbook
Thailand’s Regional Carrier Lines (RCL) is bolstering its fleet with four additional containership newbuildings in China. The company revealed in a stock exchange filing that it will be adding a pair of 11,000 teu and 4,400 teu each in 2027 and 2028. The 11,000 teu series are costing up to $125m per ship, while the […]
Kpler wraps up Spire Maritime acquisition
Brussels-based maritime data analytics firm Kpler has closed the acquisition of Spire Global’s ship tracking business, Spire Maritime. The deal, worth about $241m, gives Kpler control over Spire’s satellites and maritime Automatic Identification System (AIS) data stream. “This milestone marks a significant step forward in Kpler’s mission to deliver decision defining insights across the global […]
Iran port blast kills at least 18 and injures hundreds
A massive explosion killed at least 18 people and left around 800 others injured near Iran’s biggest port, Bandar Abbas. The blast, which took place at Shahid Rajaee terminal on Saturday morning, damaged multiple buildings in the area and caused additional fires. Aerial footage showed at least three areas ablaze, with schools and offices in […]