News

Poland’s Port of Gdańsk, one of the biggest seaports in the Baltic Sea, is preparing for an important milestone of becoming the busiest container port in the region. As of now, the difference between the Port of Gdańsk...

Hyundai Samho Heavy Industries (HSHI), a subsidiary of South Korea’s Hyundai Heavy Industries (HHI) group, has won a contract to construct a 174,000 cbm LNG carrier. The deal, worth KRW 226.8 billion (USD 190.5 million)...

Inter-Pacific Petroleum Pte will cease its operation as a bunker supplier in the Port of Singapore with effect from December 9, 2019, Maritime and Port Authority of Singapore (MPA) informed. Inter-Pacific’s license got...

American midstream natural gas and crude oil pipeline company Enterprise Products Partners and Canadian energy transportation firm Enbridge Inc. have signed a letter of intent (LOI) to jointly develop a deepwater crude...

Danish ferry and logistics company DFDS has acquired 100% of the share capital of its compatriot logistics company Huisman Group BV. Closing of the transaction took place on December 9, 2019, and Huisman will be...

Martin Ackermann has decided to step down as CEO of BW LPG Limited at the end of this year for family reasons, after five years leading the company from Singapore, the LPG owner and operator said. Anders Onarheim, a non...

South Korean shipbuilder Hyundai Mipo Dockyard, part of the Hyundai Heavy Industries (HHI) Group, has secured contracts for the construction of three new ships. The first contract will see Hyundai Mipo build one roll-on/...

Germany-based dry bulk carrier owner and operator Oldendorff Carriers has become a member of the Getting to Zero Coalition. The German shipping company joins renowned industry names like Maersk, Shell, Ocean Network...

The world’s largest owner and operator of very large crude oil carriers (VLCCs) Bahri has reportedly issued an expression of interest (EOI) to charter up to 12 liquefied natural gas (LNG) tankers from 2025, Reuters...

The European Commission has found Germany’s plans to strengthen the capital position of state-owned Norddeutsche Landesbank – Girozentrale (Nord/LB) to be free of any state aid. The measures involve a direct investment...