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RESEARCHSHOWSHOWTRADE FLOW INSIGHT
Shipping & LogisticsIndustry news

New research shows how regulation could reshape shipping

Amid regulatory uncertainty, there is one key challenge to ensuring shipping meets its decarbonization goals: making the right decisions today. DNV’s latest edition of Maritime Forecast to 2050 explores how different scenarios could reshape fuel demand, investment decisions, and decarbonization pathways, helping shipowners to navigate uncertainty and build resilient fleets. Shipping’s energy transition has entered ...

Helena Marsh

Sea Pioneer emerges behind SK Oceanplant aframax haul
Shipping & LogisticsIndustry news

Sea Pioneer emerges behind SK Oceanplant aframax haul

Greek owner Sea Pioneer Shipping has emerged as the company behind SK Oceanplant’s recently announced series of six firm plus two optional aframax tankers. Market sources have identified the Vasilis Bacolitsas-led owner as the previously unnamed Greek customer behind six 115,000 dwt crude carriers at the South Korean yard, with two further options attached. SK …

Helena Marsh

FOURSHIPOWNERSCO-ORDERTRADE FLOW INSIGHT
Shipping & LogisticsIndustry news

Four shipowners co-order vessels in record-breaking VINGA series: “The right time to invest”

Four shipping companies from Sweden, Norway, and Canada see a bright future in the European intermediate tanker market and are ordering four new VINGA ships — taking the series, developed by Furetank, to a remarkable 26 vessels. The new investment was announced on Friday in conjunction with the naming ceremony for FURE VASA, a newly ...

Helena Marsh

UNIONGREEKSHIPOWNERSTRADE FLOW INSIGHT
Shipping & LogisticsIndustry news

Union of Greek Shipowners President Melina Travlos: “The proposed IMO Net-Zero Framework, Clearly Is Not The Solution”

“Climate change is a reality that we are experiencing with ever-increasing intensity. The growing frequency of extreme weather events makes the substantial reduction of greenhouse gas emissions an urgent matter of both individual and collective responsibility. The goal of decarbonisation is clear and shared. As an industry, we recognise the role we have to play ...

Helena Marsh

Hormuz compliance clash traps owners between Tehran and Washington
Shipping & LogisticsIndustry news

Hormuz compliance clash traps owners between Tehran and Washington

Shipowners trading through the Strait of Hormuz have been placed in a fresh compliance bind after Iran blacklisted 45 ships and threatened fines, detention and cargo confiscation, while Washington warned that complying with Tehran’s transit regime could trigger US sanctions. Iran’s newly established Persian Gulf Strait Authority (PGSA) published the “non-compliant vessels” list over the …

Editorial Desk

Jiahua Energy enters shipping with CIMC SOE newbuild
Shipping & LogisticsIndustry news

Jiahua Energy enters shipping with CIMC SOE newbuild

Chinese chemicals and energy group Jiahua Energy is moving into shipowning with an order for a 35,000 cu m carrier from CIMC Sinopacific Offshore & Engineering. The company has capped total investment in the vessel and pre-operating costs at CNY750m ($111m). Jiahua subsidiary Meifu Port & Storage will fund 60%, with three partners covering the …

Editorial Desk

PascoGas linked to $370m LPG quartet at HD Hyundai
EnergyIndustry news

PascoGas linked to $370m LPG quartet at HD Hyundai

Turkish gas shipowner PascoGas has been linked to another major newbuilding move at HD Hyundai, with four LPG carriers contracted in a KRW515.4bn ($370m) deal. HD Hyundai Heavy Industries disclosed the order on Monday, identifying the customer only as an Oceania-based shipping company. The ships are scheduled for delivery by March 31, 2030. Shipbuilding sources …

Editorial Desk

Diana rolls panamax bulker into stronger Cargill fixture
Shipping & LogisticsIndustry news

Diana rolls panamax bulker into stronger Cargill fixture

New York-listed Greek bulker owner Diana Shipping has secured a 41% rate increase for the panamax Leto in a direct charter continuation with commodities giant Cargill. The 2010-built, 81,297 dwt vessel has been fixed at $18,000 per day, less a 4.75% commission, from September 10. The deal runs until at least September 1, 2027, with …

Editorial Desk

ClassNK launches ‘Survey Compass,’ an AI assistant supporting survey-related operations
Shipping & LogisticsIndustry news

ClassNK launches ‘Survey Compass,’ an AI assistant supporting survey-related operations

ClassNK has launched ‘Survey Compass,’ an AI assistant that supports shipowners and ship management companies in their survey-related operations. Survey Compass is an AI assistant that responds in natural language to questions on classification survey matters faced by shipowners and ship management companies. Users can quickly confirm the information they need together with its supporting ...

Editorial Desk