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Marine News
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Shipowners fear trade war could derail profits and climate investments
The Norwegian Shipowners’ annual Maritime Outlook Report shows increasing uncertainties triggered by Trump’s ”liberation war”.
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Carriers ordered 25 new dual-fuel vessels in March
The majority of alternative ship orders are being built to run on methanol alongside traditional heavy fuel, according to DNV.
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Clarksons acquires US brokerage
The firm Euro-America Shipping & Trade is based in Washington and specialises in fulfilling freight contracts with US government agencies.
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Norwegian maritime suppliers hope for EU protection in upcoming tariff war
Intensifying collaboration with EU and more free trade agreements could help support the maritime supplier industry
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Belships to delist from Oslo's Euronext exchange
The delisting is taking place after the private equity fund Blue Northern BLK has completed the acquisition of all shares in the Norwegian dry bulk operator.
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Legal aftermath of Solong collision begins
The owner of box ship Solong, German Ernst Russ, is being sued by the company behind the Stena tanker after a collision. Cargo owner Samskip has also filed a claim for damages.
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Tougher sulfur rules will soon hit Mediterranean bunker market
In May, new environmental requirements on the sulfur content of marine fuel will be introduced in the Mediterranean. CMA CGM and Maersk announce price increases.
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Costamare appoints management team for its dry bulk carrier
Gregory Zikos becomes chief executive of the new Costamare Bulkers Holding, which was spun off as an independent company in February.
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Yang Ming buys three ships able to sail on methanol
The ships are the first of up to 13 new container ships that the Taiwanese shipping company plans to order.
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Hapag-Lloyd to bag solid volume growth despite earnings dip, says Berenberg
Declining freight rates, partly due to increasing capacity, will hit Hapag-Lloyd’s earnings hard. But container volumes are still set to rise thanks to Gemini, says German bank Berenberg.
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DHL acquires specialized logistics company
The German freight forwarder takes full ownership of the company Cryopdp and enters into a strategic partnership with the seller Cryoport for healthcare customers.
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New Synergy Marine boss looks west in search of new growth
Jesper Kristensen, the new chief executive of Synergy Marine, will draw on his experience from Unifeeder and believes in growth west of the Suez Canal.
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Salvage works underway after fatal North Sea vessel collision
The Solong box ship which collided into an anchored Stena Bulk tanker earlier this month is at the Port of Aberdeen awaiting damage assessment and further salvage operations.
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BW LPG sells two large gas tankers to Indian subsidiary
In 2024, the Oslo-losted gas carrier bought most of Avance Gas’ fleet of large VLGC vessels. Now two of them are being sold on.
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Panama de-flags 107 ships for being in violation of sanctions
”The initiative ensures that no vessels or ship owners related to illegal activities operate under the Panamanian flag,” writes the Panamanian maritime authority.