News

Shipping giant CMA CGM said on Thursday it would reduce container shipping rates for some common consumer products imported in France to support government steps to curb inflation.The group will from Aug.

Shipbroker Gibson said that it had received a number of resignations from its Suezmax and Aframax broking desks on June 29, according to an email from its managing director Roger Harrison on Thursday.Suezmax and Aframax tankers are usually used…

The newly launched Maggie Cat, an Incat Crowther 31, will partner with Coolgaree Cat in a refreshed Sealink line-up operating out of Townsville. Coolgaree Cat entered service in late 2020 and operates between Townsville and Palm Island. Maggie…

One of the world’s largest ethane carriers was named Pacific INEOS Grenadier during a ceremony held Tuesday in Houston.The 230-meter-long, 99,000 CBM very large ethane carrier (VLEC) and is the latest ship to join the INEOS fleet. It will be operated b...

Kongsberg Maritime’s Dunfermline facility has announced a contract to supply Aquarius 50 Retractable Fin Stabilizers for two new ferries to be built by the Cemre Shipyard in Turkey for Scotland’s Caledonian Maritime Assets Limited (CMAL).The Aquarius r...

A new hybrid-electric tugboat due for delivery by end of December 2022 will be the first of its kind to operate in Japanese waters.The vessel, Taiga, is the result of a collaboration between Tokyo Kisen Co., Ltd. and e5 Lab Inc., a Japanese…

The U.S. Interior Department has recommended to the White House that all federal offshore oil and gas drilling auctions over the next five years be located in the Gulf of Mexico, where the drilling industry has already been focused for decades…

Dutch marine services firm Boskalis and its co-shareholder KS Investments Pte. Ltd. (Keppel) have completed the sale of their equity stakes in their harbor towage activities in Singapore and Malaysia - Keppel Smit Towage Pte Ltd and Maju Maritime…

Chief Executive Bob Chapek introduced Walt Disney Co's first new cruise ship in a decade on Wednesday, the culmination of the first project the former theme parks executive championed to the company's board of directors.The launch of the 4,000-passenge...

San Diego shipbuilder General Dynamics NASSCO said it has been awarded $600 million in U.S. Navy contract modifications for long-lead-time material to support construction of the seventh and eighth ships in the John Lewis-class fleet oiler (T-AO) progr...