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News
EU ships are largely scrapped in South Asia despite spare European capacity | Shipping reports
6+ hour, 40+ min ago (264+ words) Only 5% of EU ships’ tonnage was dismantled in Europe despite the capacity to recycle much more, according to NGO Shipbreaking Platform and T&E report. Between 2019 and 2025, 706 EU-flagged and/or EU-owned ships were dismantled worldwide. Only 22% were recycled in EU-located…...
OceanWings rigid wingsail installation completed aboard bulker | Ship Technology
1+ day, 7+ hour ago (163+ words) Topic, Tsuneishi Shipbuilding and OceanWings announced the completion of OceanWings rigid wingsail installation aboard the ultramax bulk carrier Maria Topic. Retrofitted at Tsuneishi Shipbuilding in Japan, the vessel now returns to commercial service equipped with OceanWings’ wind propulsion technology. OceanWings…...
Swedish, Norwegian and Canadian owners co-order four VINGA product tankers | Tankers
2+ day, 6+ hour ago (283+ words) Four shipowners from Sweden, Norway, and Canada have ordered four new VINGA product tankers in China, expanding the Furetank-developed vessel series to 26 ships. Two of the vessels will be owned by FureBear, a joint venture between Canadian Algoma Central Corporation…...
Frontline bags $110m gain from sale of VLCC duo | Shipsale news
3+ week, 6+ day ago (140+ words) Lars H. Barstad-led tanker giant Frontline has announced the sale of two VLCCs for an aggregate sale price of $270m. In a stock exchange filing, the company said it had agreed to sell two 2017-built VLCCs, with expected delivery to their new…...
Fairfield Maritime Japan, Neste sign charter for ice-class MR tanker pair | Tankers
1+ mon, 1+ week ago (232+ words) Tokyo-based Fairfield Maritime Japan, a wholly-owned subsidiary of Fairfield-Maxwell, has secured a long-term charter from Finnish renewable diesel and sustainable aviation fuel producer Neste for two ships. Fairfield Maritime Japan said it had signed a long-term charter contract with Neste…...
HD Hyundai and Kiewit unveil partnership for US shipbuilding | Shipyard news
1+ mon, 1+ week ago (233+ words) HD Hyundai and Kiewit unveil partnership for US shipbuilding Shipping Telegraph South Koreaâs shipbuilding and heavy industries group HD Hyundai and North Americaâs construction and engineering organization Kiewit Offshore Services have entered into what they describe as â…...
TOP Ships (Pistiolis) sells MR product tanker newbuild for $6.25m | Hellenic shipping news
1+ mon, 2+ week ago (160+ words) TOP Ships (Pistiolis) sells MR product tanker newbuild for $6.25m Shipping Telegraph Greeceâs tanker shipowner Top Ships led by Evangelos J Pistiolis entered into an agreement with Rubico Inc to sell 100% of the issued and outstanding shares of one Marshall…...
Greek owner sells aframax tanker 30% above acquisition price | Shipsale news
1+ mon, 2+ week ago (185+ words) Greek tanker owner Performance Shipping led-by chairperson of its board Aliki Paliou has completed, through a separate wholly-owned subsidiary, the sale of the 2009-built, 105,071 dwt aframax tanker P. Sophia, with the successful delivery of the vessel to her new owners. The…...
DIS offloads oldest product tanker at a juicy price | Tankers
2+ mon, 3+ week ago (226+ words) Italian product tanker operator d’Amico International Shipping S.A. sealed a deal through its operating subsidiary d’Amico Tankers d.a.c. (Ireland) for the sale of its oldest vessel for a total consideration of US$28.5m. The Milan- and OTCQX- listed company is…...
BGN expands owned LPG fleet with duo HD Hyundai VLGCs | LNG & LPG news
2+ mon, 3+ week ago (235+ words) Energy and commodities trading company BGN has sealed a new deal with HD Hyundai Heavy Industries (HD HHI) on June 5 for the construction of two dual-fuel very large gas carriers (VLGCs), underlining its determination to further strengthen its position in…...