The new vessels are expected to be delivered between 2026 and 2027. Hengli Group ordered a pair of 306,000 dwt VLCCs at Hengli Heavy Industry in 2023 which have since been resold to Dynacom Tankers.

Last week, the National Transportation Safety Board (NTSB), the Federal agency tasked with investigating the allision, released an interim report detailing the results of investigations into the ...

Positioned strategically in the Gulf of Mannar has the potential to link India with Europe, the USA, and other global markets. The terminal features a 370-metre quay, a 14.2-metre-draught, and ...

The partnership aims to deliver specialised maritime training for Saudi nationals, encompassing both fresh graduates and seasoned professionals and together are committed to developing a strong talent ...

LNG has, of course, played an essential role. But a significant departure from previous events was the range of other gases that were on the agenda – ammonia, hydrogen and carbon dioxide – for ...

With an annual liquefaction capacity of 3.5m tons of LNG per annum, the MK II FLNG is expected to be delivered in Q4 2027, making the MK II FLNG the earliest available floating liquefaction capacity ...

Why is data so important in the maritime and shipping industry today? In all industries there is a need to make faster, more accurate decisions in order to gain a competitive edge, and data and ...

The Maersk Essen was sailing from Xiamen, China to Los Angeles when it is reported to have encountered severe weather on 16 January. Maersk said that all the crew members were safe and the vessel ...

With owners having racked up some $47 billion in investments in 18 months the race to order LNG newbuildings is set to continue. The figure for invesment in LNG carriers just eclipsed ...

Sand opened his weekly rates update with a forecast that container lines’ strong position in negotiations for long term rates and shippers’ desire to secure capacity will lead to fixing higher ...

Once again taking place at the Dubai World Trade Centre, the 3-day exhibition and conference will welcome maritime leaders, experts and policymakers from right across the world for this critical ...

In Q1, container volume at major Chinese ports was 76.73 million teu, an increase of 10% year-on-year. Domestic container volume and foreign trading volume grew 8.5% and 11.1%, respectively.