A bitter boardroom battle between Genco Shipping & Trading and Diana Shipping has escalated further, with both sides trading accusations over governance, timing and control of the US-listed bulker owner. The latest flashpoint came after Genco filed its preliminary…

China Merchants Energy Shipping (CMES) is stepping up its containership push with plans to order eight newbuildings worth more than $550m, as the state-backed owner continues to reshape its fleet across multiple segments. The company said it will invest up…

Greek owner Enesel Group has returned to the dry bulk market, with two capesize vessels at China’s Hengli Shipbuilding. The move on the 181,500 dwt newbuilds marks a re-entry into the segment for the Lemos family-controlled company, led by Andonis and Filippos…

Qatar’s LNG export machine has suffered its most severe disruption in more than two decades, with analysts warning that while flows could partially recover within months, a full return to pre-war levels may take years. Data compiled by tanker and gas analyst…

Twenty thousand seafarers aboard 1,600 vessels remain stranded in the Persian Gulf, and the men and women keeping global trade moving say the world has forgotten them. IMO Secretary General Arsenio Dominguez has given voice to their despair. “I spoke to a…

Container shipping appears to be suffering from long covid.  New data from Danish consultancy Sea-Intelligence shows that the continuing lack of vessel reliability has created a new baseline for vessel capacity absorption, at a level two to three times higher…

Somali piracy is back in the spotlight after four attacks in as many days, including two vessel hijackings, prompting authorities to raise the threat level for the region and warn commercial shipping to exercise extreme caution. The United Kingdom Maritime…

A flaw in the ice-class calculation methodology used under FuelEU Maritime has left compliant shipping operators facing potential penalties running into tens of millions of euros – through no fault of their own. The error, which was embedded in the European…

Norwegian offshore seismic vessel player Shearwater Geoservices has entered into an agreement to sell one of its vessels. Shearwater disclosed that it would sell its 2012-built vessel, SW Baret, to an undisclosed party for conversion to a dedicated source…

Norwegian offshore service provider Archer has been awarded a three-year contract extension by Equinor to provide wireline and intervention services on the Norwegian Continental Shelf. The contract extension builds on the integrated wireline contract originally…

Norway’s DDW Offshore, a subsidiary of Akastor, has sold one of its anchor handling tug supply (AHTS) vessels to an undisclosed buyer. The company said that it entered into a binding agreement to sell the 2011-built Skandi Emerald anchor handler for a purchase…

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.