The world’s largest car carrier has left a yard in China on its maiden voyage to Brazil.  The 9,200 ceu BYD Shenzhen pips Höegh Autoliners’ Aurora class series by 100 cars in terms of capacity, and becomes the fourth vessel in Chinese auto manufacturer BYD’s…

The European Commission has adopted another key measure to crackdown on the so-called shadow fleet passing through its waters. The amendment to the Vessel Monitoring Directive now requires all vessels, including those merely passing through European Union…

Today, there are around 130 VLCCs over 20 years old still trading, compared to fewer than 20 five years ago, according to data from Tankers International, which notes that around two-thirds of these vintage supertankers are engaged in moving sanctioned oil.…

Malaysian oil company Petronas Carigali has awarded a contract for the provision of splash zone structural repair and maintenance services to a subsidiary of compatriot service provider Steel Hawk. Steel Hawk subsidiary, Steel Hawk Engineering, won a three…

Nantong Xiangyu Shipbuilding & Offshore Engineering has signed a construction deal for a pure electric-powered cable laying vessel with Zhongtian Technology’s Shanghai Yuanwei Construction Engineering. The vessel is 139.8 m long and 38 m wide and was developed…

Azerbaijan’s Ministry of Energy has signed two agreements with Chinese firms for the construction of an offshore wind energy project in the country. The first agreement, signed with China Energy Overseas Investment, entails the evaluation, development, and…

Buyers behind recent LR2 sales are starting to surface.  New York-listed Teekay Tankers agreed last month to sell the 2007-built Galway Spirit to an undisclosed party for an undisclosed price, with delivery set for the first quarter of 2025. The 105,000 dwt…

Taiwanese containerline Wan Hai has returned to South Korean shipyards for a fresh series of methanol dual-fuel-ready 16,000 teu vessels. The Taipei-headquartered company has commissioned two newbuilds each at HD Hyundai Samho and Samsung Heavy Industries…

Pakistan has suspended all trade with India and closed its airspace and land border. The measures follow the imposition of sanctions imposed by India after an attack in Indian-administered Kashmir that killed 26 people on Tuesday. The last six months saw…

London-listed dry bulk outfit Taylor Maritime has aligned its business with anticipated trade turbulence and taken advantage of improved market sentiment to sell 11 ships for $172.5m. The Ed Buttery-led company said that one bulker had already been delivered…

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.