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.

On International Women in Maritime Day, Sakura Kuma, senior advisor at Mitsui OSK Lines (MOL), outlines how the maritime industry could more effectively make use of its innate diversity.  Shipping is a truly international business and I was drawn to a career…

Chinese bulker owner and operator Jinhui Shipping and Transportation has confirmed its second supramax sale this year. The Oslo- and Hong Kong-listed company said in a filing it will be shipping out the 2008-built 57,000 dwt Jin Tong to Marshall Islands-incorporated…

China’s Taizhou Hailian Shipping has emerged behind multipurpose newbuildings that are backed by charters with Norden’s project cargo division. Splash reported last week that the Danish shipping giant would be adding two more 17,500 dwt MPPs as part of the…

Chinese state-owned shipping giant COSCO has made a fresh newbuilding move in the gas carrier segment. Clarksons reports a subsidiary, COSCO Shipping Investment Dalian, has contracted two 88,000 cu m newbuilds at COSCO Heavy Industry Qidong Offshore, with…

Antwerp-based owner and operator CMB.TECH has been tied to a newbuilding deal in China for up to five tankers. The Saverys family-led group has reportedly returned to Qingdao Beihai Shipyard for one VLCC and two firm plus two optional suezmaxes. Brokers estimate…

Latest data from Clarksons Research shows that after three bumper years of orders, the appetite for newbuilds among owners is weak, down 57% year-on-year, which has also seen newbuild prices finally edge down. Clarksons is reporting newbuild prices are down…

The vintage state of the global tanker fleet is leading to severe inefficiencies, with new data showing how many rust buckets have to spend more time not moving or in ballast. Data from broker Gibson shows 51% of the total tanker fleet of 25,000 dwt and above…

The Estonian government has approved a draft bill that granted the first building permit for an offshore wind farm in the country. The permit, valid for 50 years, was granted to Saare Wind Energy to construct a 1.4GW wind farm some 11 km off Saaremaa island.…

Norway’s DDW Offshore, a subsidiary of Akastor, has revealed that the sale of the anchor handling tug supply (AHTS) vessel Skandi Peregrino has fallen through. DDW Offshore agreed to sell the 2010-built AHTS for a purchase price of $25m to an undisclosed…

Saudi oil and gas driller ADES has signed a contract renewal for one of its offshore jackup rigs with compatriot Aramco. The company did not disclose which rig this was, but did say that the unit was among the temporarily suspended rigs that were previously…

Turkey’s largest liner, Arkas, has moved to further strengthen its fleet with a new series of containership newbuildings in China. The Izmir-based carrier has returned to CSSC Huangpu Wenchong Shipyard for four firm 3,100 teu vessels with options secured…

Germany’s HGK Shipping, one of the top inland shipping names, has secured government approval to test remote-controlled vessels on the domestic canal network. Following the completion of initial trials earlier this month, HGK Shipping is now allowed to operate…