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Marine News
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Korea's Hahn & Co sells SK Shipping fleet of 10 tankers to Pan Ocean
The equity fund has sealed a deal to offload the vessels to Pan Ocean after failed attempts to sell the company to HMM.
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Adnoc expands LNG tanker fleet to boost global trading ambitions
The shipping division of Abu Dhabi National Oil Co. is expanded as part of the state company’s ambitions within global gas trading.
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Peninsula sues Norvic Shipping for breach of contract
The Irish bunker supplier is claiming total damages of just under USD 310,000.
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Solstad Maritime expects more opportunities in market for offshore vessels
For then coming year the company is guiding above its results for 2025.
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Norvic Shipping discreetly sells assets and closes branches
It began with expansion and success, but now the company is being sold off, and several senior employees have switched jobs to Greek competitor Erasmus Bulk in recent months.
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Odfjell to add 10 vessels to its fleet in 2026
The company orders more vessels, whereas results for the fourth quarter came in low.
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2020 Bulkers sell its vessels and seeks opportunities
With all vessels sold, the Tor Olav Trøim-controlled bulk operator is now positioning itself to capitalize on new opportunities.
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Tanker industry wants to open up more paths towards zero emissions
”It’s not just about alternative fuels,” says head of tanker industry association, Tim Wilkins.
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Second firm suspends deals with DP World over Epstein files
A British finance institution is putting its business with DP World on hold in response to the port operator’s chief exec being featured in the Epstein files.
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Maersk and CMA CGM introduce peak season surcharge on routes in the East
From late February, the carrier will charge an additional USD 200 per container on routes from parts of Asia to the Middle East
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Northeast Passage sees record container ship traffic in 2025
China and Russia are particularly keen on using the Northeast Passage for container shipping, reports Alphaliner.
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Synergy Marine to operate Yang Ming newbuilds
The two ships have dual-fuel LNG engines and were delivered to the container shipping company in early February.
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HMM expects oversupply of vessels to exacerbate the market
The container line recorded a 50% decrease of net profit in 2025 compared to the previous year and predicts that supply-demand balance to tilt.
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Seatrium haunted by 22-year-old contract dispute
The Singapore-based ship and offshore installation constructor has kicked off arbitration proceedings against Petrobras, one of its most loyal clients.
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Lawyer fears new sanctions package could make shadow fleet grow
Companies may be affected by new sanctions, as bans on bunkering, crew changes, and the delivery of supplies to tankers carrying Russian oil are likely.
