Mitsui OSK Lines (MOL) has reported an increase in net profit of close to 65% for the first nine months of the year on the back of continued strength in the container ship, car carrier and tanker ...
The Japanese shipping giant said the 17,500-dwt Prima Verde (built 2025) is the world’s first vessel of any type built with green steel materials, and has a range of environmentally friendly features ...
Under TI’s contracts, there is usually an allowance of five days to load and discharge the cargo, meaning that with variables such as no room for the cargo, or waiting in the queue outside ports, ...
CMA CGM-backed windship developer Neoline has finally got its first vessel in the water. The 1,200-lane meter, 265 teu Neoliner Origin is a dedicated commercial ro-ro vessel that is primarily powered ...
In total, Pyxis has splashed $13.1m on equity re-purchases, equating to 19.4% of its diluted common stock. In November, the owner said it was cautiously hopeful of continued strength in product tanker ...
Vale’s iron ore production faltered in the last quarter of 2024, mirroring the slump in the capesize bulker sector. Output at the Brazilian mining giant, whose volumes power the benchmark Brazil to ...