Maritime and offshore classification society American Bureau of Shipping (ABS) has granted Approval in Principle (AiP) to South Korea’s Hyundai Heavy Industries’design for a Floating Storage and Offloading (FSO) vessel that is planned for operations…
ABS Approves HHI’s Design for Mexico-targeted FSO Read More »
The Michelin Group said it signed a deal with French startup NEOLINE to transport its tires across the Atlantic aboard sailing cargo ships. The move aims to reduce CO2 emissions from the manufacturer’s logistics operations.The partners expect…
Michelin to Use Sailing Cargo Ships for Tire Transport Read More »
Connecticcut owner strikes second stock-based deal and first purchase of supramaxes in five years
Eagle Bulk swoops for three Alterna Capital supramaxes in cash-shares deal Read More »
Finance chief Terje Iversen reveals owner working on reducing debt through new deals for four tankers
Odfjell refinancing could cut break-even by $4,500 per day Read More »
Front Cruiser scheduled for Friday berthing after terminal guards receive their back-pay
Frontline suezmax due to dock as strike ends at Libya’s Hariga Read More »