Cosco Shipping orders semi-submersible carrier at GSI
Chinese giant reportedly paying slightly more than $141m for the 70,000-dwt newbuilding
Cosco Shipping orders semi-submersible carrier at GSI Read More »
March 2025
Sanctioned VLCCs Remain Stranded Off Bangladesh
Two OFAC-sanctioned VLCCs remain stranded outside Bangladeshi waters with no prospects of a final resting place, reports cash buyer GMS, and this is now seeing cash buyers and ship recyclers being vigilant in their due diligence prior to negotiating…
Sanctioned VLCCs Remain Stranded Off Bangladesh Read More »
MOL joins LNG steam ship march to breakers with lone scrap sale
Laid up 21-year-old vessel becomes third LNG carrier of 2025 to head for demolition
MOL joins LNG steam ship march to breakers with lone scrap sale Read More »
Crew Rescued After Cargo Ship Fire Off Philippines
The Philippine Coast Guard (PCG) has responded to a fire on board the Castphill XV in the vicinity waters of Patungan Maragondon, Cavite.At approximately 4:27AM on March 30, BRP Boracay (FPB-2401) successfully rescued seven crew members, including the …
Crew Rescued After Cargo Ship Fire Off Philippines Read More »
Australia and Singapore Fund Green Fuel Projects
Australia and Singapore have selected eight projects for funding as part of a A$20 million ($12.6 million) initiative to help reduce emissions in the maritime sector.The Australia-Singapore Initiative on Low Emissions Technologies (ASLET) supports…
Australia and Singapore Fund Green Fuel Projects Read More »