HMM grows fleet with four Hengli VLCC newbuildings worth around $500m
Seoul-based company is said to be paying about $125m each for the 306,000-dwt crude carriers.
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May 2026
Trump threatens to ‘blow up’ Oman if it joins Iran in Hormuz toll
No sanctions easing under consideration in talks with Iran, president says
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Marlink, Metis Partner to Expand IoT Capabilities
Marlink, a global leader in managed services for business-critical digital solutions, has signed an MoU with Metis, a specialist in maritime data collection and advanced analytics, to establish a strategic partnership and expand IoT capabilities…
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Ship Recycling Market Softened Last Week
The ship recycling market has been relatively quiet over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the EU Environmental Crime Directive (Directive (EU) 2024/1203) continues to…
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Let’s focus on the fact that shipping companies are greener than their reputation
If you only follow the headlines in the media, you could easily get the impression that the green transition of shipping has stalled. Fortunately, this is not the case. Admittedly, the negotiations at the IMO in 2025 ended without the breakthrough many…
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