A keel-laying ceremony has been held in South Korea to mark the beginning of the formal construction of the Isle of Man Steam Packet Company’s (IoMSPC) new flagship ferry, Manxman.
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CIT Group’s Maritime Finance business provided $35.5 million to finance four commercial shipping vessels operated by Greenyield Shipping, the American bank holding company said.
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Singapore-based energy solutions provider Pavilion Energy, a subsidiary of Temasek, and Chinese city gas distributor Zhejiang Hangjiaxin Clean Energy have signed a term deal for the supply of small-scale LNG from Singapore.
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Japanese general trading company Sumitomo Corporation revealed plans to launch a full-scale project to design and develop an ammonia-fueled dry bulk carrier jointly with compatriot shipbuilder Oshima Shipbuilding.
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North Korea has launched Jang Su San, a 12,000 dwt cargo vessel which is the first known merchant vessel launched by the country in five years.
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