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Boluda Takes Over Seatrium Tug Fleet in Singapore as Asia-Pacific Consolidation Push Gathers Pace

Boluda Takes Over Seatrium Tug Fleet in Singapore as Asia-Pacific Consolidation Push Gathers Pace

Boluda has continued its aggressive expansion of global towage capacity with the takeover of Singaporean shipbuilding conglomerate Seatrium Group's tug fleet and shipyard towage services. The acquisition comes only month…

Fri Apr 24 20265 min
Odfjell Commits $290M to Wind-Assisted Super-Segregator Newbuilds as Deep-Sea Fleet Renewal Accelerates

Odfjell Commits $290M to Wind-Assisted Super-Segregator Newbuilds as Deep-Sea Fleet Renewal Accelerates

Odfjell has placed an order for four new 40,000 dwt fully stainless-steel chemical parcel tankers at Japan's Kitanihon Shipbuilding, valued at approximately 290 million US dollars and spread across standard instalment te…

Fri Apr 24 20264 min
Dajin Heavy Industry Enters Newcastlemax Segment With $600M Contract Package From Fredriksen and Coustas Groups

Dajin Heavy Industry Enters Newcastlemax Segment With $600M Contract Package From Fredriksen and Coustas Groups

Dajin Heavy Industry has formally confirmed its entry into mainstream commercial newbuilding through two contract packages worth close to 600 million US dollars, marking a significant departure from the company's histori…

Fri Apr 24 20264 min
Flag State Heavyweights Break Ranks on IMO Net-Zero Framework as MEPC 84 Nears

Flag State Heavyweights Break Ranks on IMO Net-Zero Framework as MEPC 84 Nears

A broad industry coalition claiming to represent roughly half of the world's merchant fleet has formally asked the International Maritime Organization to reopen its approach to decarbonising global shipping, just days be…

Wed Apr 22 20265 min
The World Economy Floats

The World Economy Floats

The global economy is built on the foundation of ocean systems, with vast networks of trade, energy, and infrastructure moving across seas. Oceans are not just geographical features, they are the invisible highways that…

Mon Mar 30 20264 min
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