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Breaking news and analysis on ports, piracy, shipbuilding, and the ships that keep world trade moving.
Greek tanker owner TOP Ships has agreed to buy four special purpose companies holding newbuilding contracts for ice-class 1A MR product tankers at Guangzhou Shipyard International, backed by seven-year charters with a major oil trader.
The Port of Tyne has moved into a new phase of its plastic pellet recovery operation nearly three months after a wind farm support vessel collided with a berthed containership and triggered a major nurdle spill into the River Tyne.
Evgenia Daskalopoulou, founder and president of Athens-based dry bulk owner Almi Marine Management, has died, the company announced, just days after it placed newbuilding orders for three more ultramax bulkers in China.
Vessel traffic through the Strait of Hormuz has dropped to its lowest level in more than two months after tanker attacks in the waterway reached their highest weekly frequency since the start of the Iran war.
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