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Marine World
LNG Fleet Faces Compliance Divide as EU Carbon Costs Threaten Older Carrier Economics
A growing split is emerging within the global LNG carrier fleet as tightening European emissions regulations begin reshaping vessel economics,…
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Port News
Scorpio Tankers pivots from older LR2s to newbuilds
Scorpio Tankers has moved to refresh its LR2 fleet, agreeing to sell two 2016-built vessels while lining up two scrubber-fitted…
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Port News
Jinhui continues to trim older tonnage with $10.3m supramax disposal
Jinhui Shipping & Transportation has offloaded another ageing supramax as it continues to trim older tonnage and push ahead with…
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Maritime News
BIMCO: Recycling Wave Could Come After Ships Hung on to Deliver More Boxes
The shipping industry has speculated for years that a potential recycling wave might be coming, but it was delayed by…
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Port News
Apeejay Shipping swaps younger ships for larger, older units in Star Bulk deal
Sumant Ahlawat-led Apeejay Shipping has reshuffled its dry bulk fleet, opting for larger units even at the expense of raising…
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Port News
Torm takes over 13 leaseback tankers as it sheds older tonnage
Danish product tanker player Torm is expanding its owned fleet significantly after exercising purchase options on 13 ships previously under…
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Maritime News
Facing Manning Crisis, RFA Highlights Willingness to Train Older Cadets
Facing an existential crisis in manning, the Royal Fleet Auxiliary is highlighting its successes in recruiting and training the…
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Port News
Panama will not register tankers and bulk carriers older than 15 years
In its most firm action to date to counter dark fleet registrations, the Panamanian Ship Registry, the world’s second-largest flag,…
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Maritime News
Panama Closes Registry to Older Tankers and Bulkers Targeting Shadow Fleet
The Panamanian Ship Registry announced effectively immediately it is closing its registry to older vessels. It comes after pressure…
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Marine World
Panama Closes Ship Registry to Older Oil Tankers and Bulkers Amid Shadow Fleet Concerns
The Panama Ship Registry will no longer accept the registration of oil tankers or bulk carriers that are more than…
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