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Maritime News
Eastern Pacific Shipping Announces Strategic Exit from Chemical Tankers
In a surprise development, Singapore-based Eastern Pacific Shipping announced its immediate exit from the chemical tanker segment. It follows the…
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Maritime News
TotalEnergies Remains Silent as Russia Approves Sale of Arctic LNG 2 Stake
Russian President Vladimir Putin has approved the sale of a 10% stake in the sanctioned Arctic LNG 2 project held…
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Port News
Economou jumps back onto the S&P wagon with rusty cape sale
Greek shipping magnate George Economou has returned to the sale and purchase market, cashing in on the firming cape sector,…
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Maritime News
Report: US Treasury Allows Demolition Sale for Four Sanctioned Ships
The U.S. Treasury has authorized a demolition sale for four sanctioned vessels linked to the Shamkhani shipping network, a large-scale…
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Port News
Safe Bulkers trims ageing fleet with two-vessel sale
Greek dry bulk owner Safe Bulkers has moved to further streamline its fleet with the sale of two older vessels…
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Maritime News
Edda Wind Closes Fleet Sale as Investment Funds Drive Sector Consolidation
Edda Wind, which had been launched as an early service provider dedicated to the emerging offshore wind sector, has officially…
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Maritime News
Report: China Merchants Joins Talks for Sale of CK Hutchinson’s Port Ops
China Merchants Group has reportedly entered into the negotiations in an effort to advance the stalled talks regarding the sale…
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Port News
Navigator lines up $183m exit from Unigas pool with eight-ship sale
New York-listed Navigator Holdings has moved to streamline its fleet, signing a non-binding letter of intent to sell eight gas…
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Maritime News
Alaska Seeks Interested Buyer to Save 63-Year Old Historic Ferry
Faced with the challenges of a mounting budget shortfall and an aging fleet, the Alaska Marine Highway System, operated by…
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Maritime News
China Merchants Is the Latest to Withdraw from China’s Cruise Market
China Merchants, one of the country’s largest industrial companies and heavily involved in the maritime sector, has abandoned its efforts…
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