Bing Chen-led Seaspan Corporation has become the first international shipowner and operator to access China’s domestic Panda Bond market, raising RMB1.5bn ($209m) through a three-year private ...

Supermajor Shell, through its Malaysian subsidiary, Sabah Shell Petroleum Company, has taken a final investment decision on the third phase of the Malikai deepwater development. The project involves ...

Norwegian shortsea operator Hagland Shipping has taken a battery-hybrid mini-bulker on a multiyear charter from Germany’s Reederei Gerdes and commercial platform over-C. The 2026-built Forty-Two G is ...

Australian engineering group Monadelphous has secured a A$200m ($130m) contract to build a sixth car dumper at BHP’s Nelson Point terminal in Port Hedland, part of the miner’s plan to lift iron ore ...

Iran and Oman are expected to unveil a new traffic arrangement for the Strait of Hormuz imminently, potentially redrawing established shipping lanes and giving Tehran a formal role in overseeing ...

Machine learning is improving freight-rate forecasting, but shipping’s volatility remains beyond the reach of any model. A review of 28 studies published between 2012 and 2024 found growing use of ...

Nasdaq-listed OceanPal has completed its exit from shipping, selling the holding company behind its remaining fleet as the former Diana Shipping spin-off shifts entirely into artificial intelligence ...

The Panama Canal is imposing two further draft reductions at its neopanamax locks as falling water levels and a strengthening El Niño revive memories of the disruption seen in 2023 and 2024. From ...

Limited demolition supply and intense buyer competition have created one of the strongest ship recycling markets in years. Hitesh Vyas from Wirana Shipping reports. Shipowners are currently benefiting ...

Offshore driller Valaris has secured a batch of new contracts and extensions for its rig fleet, lifting its backlog to $4.6bn. Its 2015-built Valaris DS-18 drillship won a letter of award from an ...

North Carolina Ports is restoring systems after a cyberattack disrupted operations across its two deepwater terminals and inland port. The state authority detected the intrusion late on Tuesday, ...

Danish product tanker giant Torm has been linked to an order for up to eight MR newbuildings at China’s Zhoushan Changhong International Shipyard. Shipbroking sources are reporting a deal covering six ...