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TORM to buy seven LR1 vessels for $233m

The vessels were constructed between 2011 and 2013 at shipyards in South Korea and China.

US DOT’s FTA earmarks $384.4m for ferry service upgrades

The funding will support the expansion of the nation’s ferry services as well as the shift to zero-emission transportation.

IN FOCUS: SafeSTS

UK based ship-to-ship service provider ranked in four categories in the 2022 Ship Technology Excellence Rankings

MSC and Maersk to terminate 2M container shipping alliance

2M focuses on maintaining competitive and cost-efficient operations on Transatlantic and Transpacific trade routes.

GTT to design tanks for two new LNG carriers

The vessels are expected to be delivered in the second quarter of 2026.