The London P&I Club, acting as assurer to the owners of the MV X-Press Pearl, is intensifying its approaches to the authorities in Sri Lanka over the compensation awarded to cover damage caused by the shipwreck of the vessel off Colombo.

Havila Shipping has secured more work with Equinor after the Norwegian energy major exercised fresh options on one of the owner’s platform supply vessels.

New York-listed boxship owner Global Ship Lease (GSL) has moved to expand its fleet, striking a deal to buy three 8,600 teu vessels for a combined $90m.

Coming just days after Kyiv claimed the use of Sea Baby naval drones to strike two Russia-linked shadow fleet tankers – the Kairos suezmax (pictured) and the Virat aframax – in the Black Sea, a third casualty has now emerged thousands of miles away.

Container shipping faces a chronic oversupply of megaships and deepening shortage of smaller-to-mid-sized vessels.

Greek tanker owner Super-Eco Tankers Management has returned to the newbuilding market with an order for up to four MR product and chemical tankers in China, marking the company’s first newbuild investment in more than two years.

Further to our first Customer Advisory, informing about the fire incident onboard of the vessel at the Port of Los Angeles.

Ro/Ro Shipping Analysis 2025 – Operators, Fleets, Trades

With Europe working to revamp its industrial sector, the availability of cost-competitive steel is a major factor. But as the European Union tightens its climate regulations, focus has shifted to the decarbonization of steel production as well.