Shipping news – Page 2
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NewsMeriaura sees revenue growth but profit hit by restructuring
Finland’s Meriaura Group published its financial results for 2024, with revenue up but EBITDA and net profit down on 2023’s figures. The Finnish shipping firm puts this largely down to the restructuring of its business.
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NewsCOSCO Shipping Specialized places semi-sub order
COSCO Shipping Specialized Carriers has signed a contract to build a next-generation 70,000 dwt DP2 semi-submersible vessel.
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NewsRotra Horizon launched
The Netherlands-based Amasus Shipping took delivery of the multipurpose vessel Rotra Futura from the Jiangsu Zhenjiang Shipyard in China earlier this week. Then, on April 3, Amasus confirmed that its sistership, Rotra Horizon, had been launched.
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NewsUK government maps out route to carbon-free shipping
The UK government has set out its measures to reach carbon-free shipping by 2050.
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NewsClassNK makes key appointments and approves WAPS
Japan-based ClassNK has appointed a new president and ceo, as well as an executive vice president. The classification society has also issued an approval in principle (AiP) for a rigid windsail type wind-assisted propulsion system (WAPS) developed by OceanWings.
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News2KSC optimistic but cautious for shipping sector
2K Shipping Company (2KSC), based in Türkiye, remains optimistic despite concerns for the wider shipping sector, spearheaded by tariffs and disruptions in the Middle East.
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NewsGRSE lands vessel order from Carsten Rehder
India’s Garden Reach Shipbuilders and Engineers (GRSE) signed a contract earlier this week with German shipping line Carsten Rehder for the construction of two 7,500 dwt multipurpose vessels.
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NewsTX-10,000 prepared for 2025 season
In January 2025, Xenos Marine acquired the VB-10,000 heavy lift vessel. The ship was renamed TX-10,000 at a christening ceremony in Galveston earlier this week.
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NewsNTSB proposes reviews for 68 US bridges following Baltimore collapse
As part of the ongoing investigation into the collapse of the Francis Scott Key Bridge in Baltimore, the National Transportation Safety Board (NTSB) recommended that 30 owners of 68 bridges across 19 states conduct a vulnerability assessment to ascertain the risk of bridge collapse from a vessel collision.
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NewsMitsubishi Shipbuilding takes orders for trio of methanol ro-ro ships
Mitsubishi Shipbuilding has secured additional orders for three methanol-fuelled ro-ro cargo ships from three different Japanese companies.
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NewsFred. Olsen Ocean divests stake in United Wind Logistics
Fred. Olsen Ocean has agreed to sell its 50 percent stake in United Wind Logistics (UWL) to United Heavy Lift (UHL).
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NewsProposed USTR fines for heavy lift shipping ‘unfeasible’ in free market
The US Trade Representative (USTR) has proposed large fees for vessels operated by Chinese ship operators or those built in China that dock at US ports, in a bid to counter China’s dominance in the maritime trade. Drewry’s analysis highlights the scale of the potential impact on the heavy lift and multipurpose shipping sector.
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NewsBaltic Exchange adds biofuel blends to emissions calculator
Baltic Exchange has introduced a series of green fuel options to its FuelEU voyage and compliance cost calculator.
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NewsHapag-Lloyd sceptical about 2025 due to geopolitical uncertainty
Container shipping group Hapag-Lloyd posted an improved revenue and EBITDA in 2024, although its group profit is down. Looking forward, it highlighted the impact that geopolitical uncertainty could have on its operations.
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NewsZhenhua 37 enters service
China’s ZPMC said that its latest 30,000 dwt deck carrier has officially entered service.
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NewsLongearth sets sail
Longship has confirmed that its newbuild general cargo vessel Longearth has set sail on its maiden voyage.
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NewsCOSCO lands Northern Endeavour contract
The Australian government has engaged COSCO Shipping Heavy Transport (COSCO) to dry tow the Northern Endeavour floating production storage and offtake (FPSO) vessel to a recycling location.
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NewsGrimaldi takes delivery of Eco Napoli
Italy-based shipping company Grimaldi Group has taken delivery of the last of its 14 ships in the Grimaldi Green 5th Generation (GG5G) class, Eco Napoli, in Nanjing, China.
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NewsBoskalis sees another record year
Dutch offshore engineering contractor Boskalis enjoyed a record year in 2024, with revenue marginally up, EBITDA and net profit both up 30 percent, and the orderbook up 16.66 percent on 2023’s financial figures. The company will also appoint a new ceo in April
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NewsTerramar delivered as AtoB@C hits midway point in newbuilding programme
AtoB@C Shipping took delivery of the newbuild vessel Terramar in Goa, India on March 14, 2025. The delivery marks the halfway point in the company’s newbuilding programme.