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The long-term time charter agreements are for cross-border transport of CO₂ from commercial customers in Europe.
Construction activities have now restarted both offshore and onshore at Afungi site, with over 4,000 workers currently mobilized of which over 3,000 are Mozambican nationals.

COSCO Shipping Lines enhances Trans-Atlantic services

Vessels from Salerno will reach New York in just 21 days.

Tanker carrying Venezuelan heavy oil departs to Louisiana, shipping data shows

The first cargo going directly to the U.S. as part of a 50-million-barrel supply deal agreed this month between Caracas and Washington.

LR launches stowage solutions to cut container losses and improve ship efficiency

According to the World Shipping Council, 576 containers were lost at sea in 2024 — more than double the previous year.

MPC OSE Offshore secures long-term financing for newbuild program

Long-term financing secured for a fleet of Offshore Survey and Support Vessels (OSSVs) with deliveries scheduled for 2026-2027

PaxOcean–ABB collaboration on Singapore’s first electric tug reaches major milestone

The tug is the first of its kind to be built and operated in Singapore as part of the city-state’s harbor craft electrification strategy

Georg Fischer LATAM contracted for PES project

Under this project, a Damen SIGMA frigate will be built by COTECMAR, at their shipyard in Cartagena.

Ocean Network Express secures minority stake in Dalian Container Terminal

DCT is one of the biggest dedicated container terminals in the region.

APM Terminals invests in new services to accommodate Nigerian growth

The facilities include two waterfront and inland container terminals as well as barge services

MSC Magnifica completes a major refurbishment at Palumbo Malta Shipyard

Her sister ship, MSC Poesia, will undergo similar enhancements in February before her Alaska debut in May 2026

DFDS extends space charter agreement with CLdN

Under the new agreement, freight capacity will increase by adding more lane metres, and improved flexibility

MPC Container Ships ASA orders six container ship newbuildings

Each vessel will operate under a 10-year time charter, with extension options, to a top 5 liner company.

Stena Surprise officially joins the Swedish Registry

Built in 2012, Stena Surprise is the latest Suezmax tanker to join the Swedish Shipping Register

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