Japan’s Marubeni Corporation and Norwegian dry bulk operator Klaveness are merging Panamax Pool activities. A jointly owned pool management company, Maruklav Management Inc., will be led […]

Croatian DIV Group has agreed with Norwegian expedition cruise operator Hurtigruten to acquire Kleven Verft, a Ulsteinvik-based builder of ferries and offshore support vessels.  The agreement […]

Korean shipping giant Hyundai Merchant Marine (HMM) roughly anticipates a 25% improvement in its revenue for 2020, reaping the fruits from the impending deployment of its […]

Germany’s shipowner and ship manager Schulte Group and compatriot insurance group DEVK have established Navigo Shipholding AG, a maritime asset investment platform for institutional investors. As […]

Prices for compliant fuels, very-low sulphur fuel oil (VLSFO) and marine gas oil (MGO), rose quickly since the start of implementation of the sulphur cap on […]

More than 100 containerships aggregating 950,000 TEUs were in yards for scrubber retrofits last month before the International Maritime Organization (IMO) sulphur cap entered into force […]