Euronav Purchases VLCC Newbuilding Duo
Antwerp-based tanker owner and operator Euronav NV has decided to further expand its fleet as it purchased two newbuilding resale vessels from the Greek ship operator Product Shipping and Trading SA… Read More
Drewry: Idle Boxship Fleet Increases across All Ship Sizes
Growing overcapacity is causing an increase in the idle containership fleet across all ship sizes and apparently in all seasons and, according to shipping consultancy Drewry, it is likely that some of the newly idled ships will be sold for demolition… Read More
MSC, NITC Giants Clash in Singapore Strait
The Panama-flagged Very Large Crude Carrier (VLCC) Dream II and containership MSC Alexandra collided in the Singapore Strait in the evening hours of August 3… Read More
Malta’s LNG Floating Storage Unit Ready for Work
A sail-away ceremony for the Floating Storage Unit (FSU) Armada LNG Mediterrana, which will be dispatched in the coming days to Malta, was held at Keppel Shipyard’s facilities in Singapore… Read More
BW Group Orders Two VLCCs from DSME
Oil and gas transporter BW Group has ordered two oil tankers at South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (DSME), the company confirmed to World Maritime News… Read More
World Maritime News Staff