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Ocean Yield Invests into New Suezmax

Norwegian ship owner Ocean Yield ASA has purchased a new Suezmax tanker with 14-year bareboat charter to a company owned and guaranteed by Okeanis Marine Holdings SA. Being bought for...

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Hyundai Samho Attracts USD 356 Mn of Investment

South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI) has collected KRW 400 billion (USD 356 million) of investment through its pre-initial public offering. Coming from the local private equity company IMM...

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NASSCO Delivers Final ECO Tanker to APT

Palmetto State, the eight and final tanker constructed at US-based shipyard General Dynamics NASSCO, was delivered to American Petroleum Tankers (APT). The shipbuilder said that the LNG-ready ECO Class tanker, one...

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Kenya Inks Amendment to Maritime Piracy Deal

Kenya has become the 13th signatory to the Jeddah Amendment to the Djibouti Code of Conduct, the regional maritime piracy agreement, according to the International Maritime Organization (IMO). Developed and adopted...

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SAL: Australia to Ratify Ballast Water Convention

The Australian Government has decided to ratify the International Ballast Water Convention, bringing the country into line with global shipping standards, according to Shipping Australia Limited. The decision would enhances...

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