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Navig8 Product Tankers Adds New LR1 Tanker

Shipping company Navig8 Product Tankers has taken delivery of the 74,000 dwt LR1 tanker Navig8 Precision from South Korean shipbuilder SPP Shipbuilding. Navig8 Precision, the third of four vessels contracted...

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Container ships demolition picks up pace

As demolition activity over the past few weeks has slowed down, on improving freight market conditions, mainly in the dry bulk segment. However, container scrapping seems to have picked up...

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Steel Cut for Wightlink’s New Ferry

UK ferry operator Wightlink has revealed that the steel cutting ceremony for its new ship took place at the Cemre shipyard in Yalova, Turkey, on October 4, 2016. To be deployed...

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MOL Sells Another Capesize Bulker

Tokyo-based shipping firm Mitsui O.S.K. Lines, Ltd. (MOL) has reached an agreement to sell another Capesize bulk carrier for a price of USD 28 million, according to data provided by...

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