By GMM News | 2024-08-28 | International Shipping News | Russia has started to use vessels sanctioned by the Europe Union (EU) for oil products exports, LSEG and market sources data showed. In June, EU countries adopted a 14th package of sanctions […]
By GMM Technologies | 2024-08-27 | Maritime Industry News | Mitsui O.S.K. Lines, Ltd. (MOL) and Vale International SA have announced the successful retrofit of a 200,000-ton class bulk carrier with two Norsepower Rotor Sails™. This […]
By GMM News | 2024-08-26 | International Shipping News | The sale has been widely expected as Korea Line, part of SM Group, has been reported to be keen to exit the VLCC segment. The Korean-built ships – SM […]
By GMM Technologies | 2024-08-26 | Maritime Industry News | Saudi shipping giant Bahri inked an agreement to acquire nine very large crude carriers (VLCCs) from global shipping outfit Capital Maritime and Trading Corporation for SAR 3.75 bn […]
By GMM News | 2024-08-21 | International Shipping News | Höegh Autoliners reported record financial performance in Q2 2024 with gross revenue of US $341 million and net profit of $174 million. Höegh Autoliners is a leading global […]
By GMM News | 2024-08-20 | International Shipping News | Russia’s efforts to bolster its so-called shadow fleet of oil tankers in the first half of this year helped to offset the impact of Western sanctions, according to the […]
By GMM News | 2024-08-20 | International Shipping News | The New York Shipping Exchange continues to expand its product offerings to win additional business in an increasingly dynamic container shipping market. “Shippers have to deal with unpredictable freight […]
By GMM Technologies | 2024-08-19 | Maritime Industry News | Llyod’s Register (LR) and UK-based Core Power have collaborated on a joint study to determine the regulatory feasibility and frameworks required for a next-generation nuclear-powered container […]
