MPC Container Ships (MPCC) has entered into contracts with Taizhou Sanfu Ship Engineering in China for the construction of six 3,700 TEU container vessels scheduled for first delivery in second half of 2028.Each vessel will operate under a 10-year time charter, with extension options, to a top five liner company.
MPC Container Ships (MPCC) has entered into contracts with Jiangsu Hantong Ship Heavy Industry in China for the construction of four 4,500 TEU container vessels, scheduled for delivery starting first half of 2028.The contract price per vessel is $58 million and the agreement includes options for two additional vessels at the same price.
Windward Offshore has taken delivery of its first Commissioning Service Operation Vessel (CSOV), Windward Athens, built by Norwegian shipbuilder Vard.The vessel represents a major milestone on Windward Offshore’s growth path and marks the company’s entry into operations with its dedicated CSOV fleet.
Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The average per TEU price of a basket of seven five-year-old container ships was $9,761/TEU in late August 2024.
The US Coast Guard and local partners are responding to an explosion aboard the 751-foot Liberia-flagged bulk carrier W-Sapphire in Baltimore Harbor.Responders from Coast Guard Sector Maryland - National Capital Region were dispatched to the area to assist. No injuries have been reported, and the cause of the explosion is under investigation.
The American Association of Port Authorities (AAPA) and a broad coalition of every donor and energy transfer port have sent the House and Senate Appropriations Committees and the Energy and Water Development Subcommittees leaders a letter, urging them to reverse a funding diversion and restore critical support for ports through the FY2026 appropriations process.
The federal district court in Anchorage, Alaska, has entered final judgment against three Kodiak-based commercial fishing companies and their manager for multiple violations of the Clean Water Act.The court entered default judgments against company manager Corey Potter and F/V Knot EZ LLC, Aleutian Tendering LLC, and Alaska Tendering Company LLC, and imposed a civil penalty of $1,182
Australia’s BHP Group has signed contracts with COSCO Shipping Bulk, a subsidiary of COSCO Shipping, for the charter of two ammonia dual-fueled Newcastlemax bulk carriers.The new vessels to be built under the arrangement will be two of only a handful of vessels in the world capable of using ammonia as a marine fuel.
Mitsui O.S.K. Lines (MOL) has taken delivery of the Kohzan Maru VII, a newbuilding dual-fuel methanol carrier, which will serve Mitsubishi Gas Chemical Company (MGC) under a long-term charter.The Kohzan Maru VII was delivered at HD Hyundai Mipo shipyard, where the naming ceremy took place.
The investigation into why a Mexican Navy training ship struck the Brooklyn Bridge on Saturday, shearing the top of its masts, will look into a possible engine failure and the role of a tug boat that assisted it in backing out of its pier, officials said on Monday.The ship's engine was the key focus for the National Transportation Safety Board, said Brian Young
Seanergy Maritime Holdings Corp. has entered into two definitive agreements with unaffiliated third parties in Japan for the purchase of a Japanese-built Newcastlemax vessel and a bareboat charter with a purchase obligation for one Japanese-built Capesize vessel, for approximately $69 million.
Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with a vessel operation management company funded by JERA.This is the eighth contract for LNG carrier signed with JERA. The vessel will be built at the Geoje Shipyard of Samsung Heavy Industries, and is scheduled for delivery in 2026.It will be 290 meters long, with a breadth of 45.8 meters.