Shipping
Reach Subsea and Eidesvik deliver IMR vessel Viking Reach
The joint venture partners have finalised the sale of the 2009-built IMR vessel Viking Reach, with both companies reporting anticipated financial gains from the transaction.
Shipping
Cross-segment shipping and maritime freight market news for owners, charterers, brokers and operators.
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Newbuilding contracting activity rises across shipping sectors
Shipowners are expanding fleets with significant newbuilding orders for tankers and bulk carriers, while secondary market values remain stable amid shifting sector demand.
Shipping
Alkagesta acquires Turkish marine fuel distributor Energy Petrol
Alkagesta has acquired Turkish marine fuel distributor Energy Petrol, marking its first move into vessel ownership and expanding its global storage capacity.
Shipping
Alkagesta discusses energy growth at African Energy Week 2026
Alkagesta attended the African Energy Week 2026 conference in Cape Town to engage with regional stakeholders and discuss the future of African energy markets.
Shipping
Alkagesta discusses fuel transition strategies at SIBCON 2026
Alkagesta representatives attended the SIBCON 2026 conference in Singapore to engage with industry leaders on multi-fuel adoption, supply security, and the scaling of decarbonisation initiatives.
Shipping
Golar LNG acquires carrier for fourth FLNG conversion project
Golar LNG has purchased the 2013-built Grace Dahlia from NYK Line for conversion into its fourth floating LNG production unit, with delivery expected in 2029.
Shipping
Volare Shipping commences trading on Euronext Growth Oslo
Volare Shipping, a Trafigura Group entity, has begun trading on Euronext Growth Oslo following a USD 500 million private placement to support its modern VLCC fleet operations.
Shipping
Alkagesta hosts banking summit in Malta to discuss trade finance
Alkagesta hosted its Banking Partners Summit in Malta, highlighting over USD 1 billion in financial support for its global trading and operations.
Shipping
Petronas LNG Ltd. takes delivery of newbuild LNG carrier Puteri Kelantan
Petronas LNG Ltd. has expanded its fleet with the delivery of the newbuild LNG carrier Puteri Kelantan, constructed at Hudong-Zhonghua Shipbuilding to support global energy demand.
Shipping
Alkagesta attends Angola Oil & Gas Conference in Luanda
Alkagesta attended the Angola Oil & Gas Conference & Exhibition 2026 in Luanda to explore commercial opportunities within African energy logistics and supply chains.
Shipping
Exmar secures ten-year FSRU contract in Côte d’Ivoire
Belgian shipowner Exmar has signed a ten-year agreement to provide and operate an FSRU at the Port of Abidjan, with imports scheduled to commence in the third quarter of 2027.
Shipping
Alkagesta CEO addresses record shipping costs in new analysis
Alkagesta CEO Orkhan Rustamov outlines strategies for managing record-high freight costs and building supply chain resilience in a recent industry opinion piece.
Shipping
Hybrid-electric propulsion design for next-gen LNG carriers
Lloyd’s Register and South Korean shipbuilders have secured approval in principle for a hybrid-electric LNG carrier design, aiming to enhance efficiency and set new technical standards.
Shipping
Alkagesta reports growth in Singapore marine fuels market
Alkagesta has expanded its Singapore operations, securing storage at Horizon Terminal and reaching a 5% share of the local marine fuels market.
Shipping
Babcock LGE secures contract for four VLGC newbuildings
Scottish engineering firm Babcock LGE will provide gas handling systems for four 88,000 cbm VLGCs being built by Samsung Heavy Industries for Oceonix.
Shipping
Alkagesta discusses trade and regional growth at GTR Asia 2026
Alkagesta representatives attended the GTR Asia 2026 conference in Singapore to strengthen financial partnerships and review the expansion of its regional marine fuel and naphtha trading operations.
Shipping
Alkagesta joins International Bunker Industry Association as corporate member
Malta-based commodity and bunker firm Alkagesta has joined the International Bunker Industry Association as a corporate member to support its ongoing expansion in marine energy.
Shipping
Alkagesta expands commodity finance role in Malta
Commodity trader Alkagesta is leveraging global banking partnerships and expanded storage capacity to position Malta as a central hub for international trade finance and logistics.
Shipping
Alkagesta evaluates ULSFO supply expansion to Spain
Marine fuels firm Alkagesta is exploring the expansion of its ULSFO and biofuel supply footprint into Spain to support the Mediterranean emission control area.
Shipping
Alkagesta establishes Malta as a global commodity trading hub
Maltese-based Alkagesta has evolved from a regional bunkering provider into a global commodity trading house, managing flows of petroleum, fertilizers, and biofuels across 42 countries.
Shipping
Alkagesta secures $15 million credit facility with FIMBank Plc
Malta-based commodity trader Alkagesta has finalised a $15 million revolving inventory credit facility with FIMBank Plc, bringing its total credit capacity to over $1 billion.
Shipping
Alkagesta reports sustained growth in Singapore bunkering
Alkagesta has reported sustained growth in its bunkering operations in Singapore, reflecting the company's ongoing expansion in a key global maritime fuel hub.
Shipping
MARAD activates Empire State VII for classified national security mission
The U.S. Maritime Administration is deploying the Empire State VII for a classified mission, citing a lack of other suitable vessels to meet urgent military requirements.
Shipping
Trafigura and partners to advance low-carbon ammonia bunkering
CF Industries, Trafigura and TFG Marine have signed a memorandum of understanding to develop a supply chain for low-carbon ammonia as a marine fuel, initially targeting the U.S. Gulf Coast and Northwest Europe.
Shipping
London shipbroker appoints new head of dry cargo research
The appointment strengthens the firm's analytical coverage of dry bulk markets and forward freight products.