John Fredriksen-controlled Flex LNG said it was contemplating the acquisition of shipbuilding contracts for two high-end MEGI LNGC newbuilds at South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME).

The South African Maritime Authority (SAMSA) has released photos from the fire-stricken boxship APL Austria showing the firefighting operations and scorched containers from the ship.According to SAMSA, fires in the lower hold No4 of the shi

The container market has seen an inflection point in late 2016, with demand rising above supply during the fourth quarter, ushering in the start of a period of strengthening earnings for carriers, Danish boxship giant Maersk Line believes.A

The fire that broke out on the giant Liberian flagged boxship APL Austria while sailing off South Africa has been contained, but its situation is still being closely monitored, the South African Maritime Safety Authority (SAMSA) informed in