Shipping giant Maersk plans to produce up to two million tonnes of e-methanol a year in Spain by 2030 to supply its fleet of cargo ships and reduce its carbon footprint, the Spanish government said on Thursday.The project will require an investment of about 10 billion euros ($9.75 billion)…

SFL Corporation Ltd. has agreed to acquire a Pure Car Truck Carrier (“PCTC”) in combination with a long term time charter to a leading car carrier operator until 2028.The company expects to take delivery of the vessel during the fourth quarter.

The U.S has "no right" to interfere in Chinese cooperation with Germany, China's foreign ministry said Thursday, after Washington cautioned against Beijing getting a controlling stake in Hamburg's port terminal. U.S. interference is symptomatic of its practice of coercive diplomacy…

Shipbrokers IFCHOR and Galbraiths have agreed to merge and are in the final stages of completing a share for share agreement which is expected to close in the next few weeks. The new entity will be headquartered in Switzerland and comprise of…