GeoLocation
Strategic Marine said chief executive Chan Eng Yew will step down for personal reasons, effective 1 October 2026. Jennica Chua will join the Singapore yard the same day as chief executive, bringing more than 30 years of financial and operational leadership across statutory board, listed and private companies.
Advantage Tankers has ordered four 50,000 dwt MR product tankers from Guangzhou Shipyard International, according to shipbroking and market sources. Delivery is expected by 2029, and the contract price has not been disclosed. The order is the Swiss tanker owner and operator’s first move into the MR segment.
Vietnam Ship Repair published a 2026 ranking of the five largest container shipping companies by capacity and fleet size. MSC tops the list with about 7.3 million TEU and about 1,000 ships, followed by Maersk, CMA CGM, COSCO Shipping and Hapag-Lloyd.