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‘We can finally turn the page’: Saverys company emerges from second tender with 92% of CMB.Tech
by Eric Priante Martin on 22 November 2024 at 9:56 pm
Former Euronav to remain listed in pursuit of low-carbon shipping ambition
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Wavelength podcast: An anniversary no one wanted and the Bahri barometer for tankers
by Craig Eason on 22 November 2024 at 5:18 pm
Don’t miss this week’s episode of the TradeWinds audio edition
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Red Sea effect splits analysts as Zim given both ‘buy’ and ‘sell’ rating
by Jonas Walsgård on 22 November 2024 at 3:19 pm
Clarksons raises target price to $35 while Fearnleys cuts it to $20
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George Procopiou’s Dynagas LNG Partners eyes ‘other sectors’ for growth as dividend returns
by Harry Papachristou on 22 November 2024 at 2:59 pm
US-listed outfit posts biggest net profit in 10 quarters
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Societe Generale pushing down shipping portfolio emissions with ‘selective origination’
by Eric Priante Martin on 22 November 2024 at 2:49 pm
Maritime head Paul Taylor says French bank expects to show improvement in next Poseidon Principles report
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Pyxis ‘guardedly optimistic’ on tankers and bulkers as it scours secondhand market
by Gary Dixon on 22 November 2024 at 2:43 pm
Greek owner says immediate focus is on share buybacks and debt reduction
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Get ready for dividends after Solstad Offshore settles claim on biggest ship
by Matt Coyne on 22 November 2024 at 1:52 pm
Fight started in 2022 over stakes in subsea vessel Normand Maximus
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Star Bulk is right to smile on investors with share buybacks, analysts say
by Gary Dixon on 22 November 2024 at 1:19 pm
Clarksons Securities believes Greek owner is correct in eschewing newbuildings and secondhand deals for now
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Demand for 250 capesize bulkers could be added by Atlantic iron ore bonanza, says Clarksons
by Gary Dixon on 22 November 2024 at 11:53 am
Analysts say need for ships outstrips the 136 vessels on order at shipyards
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Kristian Rokke-backed Philly Shipyard failures come to light as Hanwha acquisition creeps closer
by Matt Coyne on 22 November 2024 at 11:40 am
Lawsuit from Texas customer underscores difficulties at Pennsylvania builder
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Fake documents mask Russian oil shipments, sanctions body warns
by Paul Peachey on 22 November 2024 at 11:09 am
Enforcer publishes list of warning signs that point to evasion of price cap scheme
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Bulker owner CSL moves into offshore with order for niche rock installation ships
by Gary Dixon on 22 November 2024 at 10:39 am
Canadian player teams with Dutch group OWL to forge new business in Europe
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Zodiac Maritime orders dual-fuelled product tankers at New Times Shipbuilding
by Irene Ang on 22 November 2024 at 9:58 am
Tankers are expected to trade in Europe
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Dutch owner Vertom hikes orderbook to 26 ships with fresh deal
by Gary Dixon on 22 November 2024 at 9:56 am
Company adds bigger geared tweendeckers to existing 12-ship deal in India
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Odfjell expands terminal storage capacity in South Korea to boost chemical exports
by Jonas Walsgård on 22 November 2024 at 9:30 am
Odfjell Terminals Korea signs MoU with Saudi Aramco’s S-Oil
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Wallenius Wilhelmsen uses option to buy car carrier after value more than doubles in five years
by Gary Dixon on 22 November 2024 at 9:30 am
Shipowner says purchase price was well below current valuation of $72.5m
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Cashew nut-based bunkers clogging ship engines, says fuel tester
by Gary Dixon on 22 November 2024 at 9:07 am
CTI-Maritec recommends owners stop using fuel made from shells
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Voyages delayed after pilots refuse to board sweltering ships in Brazil
by Paul Peachey on 22 November 2024 at 8:51 am
Ships delayed after owners forced to buy new units to keep bridges cool
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Vitol research chief charts swing in Chinese tanker demand
by Gary Dixon on 22 November 2024 at 8:20 am
Head of research Giovanni Serio says petrol requirements may have peaked, but clean tankers will still be needed to import industrial feedstock
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Swedish Club follows pack with premium increase plan
by Paul Peachey on 22 November 2024 at 8:07 am
Gothenburg ship insurer said the rise is part of a three-year strategy for sustainable growth
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Spliethoff launches probe after being branded ‘poor-performing operator’ in Australia
by Gary Dixon on 22 November 2024 at 7:56 am
Dutch owner showed a ‘serious lack’ of action through double detention this year
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‘The great leveller’: Why Norden welcomes ‘complex’ FuelEU Maritime rules
by Jonas Walsgård on 22 November 2024 at 7:13 am
As compliance and commercial drivers intertwine, Danish company believes opportunities will be created
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Jobs cut at Pacific International Lines as automation drive kicks in
by Irene Ang on 22 November 2024 at 4:00 am
Enhanced severance packages and job placement support given to affected employees
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US leaves no major Russian bank unsanctioned in finance clampdown
by Eric Priante Martin on 21 November 2024 at 10:47 pm
Sanctions target third-largest bank, which has been involved in ship finance and shipbuilding
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India pushes for P&I club as it builds a shield for international sanctions
by Paul Peachey on 21 November 2024 at 10:40 pm
Feasibility study latest step in Indian insurance plan to avoid restrictions under the sanctions regime
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That rosy dry bulk ‘supply’ story? It’s a pink flamingo, says Radziwill
by Joe Brady on 21 November 2024 at 9:28 pm
CTM and GoodBulk principal sketches a thesis that could see him grabbing some bulkers soon
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Lois Zabrocky-led Seaways to launch first female cadet programme
by Joe Brady on 21 November 2024 at 7:52 pm
Tanker CEO shares career highlights with Scorpio’s Robert Bugbee
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Greece’s EuroDry is latest owner to join ultramax newbuilding rush
by Gary Dixon on 21 November 2024 at 3:06 pm
Athens company signs for two 63,500-dwt bulkers in China
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CoolCo says LNG dark fleet yet to reach material level as spot market struggles with ‘indigestion’
by Matt Coyne on 21 November 2024 at 2:43 pm
CEO Richard Tyrrell discusses the growth of Russian trading gas carriers and the record-low freight market
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From London to Lone Star State: How an English banker fell in love with the ‘antique oil brigade’
by Joe Brady on 21 November 2024 at 2:34 pm
This week’s Streetwise examines the career of Andy Longhurst and what Beal Bank may do under Trump
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Dorthe Bendtsen steps up to run bunker trader KPI OceanConnect
by Gary Dixon on 21 November 2024 at 2:29 pm
Danish group appoints interim boss ahead of search for successor to Anders Gronborg
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Two more tankers off the sales list as Neste denies double product carrier disposal
by Gary Dixon on 21 November 2024 at 1:56 pm
Oil company contradicts broker reports concerning two small clean carriers
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Kjell Inge Rokke’s Solstad Offshore secures contract for its largest ship
by Matt Coyne on 21 November 2024 at 12:19 pm
Previously problematic vessel now booked until the end of 2026
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New record-low LNG carrier spot rates raise the spectre of long-term lay-ups, brokers say
by Gary Dixon on 21 November 2024 at 12:11 pm
Earnings under pressure as competition hots up for Atlantic stems
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Oldendorff succession plan revealed: Shipowner’s daughters take stakes in German giant
by Holly Birkett on 21 November 2024 at 11:54 am
Next generation of Oldendorff will be passive shareholders initially
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Greek owner Marios Gialozoglou pockets handy profit from latest product tanker sale
by Gary Dixon on 21 November 2024 at 11:41 am
Clean carrier size continues to be popular in muted sale and purchase market
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Bulker officer killed by mooring line after port manoeuvre breached guidelines, probe finds
by Gary Dixon on 21 November 2024 at 11:39 am
Crew member moved into danger zone to get a better view of berthing operation
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Golden Ocean shares slump as Pareto cuts stock and panamax forecasts
by Jonas Walsgård on 21 November 2024 at 10:47 am
Shares fall 8% on Oslo Stock Exchange
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State oil giant Sonangol tables $1.2bn tankers and LNG carrier newbuilding enquiry
by Irene Ang,Lucy Hine on 21 November 2024 at 10:47 am
State energy giant could firm up suezmaxes before the end of the year, with LNG carriers to follow
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Shipping and ports billionaire Gautam Adani charged with fraud in US
by Gary Dixon on 21 November 2024 at 10:21 am
Adani Group owner facing accusations of bribery relating to renewable-energy subsidiary
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Eletson leaders jostle for control after conflicting US and Greek court rulings
by Gary Dixon on 21 November 2024 at 9:56 am
Tanker owner’s incumbent officers claim US process lacks Greek and Liberian court authority
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War risk and energy expansion on cards for P&I heavyweight NorthStandard
by Paul Peachey on 21 November 2024 at 9:22 am
Second-largest protection and indemnity club is looking to build its non-P&I business over the next five years
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DNB partners with non-profit HUB Ocean to strengthen shipping sustainability drive
by Jonas Walsgård on 21 November 2024 at 9:11 am
Collaboration will help DNB’s clients to lead in transition to more responsible ocean economy
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Navigator adds to order book with $205m ethylene carrier play
by Gary Dixon on 21 November 2024 at 8:48 am
London-based owner doubles Jiangnan Shipyard deal to four new vessels
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Hunter in the red as winter tanker market held down by dark fleet’s growing share of Chinese oil trade
by Matt Coyne on 21 November 2024 at 8:32 am
Norwegian VLCC charterer sees positive signs in loss-making quarter
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John Fredriksen’s SFL upgraded to ‘buy’ at Fearnleys with $4.7bn backlog to power profit
by Jonas Walsgård on 21 November 2024 at 8:10 am
Analyst also lowers share price target to $13
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Rem Offshore signs ‘record-breaking’ charter with Equinor for methanol-fuelled newbuilding
by Gary Dixon on 21 November 2024 at 8:01 am
Inspection, maintenance and repair deal also involves subsea operator DeepOcean
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Subsea 7 expecting to close out 2024 strong and an even better 2025
by Matt Coyne on 21 November 2024 at 7:54 am
Norwegian offshore player’s bottom line jumps to $98m
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Covid training and Red Sea crisis spark spike in shipping accidents
by Paul Peachey on 21 November 2024 at 7:51 am
NorthStandard fears exhausted crew members are making more mistakes
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Shiptech newsletter: Methanol conversions, bankruptcies, sell-offs and too much risk appetite for cyber attacks
by Craig Eason on 21 November 2024 at 7:34 am
A collation of some of the latest technology developments across the shipping and maritime sectors
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Navigare Shipping kicks off major fleet renewal with four-ship newbuilding order
by Gary Dixon on 21 November 2024 at 7:32 am
Faroe Islands owner inks newbuilding contract in the Netherlands
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Former Shell lifer turned Bunker Holding executive reveals green growth plans with French style
by Lucy Hine on 21 November 2024 at 7:17 am
New division chief Valerie Ahrens outlines her strategy to grow the company’s offering
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CoolCo boosts firepower with bank approval for $570m refinancing
by Jonas Walsgård on 21 November 2024 at 7:13 am
Sees winter market to be impacted by unfavourable short-term trading and delivery of new vessels
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Bulker player Yangpu Zhongxin breaks into tanker sector with order for two MRs
by Irene Ang on 21 November 2024 at 5:01 am
Chinese shipbuilder makes its debut in segment
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Euroseas orders container ships in China as earnings blow past Wall Street bets
by Eric Priante Martin on 20 November 2024 at 10:43 pm
Net income drops, but not as far as analysts expected
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Idan Ofer boosts car carrier newbuilding orderbook with six dual-fuelled ships
by Irene Ang on 20 November 2024 at 10:24 pm
Diversified shipowning company has already lined up employment contracts for six of the 5,500-ceu newbuildings
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New Eletson Holdings CEO works with Toronto hedge fund backed by rescue finance specialist
by Joe Brady on 20 November 2024 at 9:15 pm
Ultrapetrol and Ravenscroft veteran Len Hoskinson is also part of new three-man board
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US official says Houthis seeing themselves as ‘not so much subordinate’ to Iran
by Eric Priante Martin on 20 November 2024 at 6:47 pm
Efforts to degrade militants’ capability will continue, Lloyd Austin says
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Zim at the ready for changed world under Trump administration
by Joe Brady on 20 November 2024 at 5:14 pm
Coming off big earnings beat, management talks about what 2025 could hold
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Ningbo Ocean doubles bulker fleet with ultramax newbuilding swoop
by Gary Dixon on 20 November 2024 at 3:36 pm
Chinese owner best known for container ships is more than doubling its dry cargo fleet at a stroke
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Bargains to be had as smaller tankers keep S&P market ticking over
by Gary Dixon on 20 November 2024 at 3:18 pm
Larger vessel sizes may not be selling, but buyers remain interested in older product and chemical carriers
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Vard snares five-ship offshore wind vessel order from mystery buyer
by Gary Dixon on 20 November 2024 at 2:46 pm
Norwegian group’s Vietnam yard to build specialised walk-to-work ships for delivery from 2027
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London Greek player Helikon sells supramax duo ahead of newbuild delivery wave
by Harry Papachristou on 20 November 2024 at 2:29 pm
Low-profile firm has ordered 16 bulker and two tanker newbuildings in past two years
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As tanker rates keep rolling, China could have thrown up another hurdle
by Matt Coyne on 20 November 2024 at 1:29 pm
Earnings gains on some routes as Beijing cuts product export tax rebate
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Zim shares soar after $100m special dividend and hike in full-year profit forecast
by Joe Brady on 20 November 2024 at 1:10 pm
Israeli liner company rewards holders with $100m special dividend, taking payout to $3.65 per share
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Samsung Heavy Industries unveils wind-assisted LNG carrier design
by Lucy Hine on 20 November 2024 at 12:26 pm
Shipbuilder shifts bridge forward to circumvent visibility issues
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Greek shipowner sues after insurers snub $50m payout on VLCC seized by Iran
by Paul Peachey on 20 November 2024 at 11:57 am
The targeting of the Niovi has echoes of the helicopter-borne operation to seize the Galaxy Leader
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Mercy Ships becomes charity partner of Norway’s maritime industry to boost newbuild construction
by Jonas Walsgård on 20 November 2024 at 11:29 am
Medical charity’s third vessel is scheduled for delivery in March 2028
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‘Eye-watering’ rates fuel unprecedented boom in small chemical tanker orders, SSY says
by Gary Dixon on 20 November 2024 at 10:57 am
UK shipbroker identifies long-neglected sector as one to watch
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Costamare bulker platform slides deeper into red in third quarter
by Harry Papachristou on 20 November 2024 at 10:30 am
Greek firm sticks to its ambitious charter-in venture but has still to see a profit from it
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Ocean Yield scales down newcastlemax bulker deal with CMB.Tech
by Jonas Walsgård on 20 November 2024 at 10:22 am
Arctic Securities describes third-quarter report as credit neutral
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Trading giant Gunvor seals $2.3bn finance deal linked to emissions of chartered fleet
by Gary Dixon on 20 November 2024 at 9:33 am
Placement of two revolvers was upsized due to bank demand, commodities giant says
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Idan Ofer, Evangelos Marinakis and Synergy pioneer autonomous vegetable-growing kit on ships
by Gary Dixon on 20 November 2024 at 9:26 am
Big shipping names promoting healthier crews and a more sustainable future
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Golden Energy Offshore flips to profit as fleet growth continues
by Matt Coyne on 20 November 2024 at 8:54 am
Alesund-based owner’s fleet stands at nine ships following management deal
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JL Mowinckels breaks into new arena with ultramax order
by Gary Dixon on 20 November 2024 at 8:32 am
Norwegian owner behind one of two mysterious contracts reported earlier at Jiangsu Haitong Offshore Engineering
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Eidesvik Offshore’s term cover lifts profit to eight-year high despite sluggish market
by Gary Dixon on 20 November 2024 at 8:19 am
Norwegian owner not affected by struggling PSV rates
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Maersk Tankers takes $40m hit in legal battle linked to collapsed empire of tycoon OK Lim
by Gary Dixon on 20 November 2024 at 7:43 am
Danish owner admitted it had discharged gasoil without presenting original bills of lading in dispute with United Overseas Bank
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Hong Kong shipowners: It feels like we’re in ‘The Twilight Zone’
by Ian Lewis on 20 November 2024 at 6:51 am
Wah Kwong, Pacific Basin and KC Shipping taking no risks without clear direction
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Chinese bulker suspected of underwater cable ‘sabotage’ held off Denmark
by Harry Papachristou on 20 November 2024 at 6:27 am
In likely repeat of 2023 incident, vessel is investigated for damaging subsea Baltic internet connection
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Eletson sails out of bankruptcy court with a hedge fund backer, a new chief executive and no debt
by Eric Priante Martin on 19 November 2024 at 11:01 pm
Tanker owner emerges with no debt and new leadership
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Trump taps prominent shipping name to head US Commerce Department — again
by Joe Brady on 19 November 2024 at 10:47 pm
Owner of Poten & Partners and Oil Brokerage is moving into cabinet post, if confirmed
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Star Bulk cranks up profit and scores $130m debt deal
by Eric Priante Martin on 19 November 2024 at 10:12 pm
New York-listed shipowner delivers results within range of Wall Street expectations
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‘At risk of failure’: Four retail brands accused of stalled progress on shipping emissions
by Eric Priante Martin on 19 November 2024 at 10:06 pm
Companies face a potential ‘F’ in next report card by Ship It Zero
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Ocean Yield reveals profit growth as six ships snapped up from leases
by Eric Priante Martin on 19 November 2024 at 6:36 pm
Leasing player nears completion of LNG investment
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Houthis confirm strike on bulker as shipping marks first anniversary of Red Sea crisis
by Harry Papachristou on 19 November 2024 at 3:50 pm
Yemeni rebels say vessel’s management company ignored warnings
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Judge threatens to close the book on third lawsuit against Kalani Investments
by Eric Priante Martin on 19 November 2024 at 3:30 pm
Judge asks shareholders who sued Diana Containerships why he shouldn’t throw out their case
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Aristides Pittas bulker firm EuroDry posts sixth loss in seven quarters as it boosts firepower
by Harry Papachristou on 19 November 2024 at 3:28 pm
Greek owner of midsize bulkers sends almost one-third of its fleet through dry dock amid sluggish markets
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German engineering lobby group sets out pan-European aims
by Craig Eason on 19 November 2024 at 3:24 pm
VDMA drops full German name as it aligns itself with expanded role
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BW LPG sale shows VLGC asset prices rising despite ‘stunted’ rates, Jefferies says
by Gary Dixon on 19 November 2024 at 2:54 pm
Analysts note disposal of 2007-built vessel for more than a younger gas carrier when earnings were higher
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Venture Global poised to rise through US LNG producer ranks as second plant set for exports
by Lucy Hine on 19 November 2024 at 2:41 pm
Controversial US producer is widely tipped to be pursuing plans for an IPO
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Trafigura funnelled shipping bribes through ‘Mr Non-Compliant’, claims court filing
by Gary Dixon on 19 November 2024 at 2:27 pm
Trading and shipowning giant’s former parent company faces Swiss trial on 2 December
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CDB Leasing snaps up Sainty Shipbuilding ultramax resales
by Gary Dixon on 19 November 2024 at 2:19 pm
Chinese financier paying up to $67m for bulkers ordered by Hong Kong’s Smooth Shipping
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Hazard warning: Houthi fighters leave a toxic legacy, warns shipping watchdog
by Paul Peachey on 19 November 2024 at 1:40 pm
IMO chief Arsenio Dominguez says attacks have forced industry to improve its response to geopolitical shocks
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Tankers in for ‘a winter of discontent’ as China reshuffles declining imports
by Matt Coyne on 19 November 2024 at 1:21 pm
World’s largest oil importer is finding new sources for its smaller needs
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Offices raided as MSC, Moby and GNV face competition probe in Italy
by Gary Dixon on 19 November 2024 at 1:13 pm
Regulator says restrictions of competition may have taken place after MSC bought into ropax company
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Supercycles, tariffs and changing trade lanes: Container shipping is adapting to new world order
by Ian Lewis on 19 November 2024 at 12:56 pm
Top liner bosses tell Hong Kong conference how they will prevent a return to dark days for liner sector
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DNB targets fee income growth as it builds on status as shipping’s top M&A advisor
by Jonas Walsgård on 19 November 2024 at 12:27 pm
Bank sees ‘ample growth opportunities’ for takeover of Carnegie
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Turkish start-up enters shipowning scene with order for 12 bulkers at Chinese yard
by Gary Dixon on 19 November 2024 at 11:50 am
Green Era signs for vessels at Chinese maritime equipment conference
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Why following the money, not military action, is likely key to ending Red Sea shipping crisis
by Yannick Guerry on 19 November 2024 at 11:38 am
We reflect on a year that saw a major international waterway shut to western shipping
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Largest-ever batteries installed on a ship show their power during sea trials
by Craig Eason on 19 November 2024 at 11:16 am
Brittany Ferries’ Saint Malo has completed tests with 12 MWh of battery power and LNG fuel
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The terrorist named ‘Rainbow’: Meet the man accused of funding the Houthi war on shipping
by Eric Priante Martin on 19 November 2024 at 11:06 am
Researcher estimates al-Jamal’s network may bring in $4bn in revenue for Yemen-based militant group
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Private equity-backed Premuda extends bulker and tanker sell-off
by Harry Papachristou on 19 November 2024 at 10:23 am
Pillarstone-controlled platform linked to yet another batch of vessel sales
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Asia’s biggest offshore shipowner gets $100m funding pump from Australian state
by Gary Dixon on 19 November 2024 at 10:19 am
Cyan Renewables gets another boost for fleet expansion ambitions
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Damaged bulker accused of dumping potentially explosive cargo in North Sea
by Gary Dixon on 19 November 2024 at 10:05 am
Controversial vessel returns to headlines after temporarily leaving port of Great Yarmouth
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MOL teams with utility on liquefied hydrogen carrier design
by Lucy Hine on 19 November 2024 at 9:39 am
Owner and power generator become first pairing in Japan to tackle marine transport of new fuel
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Greek shipowner Panos Laskaridis makes his largest tanker play with double resale deal
by Harry Papachristou,Irene Ang on 19 November 2024 at 9:31 am
Greek owner’s Laskaridis Shipping has acquired a pair of methanol-ready tankers at Zhoushan Changhong
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Tomini beefs up new chartering arm with high-profile hires as it quits kamsarmax sector
by Jonathan Boonzaier on 19 November 2024 at 9:31 am
Shipowner says Claus Damkjaer and Stjernholm will strengthen its new chartering division
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John Fredriksen-backed Edda Wind banking newbuilding contract and financing
by Jonas Walsgård on 19 November 2024 at 9:24 am
Owner is set to sign charter contract for CSOV
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LNG ships divert to Europe as Gazprom’s OMV supply ban boosts prices
by Gary Dixon on 19 November 2024 at 9:13 am
Kpler tracks at least five vessels switching destinations from Asia
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‘Abnormal’ times: Conflicts and claims prompt NorthStandard to push up premiums
by Paul Peachey on 19 November 2024 at 9:01 am
Second-largest P&I club says claims environment is not unprecedented, but ‘it is nonetheless unusual’
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Hanwha Ocean wins order for two VLGC newbuildings as MOL doubles up
by Irene Ang on 19 November 2024 at 8:51 am
Japanese owner is named as the company behind order
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Houthis: We don’t accept bungs to give ships safe passage
by Paul Peachey on 19 November 2024 at 8:44 am
Rebel groups says it provides safe transit service for ships not linked to Israel and its allies
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Safe Bulkers announces $22m share buyback after profit jump
by Gary Dixon on 19 November 2024 at 8:28 am
Greek owner will look to acquire 4.7% of its equity
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Maersk completes first methanol conversion of large container ship infamous for deadly fire
by Gary Dixon on 19 November 2024 at 8:02 am
The 88-day job is finished at Zhoushan Xinya Shipyard
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Longship lists €60m bond issue in Oslo as newbuilding slate swells
by Gary Dixon on 19 November 2024 at 7:38 am
Netherlands owner taps Norwegian market for new financing
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Potent weapons and threatening emails: How Houthi tactics have evolved during a year of terror
by Paul Peachey on 19 November 2024 at 7:24 am
Attacks have reshaped trade routes and caused death, destruction and disruption
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BW LPG steps up fleet renewal with sale and purchase of VLGCs in deals worth $135m
by Jonas Walsgård on 19 November 2024 at 7:15 am
Five-year-old BW Kizoku replaces 17-year-old BW Cedar
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Steve Kunzer says goodbye to Lila Global after near two-year stint
by Jonathan Boonzaier on 19 November 2024 at 6:22 am
GMS founder Anil Sharma has taken over the running of Dubai shipowner for now
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Taiwan Navigation splashes $78m on ultramax bulker newbuildings in Japan
by Irene Ang on 19 November 2024 at 5:12 am
Shipowner will take delivery in 2028
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Mitsui OSK Lines linked to $245m VLGC order at HD Hyundai Heavy Industries
by Irene Ang on 19 November 2024 at 1:56 am
Japanese company emerges as owner behind dual-fuel duo
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How religion is raising red flags for seafarers in the Red Sea
by Paul Peachey on 19 November 2024 at 1:44 am
Ship manager says few Indian seafarers have declined Red Sea transits in past year
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‘We can’t wait for war to end’: One year on, Galaxy Leader crew languish in Yemen
by Paul Peachey on 18 November 2024 at 10:38 pm
Seafarers from five nations remain hostages after helicopter kidnapping
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Petrobras keeps production forecast unchanged in $111bn investment plan
by Eric Priante Martin on 18 November 2024 at 8:49 pm
Brazilian oil company sticks to production goal of 3.2m bpd
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Harry Vafias’ C3is boosted by gain on warrants and rising aframax tanker rates
by Gary Dixon on 18 November 2024 at 2:46 pm
Greek bulker and tanker owner has a debt-free fleet
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VLCCs keep rolling as Bahri Week gives way to December loading dates
by Matt Coyne on 18 November 2024 at 2:30 pm
Rates made large day-on-day jumps as activity picks up
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Iran’s national shipping company slapped with sanctions amid Russian weapons and ammunition links
by Paul Peachey on 18 November 2024 at 2:17 pm
European bloc accuses shipping line of transporting missile and drone technology to Russia for war against Ukraine
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Beijing plots biofuel blend exports in tonic for tankers
by Gary Dixon on 18 November 2024 at 2:13 pm
Tanker owners could soon be looking at 500,000 tonnes of additional volumes, trading sources say
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Tanker owner Odfjell wins most sustainable company award in home city of Bergen
by Craig Eason on 18 November 2024 at 2:06 pm
Norwegian owner beats other local businesses thanks to ‘holistic approach’ to sustainability
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Capesize spot rates ride six-week peak as owners enjoy bullish run
by Sandra Boga on 18 November 2024 at 1:41 pm
High activity levels noted on Pacific and Brazil-China routes
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Tanker S&P market running dry as buyers unwilling to meet seller demands
by Matt Coyne on 18 November 2024 at 12:38 pm
Asset values remain high and only small ships are changing hands
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New German-Nordic alliance emerges as buyer of TRF product tanker
by Gary Dixon on 18 November 2024 at 12:16 pm
Trio of investors branch out into MR tanker space with acquisition of Chemtrans Mobile
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Hong Kong shipowners Chao, Banga and Koo ready to fight in turbulent world
by Ian Lewis on 18 November 2024 at 11:52 am
Protectionism, decarbonisation and ‘bad movies’ dominate start of Hong Kong Maritime Week
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Russia tipped to close three drone-hit refineries in blow to shadow fleet
by Gary Dixon on 18 November 2024 at 11:24 am
Plants have already either halted processing or are operating at reduced capacity, according to industry sources
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DNV and Seatrium partner for marine and offshore innovation and development
by Jonas Walsgård on 18 November 2024 at 11:14 am
Focus areas include floating offshore wind turbines, hydrogen and ammonia production platforms and FPSOs
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Steal this idea: Wallenius Wilhelmsen hatches plan pricing in alternative fuels and wants you to use it
by Matt Coyne on 18 November 2024 at 11:07 am
Car carrier owner starting with small adjustment to fuel surcharge to ease in change
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Energy shipping marks second-strongest newbuilding year as 2024 hots up
by Gary Dixon on 18 November 2024 at 10:56 am
Clarksons Research tallies 594 vessels contracted so far
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Refinery owner turned shipowner extends supersize ethane carrier series with fresh order
by Irene Ang on 18 November 2024 at 10:25 am
SP Chemicals slated to take delivery of five vessels by 2027
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Tanker tycoon OK Lim sentenced to 17 years in jail over fraud and forgery
by Gary Dixon on 18 November 2024 at 9:23 am
Ocean Tankers founder sentenced following trial in Singapore
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How shipowners and crew can profit from competitive fuel savings. DSF research boss Christopher Rex explains
by Craig Eason on 18 November 2024 at 9:19 am
Shipping needs a structural change to move to the next level of efficiencies, argues Danish Ship Finance innovation guru Rex
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More crude tankers steer clear of Red Sea as Houthis resume attacks, Clarksons says
by Gary Dixon on 18 November 2024 at 8:58 am
Stephen Gordon says company’s base-case scenario assumes disruption continuing into 2026
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Chinese newbuild is first ship to head directly from Pakistan to Bangladesh in decades
by Gary Dixon on 18 November 2024 at 8:19 am
Yuan Xiang Fa Zhan makes modern history with trip to Chittagong
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Iran blasts claim EU is set to sanction container line IRISL with ‘non-existent missile pretext’
by Gary Dixon on 18 November 2024 at 8:05 am
Foreign minister Abbas Araghchi says the move would have no legal, logical or moral basis
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Billionaire investor cleared for takeover of Greek shipping bank as Coustas family’s exit nears
by Harry Papachristou on 18 November 2024 at 7:50 am
Telis Mistakidis passes European Central Bank ‘fit-and-proper’ assessment
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Houthi missiles target bulk carrier twice as Red Sea crisis nears first anniversary
by Harry Papachristou on 18 November 2024 at 7:26 am
Vessel was warned to alter course just minutes before attack
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Cosco teams with commodity trader and Thai conglomerate to secure green methanol for ships
by Irene Ang on 18 November 2024 at 7:23 am
Production base will meet EU standards
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Bosphorus shuts down for four hours on Sunday after rudder fails on tanker with Russian cargo
by Harry Papachristou on 18 November 2024 at 7:13 am
Small Turkish vessel had to be towed to safety after being immobilised in Turkish Straits
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Belships ‘turned the ageing supramax fleet into an opportunity’, says boss Lars Christian Skarsgard
by Holly Birkett on 18 November 2024 at 7:09 am
Ultramax owner has been spending its cash by paying down debt and distributing dividends and has sealed a new newbuilding
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Recyclers race to meet Hong Kong Convention’s 2025 deadline
by Jonathan Boonzaier on 18 November 2024 at 1:39 am
Sector ponders whether it will be able to meet future capacity demand as deadline draws near
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End of days for LNG steamships: SK Shipping breaks cover with unprecedented four-ship scrap deal
by Lucy Hine on 17 November 2024 at 10:03 pm
Owner single-handedly more than doubles sector’s annual recycling tally in one swoop