Trader Mercuria extends newbuilding push with product tanker pair
Order is the trader’s second new vessel contract this year
Solstad Offshore offering minority shareholders a way out after share issue
Company will launch offer to mop up small holdings in shipowning entity Solstad Maritime
Obstacles ‘lurk beneath the surface’ for LNG market, says importers association
Global trade inched forward in 2023 as fleet closes on 800-vessel mark
Notorious Russian oil transfer hotspot nixed for a further six weeks
Greek Navy exercises in Laconian Gulf extended to July in blow to illicit ship-to-ship transfers
Beware of excessive optimism, Evangelos Marinakis warns Posidonia
Bosses tell TradeWinds Shipowners Forum to be on the lookout for ‘black swan’ events that could derail tanker boom
Sharp increase in seafarer fatalities from enclosed space ‘death traps’
InterManager calls for fundamental rethink of regulations and practices while working in enclosed spaces
Price pressure pushing shipowners back to conventional fuelled newbuildings
Top bankers say shipowners are being put off paying up for next-generation fuel options
Container market turn could keep capacity tight until October
The strength of bookings over the past month has surprised container lines executives, even when factoring some front-loading and replenishing…
‘Highest bidder’ winning on Asia-Europe ocean trade as space, equipment shortages deepen
European importers are facing pandemic-era port congestion and soaring rate levels, with only the resumption of regular vessel transits through…
US LNG exports rise in May as Freeport LNG returns to production
U.S. exports of liquefied natural gas (LNG) rebounded in May as Freeport LNG, the country’s second-largest exporter of the superchilled…