Western Bulk banks big profit after flipping ultramax in deal with Japanese shipowner
Operator said deal displays its ‘commercial acumen’
John Fredriksen builds DOF Group stake to $141m ahead of Maersk Supply takeover
Tycoon’s investment in offshore vessel owner’s private placement lifts him above Bank of New York Mellon
Reborn shipyard Hengli Heavy banks $1.3bn from parent to fuel expansion efforts
Shipbuilding and steel processing capacity to be expanded after order streak
Attacks in vital shipping waterway slashed and raiders left empty-handed
In the majority of incidents, crew were uninjured with perpetrators escaping empty-handed
New container shipping boom promises to push Hapag-Lloyd operating profit over €2bn
World’s fifth largest liner carrier profits as high as $4.6bn on strong demand
TRF selldown extends with disposal of product tanker pair
Reported sales brings deal total to 12 over last 10 months
Saverys family orders sixth hydrogen powered offshore wind vessel
Deal completes series of newbuildings due from 2025
Braemar boss James Gundy sitting on £2.6m stake after share award
CEO sells some vested stock to meet tax liabilities under bonus plan
Evangelos Marinakis adds $1.25bn container ship order to huge newbuilding drive
Deal marks the first time Capital Maritime has ordered boxships in China
Report: Turbine Generator Damage is Slowing Down U.S. Carrier Refits
Carriers are the U.S. Navy’s most in-demand asset, and the Pentagon often has to make hard choices about whether to…