Exxon and Chevron see promise in Venezuela, but obstacles remain
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Wuhu Shipyard seeks to revive Rongsheng’s mothballed dry docks with big bulker ambitions
The Chinese shipyard is said to have inked letters of intent for newcastlemax bulk carriers
Vintage Greek bulkers fly off the shelf as buyers lap up ships for further trading
Even vessels nearing the fourth decade of their life are in hot demand, particularly in the Far East
Samsung Heavy Industries fourth-quarter profit surge caps strongest year in a decade
Offshore execution and merchant ship margins lift earnings as US cooperation theme gathers pace
Trafigura triumphs in multi-million dollar fake cargo fraud trial
Trader had sued businessman Prateek Gupta in London over ‘Ponzi scheme’
MOL raises 2025 profit forecast amid port fee suspension boost
Suspension of USTR port fees gives MOL’s tanker business a boost
Wealth Holdings orders up to eight newbuildings for Norden contracts
The MPP newbuildings order spree involved four firm vessels plus option for additinal four ships