Singapore shipowner Jaldhi Overseas pivots to add $240m VLAC duo in China
Suresh Kumar-led company opts to go big with very large ammonia carriers
Navigator shifts ships to spot market to grab strong rates after record second quarter
Spot rates soften in third quarter but executives optimistic that strong trends will continue
US sanctions VLGC quartet for aiding Hezbollah as more blacklistings target Houthi network
Ships in the fleet of Kai Heng Long targetted for aiding Lebanese terrorist group
Fredriksen’s Avance Gas trumpets $315m profit from sale of fleet to BW LPG
More upside ahead as Avance holds onto ships for the rest of 2024
Bengal Tiger Line golf masters to live on despite departure of CEO Bill Smart
Hectic containership markets fail to keep industry players away from top industry get together
Ørsted Pulls Plug on Shipping E-Methanol Fuel Project Citing Slower Demand
Renewable energy giant Ørsted further highlighted the problems in the nascent sustainable fuel market for the shipping industry highlighting that…
Two Floating Armories Report Run-Ins With Houthis, Including an Attack
Private maritime security guards play an important role in defending merchant ships from Houthi rebel attacks in the Red Sea,…
Trafigura: Red Sea Diversions Increase Fuel Burn By 500,000 Barrels a Day
Yemen’s Houthi rebels have been attacking merchant shipping in the Red Sea for months, and while the world’s attention is…
Crowley Starts Salem Wind Port Project as Massachusetts Expands Wind Ports
Massachusetts is pushing forward with plans to expand its wind port capacities both to support the state’s renewable energy plans…
Serbia Begins Raising a Fleet of Sunken Nazi Patrol Boats From Danube
The government of Serbia has begun a large-scale salvage project to raise and remove a fleet of Nazi vessels that…