Pan Ocean product tanker sales highlight drastic decline in vessel values for sector
The 2006-built Grand Ace1 is one of two MR2 product tanker reportedly sold by Pan Ocean. Photo: V.Tonic/Marine Traffic
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The 2006-built Grand Ace1 is one of two MR2 product tanker reportedly sold by Pan Ocean. Photo: V.Tonic/Marine Traffic
Loukas Barmparis is president of Safe Bulkers, an owner of more than 50 bulkers in the water or under construction. Photo: Capital Link
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Rodolphe Saade, chairman and CEO of the CMA CGM Group, described the market as “stable” despite “uncertainties”. Photo: Sikarin Fon Thanachaiary/World Economic Forum
Windward blamed two circular patterns of ship location signals over the Baltic Sea on GPS jamming during the Iran-Israel conflict. Photo: Windward
UK-funded Hydrogen Highway project identified as using old oil and gas rigs as hydrogen generation platforms could halve green hydrogen production costs. Photo: Rocky Kneten (713-254-0524)
Royal Caribbean shares plunge even after earnings beat Wall Street estimates Investors believed to be concerned about cruise giant’s guidance on key financial metric: net yield
Shipping groups write to two presidents to voice concerns over carbon tax efforts in Africa Coalition of industry associations send letters to presidents of Djibouti and Gabon
Clarity on trade relations between the US, EU and Japan is good news for container shipping, Omar Nokta said. Photo: Scanpix
Danaos adds container ship newbuilding to 16-strong orderbook in China US-listed container and bulker company is said to be paying about $70m for a single post-panamax boxship
Trafigura global head of shipping Andrea Olivi said the new agreement with K-SURE will enable the company to work more closely with South Korean shipping companies. Photo: Helle Moos/GMF/CC BY-ND …
UK-funded Hydrogen Highway project identified as using old oil and gas rigs as hydrogen generation platforms could halve green hydrogen production costs. Photo: Rocky Kneten (713-254-0524)
Nakilat hunts ‘innovative financing’ to reduce funding costs Gas shipowner nudges up first-half profit as it gears up to take in LNG newbuilding haul
MR tanker rates rise as activity picks up Spot rates jump by nearly one-third in a week, according to Jefferies figures
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Hong Kong bulker giant Pacific Basin Shipping plots how to navigate Trump’s port fees Bulker owner-operator may reflag vessels as part of efforts to meet new US rules
Surviving crew from Cosmoship Management’s 36,800-dwt Eternity C (built 2012) are pictured in a video released by Houthis on Monday and posted on X (formerly Twitter). The crew are being …
A crew said to be from cargo ship Eternity C is seen at sea during a rescue operation off Yemen. Photo: Scanpix
Simon Liang of SinoPacific Engineering & Construction Co at the launch ceremony at CIMC SOE. Photo: Irene Ang
Psychosis, horror and guilt: How the war in Ukraine is taking its toll on seafarers Psychologist Alex Dimitrevich tells TradeWinds how crew members are suffering as the conflict drags on