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A trio of Russian shadow LNG carriers apparently remain idle with cargoes on board off the country’s Far East coast. One of the ships has changed its name to that …
Bearish sentiment abounds for car carrier stocks, but Veson Nautical views things differently. Andrea De Luca, an analyst at the optimisation platform, said that despite European Union tariffs on Chi
VLGC spot rates seem set to hold onto recent striking gains as tonnage stays tight for January fixtures, brokers and analysts said. The Baltic Exchange assessed Middle East to Asia …
George Procopiou’s Sea Traders, is exiting the container ship sector by selling its last cellular vessel. The 5,100-teu Sofia I (built 2010) is reported sold to Chinese buyer for about …
Danish product tanker owner Torm has reportedly sold one of its oldest vessels. According to broker reports, Torm sold the 47,000-dwt Torm Republican (built 2006) for $18.8m. The company declined …
A trio of Russian shadow LNG carriers remain apparently idle with cargoes onboard off the country’s Far East coast. One of the ships has swapped its name to that of …
VLCC spot rates have hit a new low for 2024 as stable period charter rates prompted analysts to hold firm to a belief in an upside for owners’ share price. …
The European Union has blacklisted 52 more ships involved in shipping oil, arms and grain in its latest package targeting Russia. The measures announced on Monday are included in the …
The US could impose fresh sanctions on the Russian shadow fleet in the final weeks of Joe Biden’s administration. Treasury Secretary Janet Yellen told Reuters that the US could also …
Bulker owner Taylor Maritime Investments (TMI) is changing its name and adding new directors as part of a switch of its London Stock Exchange listing. The Ed Buttery-led handysize specialist …
Shipping’s sale-and-purchase market has enjoyed a strong 12 months as volumes approach 2,000 ships, Clarksons Research said. “As the year draws to a close, volume totals show that 2024 has …
State-run Ukrainian Danube Shipping Co (UDP) has failed to sell a set of unprofitable, small and ageing ships it wanted rid of. An auction scheduled for 13 December was cancelled …
Norwegian investor and shipowner Arne Fredly has sold out of domestic VLCC shipping company Hunter Group for the second time. Fredly was previously a director and the largest shareholder of …
A floating storage and regasification unit destined for deployment in Cyprus has finally left the Chinese shipyard where it was converted but the receiving facilities for vessel are still not …
Being asked whether you shop at Lidl is not a question shipping journalists regularly face. But then Christian Stangl — global head of transportation of the German supermarket chain — …
The US and China are taking delivery of their first imports of crude from an Iraqi oil field that resumed production last year Oil analytics firm Kpler said China will …
Wallenius Wilhelmsen is looking forward to an even better 2025 despite the car carrier market’s shifting fundamentals. The Oslo-listed owner and operator said Ebitda in 2024 will come in between …
Greek authorities have deployed or put about 20 commercial ships on standby to help bring to safety more than 200 people in distress amid a flare-up of Europe’s migrant crisis …
Pakistan is back in the business of building cargo ships after a gap of more than 40 years. The country’s Special Investment Facilitation Council (SIFC) said it had played a …
A supramax bulk carrier that was the subject of a deadly attack by the Houthis earlier this year has been reported by brokers as sold for recycling on an as-is …
