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Egyptian Natural Gas Holding Co (EGAS) has signed a deal with US-listed New Fortress Energy to lease what will become the country’s second floating storage and regasification unit. EGAS said …
More charges and victims have emerged in the case of a Norwegian shipping executive who has admitted to secretly filing colleagues in a bathroom. John Anders Lindtveit Rose, 37, was …
Singapore VLGC owner Petredec is selling its controlling stake in LPG trader and vessel operator Carib LPG. The shipping company said it is exiting the business it co-founded in 1990. …
Captain Avhilash Rawat has recounted how he and his crew battled to save a JP Morgan-linked tanker, the Marlin Luanda, after one of the most high-profile Houthi attacks of this …
Russia’s Ingosstrakh insists it does not insure vessels sanctioned by Western nations and claims it has cancelled or denied coverage for more than 100 ships since 2020. In a staunch …
A Greek aframax is carrying a licenced cargo of Venezuelan crude to Italy as the country’s oil exports increase. Oil analytics company Kpler said the 113,000-dwt Green Aura (built 2014) …
Norway’s Hoegh Evi has formally handed over the ownership of the floating storage and regasification unit Independence (built 2014) to Lithuania’s KN Energies after it exercised its option to purchase
A crude cargo has been removed from the Greek tanker Sounion more than three months after a devastating attack from Houthi rebels in the Red Sea. Oil consultancy Kpler and …
Hoegh Autoliners has inked another long-term contract, further packing its contract backlog with eye-watering rates. The Oslo car carrier owner said on Friday that it had signed a five-year deal …
Norway’s Hoegh Evi has formally handed over the ownership of the floating storage and regasification unit Independence (built 2014) to Lithuania’s KN Energies after it exercised its option to purchase
Israeli billionaire Idan Ofer has sold 5.7m more shares in New York-listed liner operator Zim and for the first time taken his holding below 10% of the public company. The …
Captain Avhilash Rawat has recounted how he and his crew battled to save a JPMorgan-linked tanker Marlin Luanda after one of the most high-profile Houthi attacks of this year. The …
Henrik Madsen, the former CEO of DNV, has retained a taste for shipping even in his so-called retirement. More than a decade after orchestrating the merger of the Norwegian class …
Arkas Group said the discovery of cocaine on one of its ships highlights the challenge that the international drugs trade poses to the shipping industry. The statement from the parent …
New York-listed International Seaways is on the verge of an innovative tankers swap with South Korean shipowner Sinokor Merchant Marine, market sources said. Brokers on both sides of the Atlantic …
Hi. There are some really interesting developments this week and next from the technical corners of the shipping world. Below are a few stories we sent to subscribers of the …
The Maryland state government has filed papers asking a US judge for permission to sue the owner and operator of the Dali outside of proceedings that limit their liability in …
The latest period charter announced on Thursday by bulker stalwart Diana Shipping is in line with the deteriorating trends observed in the market. The Athens-based owner of about 40 vessels …
Venezuela is defying US sanctions to ship increasing amounts of oil as exports head towards 1m barrels per day (bpd). This is according to tanker movements tracked by Reuters. These …
People tend to listen when Mark Friedman of New York investment bank Evercore speaks on merger-and-acquisition issues. For one thing, he has been around shipping consolidation deals for decades, work
