10000 results
Shipping investor Tor Olav Troim has doubled his stake in Norwegian chemical tanker group Stolt-Nielsen. A filing to the Oslo Stock Exchange shows that the backer of Golar LNG and …
Forgive me for saying this, but shipowners can be outright hypocrites. This is especially the case when it comes to recycling their end-of-life ships. TradeWinds Asia bureau chief Jonathan Boonzaier
Idan Ofer’s Quantum Pacific Group has completed the acquisition of Oaktree Capital Management-owned Fleetscape Capital. It has set up Dynamis Capital in Singapore to takeover the more than 20 vessels
Dubai-based Friends Shipping has sold a handysize bulker carrier for recycling in India. The 18,500 dwt Boss 7 (built 1996) was sold to an Indian ship recycling facility at $473 …
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 …
Two prominent shipbuilding figures are said to be under investigation by the Chinese Communist Party amid Beijing’s ongoing clampdown on graft. Several shipbuilding sources have told TradeWinds that
Shipping giant Mitsui OSK Lines has pivoted its fuel choice from LNG to ammonia for its latest newcastlemax bulk carriers ordered in China. The Japanese owner is said to have …
Wallenius Wilhelmsen’s US-flag unit has swapped in a newer vessel into one of its slots in the US Maritime Security Program. American Roll-On, Roll-Off Carrier (ARC) said the 7,934-ceu pure …
Two separate and adversarial law firms are fighting in New York federal court over the right to represents reorganised Eletson Holdings following its emergence from Chapter 11 bankruptcy organisation.
Oil companies BP and PTT jumped into the VLCC spot market for two straight days that saw them benefit from declining rates that have hit the lowest level since December. …
Investors might not be loving Nordic American Tankers (NAT) at the moment, but chief executive Herbjorn Hansson and his son are. Alexander Hansson, the son of the CEO, grabbed 350,000 …
MAN Energy Solutions has reemphasised its support for shipowners who have ordered gas carriers with its troubled ME-GA engines. The engine developer launched the ME-GA dual-fuelled engine in 2019. It
Bulker rates are dropping fast, with a lengthening list of empty ships pushing all sizes to fresh lows for 2024. The Baltic Exchange Dry Index (BDI) fell to 1,180 on …
New York-listed Global Ship Lease (GSL) has confirmed its first big container ship purchase of the year. The Greek tonnage provider has lined 10-year financing to complete the $274m purchase …
Worsening market sentiment is not discouraging determined buyers from pouncing on mid-aged capesizes offered by sellers shaking off tonnage as values slide. At least 10 such vessels have changed hand
The sweeping sanctions issued by the US on Tuesday have more than wiped out the 2025 VLCC orderbook, Fearnleys analysts say. Fredrik Dybwad and Nils Thommesen said the blacklisting of …
Tycoon Kjell Inge Rokke’s Akastor has revealed a lucrative new offshore ship charter with Norwegian oil major Equinor. Its joint venture AKOFS Offshore will keep the 157-loa well intervention ship …
Worsening market sentiment is not discouraging determined buyers from pouncing on mid-aged capesizes offered by sellers shaking off tonnage as values slide. At least 10 such vessels have changed hand
Hede (Hong Kong) International Shipping has made a clean sweep of charters from the boxship fleet of German owner F Laeisz. The Chinese operator has secured the 2,800-teu Porto (built …
A Gabon-flagged aframax carrying Russian crude is avoiding the English Channel after being sanctioned by the UK last month. Bloomberg reported the 105,000-dwt Attica (built 2010) is taking the longer
