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UK maritime security and intelligence company Ambrey has appointed a new boss as founder Chris Charnley takes a step back. Former Inchcape Shipping Services chief commercial officer Christopher Crook
Jinhui Shipping and Transportation has acquired an ultramax bulker from Sea 17 Leasing Co. The Oslo and Hong Kong-listed shipowner paid $24.52m for the 61,441-dwt Great Century (built 2017), accordin
An incoming Donald Trump administration will likely focus its shadow fleet enforcement efforts on Venezuela and Iran and go after companies around the world linked to sanctioned crude shipments, accor
Dry-cargo shipbroker Lightship Chartering is targeting the futures sector by launching a specialised derivatives brokerage in London, Dubai and Singapore. Lightship Derivatives will aim to begin brok
New York-listed fund Fortress Transportation and Infrastructure (FTAI) has sold its last two vessels as it focuses on aviation. The company said it will receive about $143m combined for the …
Investors might not be loving Nordic American Tankers at the moment, but Alexander Hansson is. The son of chief executive Herbjorn Hansson grabbed 350,000 more shares in the US-listed, Norway-based …
John Fredriksen is believed to be shaking out a capesize bulk carrier from his private fleet in a deal that would follow three similar sales by his public company Golden …
Hede (Hong Kong) International Shipping has made a clean swoop of charters from the boxship fleet of German owner F Laeisz. The Chinese operator has secured the 2,800-teu Porto (built …
The US Treasury Department has sanctioned 21 ships, including a VLCC that collided with a Hafnia vessel, in the latest effort to put pressure on the dark fleet of tankers …
A Greek suezmax and a huge South Korean boxship have been detained following a collision off Spain. The accident involved the 157,000-dwt tanker Gloria Maris (built 2021), operated by Moundreas …
Crew members have been evacuated from a car carrier that was hit by a fire off Malaysia. The Bernama news agency reported that 19 seafarers were taken off the 1,536-ceu …
The Oslo Bors Shipping Index has fallen almost 20% since a peak at the start of October. But Norwegian retail investors keep buying shipping stocks. Mads Johannesen, investment economist at …
Bulker chartering giant Cargill is making thousands of staff redundant as agricultural commodity prices come under pressure. The company said in a statement that about 5% of jobs will go …
US-listed Performance Shipping has fixed out one of its LR2 tankers over the winter to US oil major ExxonMobil. The Athens-based company said the producer’s shipping division SeaRiver Maritime will …
Peter Twiss has resigned from Enesel Bulk Logistics, the bulker operating platform he established and sold to the Lemos family group. Twiss is understood to have resigned suddenly on Monday …
Greek shipowner George Economou’s TMS Cardiff Gas has moved in on three LNG carrier resales from South Korean shipowner Sinokor Maritime in a deal that could be worth almost $700m …
Norwegian hydrogen fuel cell pioneer Teco 2030 is facing an uncertain future after its production centre at Narvik filed for bankruptcy. The Oslo-listed shipping innovator said in a filing that …
Carbon emissions could drive up a ship’s resale price due to potential FuelEU Maritime fines for non-compliance, says DNV’s regional business director Lukasz Luwanski. “One fascinating thing I picked
It’s the time of the year again and Eastern Pacific Shipping has kicked off the festive celebrations with a reception at its newly furnished mezzanine level on the 38th floor …
A joint venture of Seattle-based SSA Marine and Chile’s SAAM has secured a five-year extension of its contract to run Chile’s busiest container terminal. San Antonio Terminal Internacional (STI) said
