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Yemen's Houthi rebels fired on Sunday several missiles and drones against two US Navy destroyers and three US supply ships transiting the Gulf of Aden. The renewed, massive Houthi attack …
New Dayang Shipbuilding has struck a deal with Taiwanese leasing company Chailease Holding for two ultramax bulk carrier newbuildings at $35m apiece. The two 64,000-dwt ships are believed to be …
Argentinian energy company Pampa Energia is joining a floating LNG (FLNG) production project in Argentina which has been put together by a pairing of Golar LNG and Pan American Energy. …
Ship recycling has always been a delicate balancing act for those involved in the complex business of disposing of end-of-life vessels. It is a volume-driven business where margins are often …
China’s Chun An Shipping has signed what is thought to be its first-ever newbuilding order to renew its fleet. Brokers said the Dalian-based operation has contracted two 40,400-dwt handymax bulkers …
Shipowner Idan Ofer has opened a new office in China as his fleet expands, with Shanghai becoming its fourth commercial hub alongside Singapore, London and Tokyo. Chief executive Cyril Decau …
Houthi leadership said on Sunday it fired 16 missiles and one drone against one unnamed US destroyer and three vessels it described as “supply ships linked to the American Army”. …
Houthi leadership said on Sunday it fired 16 missiles and one drone against one unnamed US destroyer and three vessels it described as “supply ships linked to the American Army”. …
In this episode: We look at what Frontline had to say about its third-quarter results and what this tells us about the prospects of the tanker markets. And we delve …
Despite receding kamsarmax values, Greek player Cosmoship Management has squeezed out a profit from the sale of a Chinese-built unit it acquired two years ago, when prices were even softer. …
Herbjorn Hansson’s Nordic American Tankers has an eye on fleet expansion after reporting an improved third-quarter performance. New York-listed NAT locked in contracts worth $125m in the quarter and
In this episode: We look what Frontline had to say about its third quarter results and what this tells us about the prospects of the tanker markets. And we delve …
A massively delayed ferry for Scotland’s CalMac at the centre of huge political row has taken on its first LNG bunkers. The LNG-fuelled 7,040-gt Glen Sannox (built 2024), one of …
Gail (India) has signed a long-term time charter with K Line’s Singapore arm for an LNG carrier newbuilding ordered by the Japanese owner in the first deal between the two …
Independent Chinese refiners are turning away from Iranian oil imports, potentially boosting tonne-miles for mainstream crude tankers. Traders told Bloomberg that the private “teapot” plants are look
Suezmax rates jumped this week, with big gains cascading through the market. Clarksons’ fleet weighted average for the vessels jumped 4.8% week on week, hitting $34,300 per day, with the …
Sweden’s Sirius Shipping has returned to China for more energy-efficient tanker newbuildings. The company said it had placed an order for four 7,999-dwt product and chemical carriers at China Merchan
With bulker prices receding from the multi-year highs, an increasing number of Greek buyers are coming forward to swoop on coveted kamsarmax tonnage. Hellenic interests have been linked to several …
Producer and shipowner China National Petroleum Corp (CNPC) has become the latest operator to seal a rare new order for a platform supply vessel. No such ships were ordered for …
Now in its 40th year, Germany’s Briese Schiffahrt is halfway through a massive newbuilding programme comprising more than 60 ships. That is all part of a plan to modernise the …
