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A weak winter market has analysts downbeat on John Fredriksen’s tanker and bulker outfits. ABG Sundal Collier analyst Petter Haugen noted on Tuesday that consensus fourth-quarter Ebitda for tanker ow
Cadeler chief executive Mikkel Gleerup believes more tie-ups are possible in the niche but lucrative wind turbine installation vessel (WTIV) sector. “I would not be surprised if there was further …
The sale of a second elderly VLCC has been reported in a busier secondhand tanker market this week, although prices are still falling. Greek broker Xclusiv said: “The recent period …
Donald Trump has announced most of his cabinet picks, bringing in expected names but also some whose potential impact and interest in shipping are unclear. The US President-elect aims to …
A call to action has been issued by shipping players at Cop29 demanding greater efforts to build up green hydrogen-based fuels for the shipping industry. It came from the halls …
A rare VLCC scrapping deal could see more of the ships headed to the breakers, Tankers International said. The pool noted on Tuesday that an unspecified 2000-built vessel is set …
The Swedish government wants a Chinese bulker to return to its waters as part of a probe into damage to two fibre-optic subsea cables last week. The 75,100-dwt Yi Peng …
Joint venture Northern Lights’s first liquefied CO 2 carrier newbuilding is set for delivery by Dalian Shipbuilding Industry Co (DSIC) in China. A spokesperson for Northern Lights, which is a …
Serial capesize buyer Hayfin Capital Management appears to have returned to the secondhand market to acquire its fifth and sixth vessels this year, this time from Norden. The London-based alternative
Elizabeth Chan, chief executive of Chinese startup Neptune Robotics, knows a thing or two about leading a rapidly growing business in a highly competitive market. There are about a dozen …
Argentina’s YPF is to team up with rival gas developers Pan American Energy Group and its partner Golar LNG on their floating LNG production project. YPF executive chairman Horacio Marin …
Danish tanker and bulker owner Norden has clinched an agreement with Mark Zuckerberg’s Meta group to use sustainable maritime fuels in its supply chain. The operator said the owner of …
The pace of secondhand bulker transactions quickened markedly over the past few days, with brokers attributing the increasing number of deals to weaker freight market conditions and softer ship values
Idan Ofer is set to exit his investment in container line Zim in a move that will capture a substantial profit for the shipowner and investor. Ofer has hired two …
Shipowner Navibulgar has extended its bulker orderbook with six more handysize vessels, sources say. The company is said to have inked two sets of newbuildings at Yangzijiang Shipbuilding worth over
Oslo-listed feeder player MPC Container Ships (MPCC) has seen profit shaved in the third quarter by lower freight rates. Net earnings were $63.7m to 30 September, versus $68.2m in the …
Clarksons Research has some sobering news for a tanker market yet to see a real boost from winter oil demand. Peering into its crystal ball, the UK group is positive …
A 29-year-old steam turbine-driven LNG carrier has been put up for sale, as the number of vintage vessels being floated on the market climbs in a crushingly low rate environment. …
Awilco’s Integrated Wind Solutions has nearly built out its entire fleet. The Oslo-listed company’s shipowning arm, IWS Fleet, brought in €8m ($8.4m) in the third quarter, up from €100,000 for …
Argentina’s YPF is to team up with rival gas developers Pan American Energy Group and its partner Golar LNG on their floating LNG production project. YPF executive chairman Horacio Marin …
