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Hi, The boxship Maersk Halifax has now been lengthened and converted to run on methanol as well as diesel. It took 88 days in a Chinese repair yard with MAN …
Human error has been a feature of most of the large insurance claims in 2024, raising concerns about the extra pressure on seafarers working longer on bigger fleets and extended …
Subsea 7 is expecting full-year revenue to come in on the higher end of its range as work hums along on various projects. The Kristian Siem-backed company reported a $98m …
The Rem Offshore, Myklebust Verft and DeepOcean teams celebrate the contract signing. Rem Offshore chairman and founder Age Remoy is front and centre, with CEO Lars Conradi Andersen front right. …
SFL Corp was raised to buy from hold by Fearnley Securities in a fresh note. The share target price was lowered to $13 from $14. Fearnleys said the dividend story …
Idan Ofer’s Cool Company has obtained commercial bank approval for a refinancing of its existing $570m bank facility. The refinancing into a revolving credit facility will provide approximately $120m
Danish family-owned Bunker Holding Group has just chartered in its first LNG bunker vessel. It will likely soon have several more, and other vessels needed to bunker incoming alternative fuels, …
Hainan-based bulker company Yangpu Zhongxin Shipping is diversifying into the tanker sector with orders for two medium-range (MR) product tankers at Jiangsu Dayang Offshore Equipment Co. The order, w
Euroseas said it ordered two container ships in China as the New York-listed company reported earnings that beat all bets on Wall Street. The Athens-based shipowner said it struck a …
Singapore’s Eastern Pacific Shipping is believed to have continued its drive into the car carrier market. Shipbuilding sources said the company had added six more LNG dual-fuelled 5,500-ceu pure car/
The newly announced chief executive of tanker owner Eletson Holdings, which just emerged from Chapter 11 bankruptcy organisation, is also an executive of businesses related to Canadian hedge fund Murc
America’s top defence official said the Houthis now see themselves as less subordinate to Iran. The comments from defence secretary Lloyd Austin came just a day after the one-year anniversary …
Norwegian shipowner J Ludwig Mowinckels Rederi (JL Mowinckels) is taking aim at the ultramax sector with a new order in China. Chief executive Geir Belsnes told TradeWinds that the company …
Management of Israeli liner company Zim are ready to face whatever changes may be coming starting in 2025 under the second presidential term of US President Donald Trump. What those …
Singapore manager Synergy Marine Group is part of a group boosting seafarer well-being through the introduction of autonomous vegetable growing technology on ships. Synergy, Idan Ofer’s Eastern Pacif
Shares of Israeli liner company Zim surged about 9% in pre-market trading in New York on Wednesday after it smashed analyst earnings expectations and raised its guidance on full-year earnings. …
Helikon Shipping Enterprises, a traditional shipping firm with offices in Athens, London and Dalian, has agreed to offload two of its oldest supramaxes to make space for a batch of …
Sales of smaller tankers continue to keep brokers in employment amid a dearth of deals for larger ships. But prices appear to be falling fast, according to European brokers. The …
China’s Ningbo Ocean Shipping is more than doubling its bulker fleet with a new ultramax order. The shipowner, better known for its container ships, has picked domestic yard Jiangsu Haitong …
Tanker rates are building momentum, but a policy change in China could take a toll. There were big gains on the North Sea to UK/Continental Europe aframax route on Wednesday, …
