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A Chinese bulker believed to have caused damage to two international, underwater telecom cables in the Baltic Sea earlier this week stopped off Denmark, possibly on orders of local authorities …
For the second time in his two terms as president, Donald Trump has tapped a top name in shipping investment to head the US Commerce Department. Cantor Fitzgerald chief executive …
Tanker owner Eletson Holdings has emerged from bankruptcy protection in New York with a restructuring plan backstopped by an affiliate of Canadian hedge fund Murchison. The restructured company said
A campaign focused on the shipping emissions of retail brands has found that at least four major companies are “at risk of failure” when it reports its next report card. …
Star Bulk Carriers has reported a surge in quarterly earnings as the New York-listed shipowner also disclosed a new deal to finance its orderbook. The Petros Pappas-led company, the biggest …
Ocean Yield reported a larger third-quarter profit as the Oslo-listed financial leasing house also disclosed the sale of six ships through purchase options. The company also said it secured all …
Yemen’s Houthi rebels formally assumed responsibility on Tuesday for a missile attack against a Turkish-managed bulker the day before. The 52,200-dwt Anadolu S (built 2014) was targeted because it “d
BW LPG’s sale of an older VLGC illustrates firming asset values in what is a weaker rate environment, analysts say. The New York and Oslo-listed company announced that its 52% …
Germany’s mechanical industry association VDMA, has dropped its full German name, opened offices in other European countries and launched a dedicated maritime platform to represent marine technology c
EuroDry slid further into the red in the third quarter as it opted to send vessels into dry dock while waiting for the market to gather strength. The Nasdaq-listed owner …
First, he dismissed a class action lawsuit against Top Ships. Then he delivered the same victory to the former DryShips. Now, a US federal judge has asked why he should …
Premuda, the Italian shipowner, is increasingly active in selling assets. TradeWinds reported last month how a trio of Premuda vessels — two product tankers and a kamsarmax bulker — were …
The first year of the Red Sea crisis has left a legacy of navigational and environmental hazards that can only be resolved when tensions ease, the secretary general of the …
China Development Bank Financial Leasing (CDB Financial Leasing) has added to its leased fleet with a deal for ultramax resales. The company said in a statement that it has agreed …
A Swiss court document has revealed the first details of allegedly corrupt payments made by Trafigura in Angola to secure favourable ship charters. The trading and shipowning giant is accused …
An LNG carrier has berthed at US producer Venture Global LNG’s second and under-commissioning liquefaction plant indicating it is likely close to starting exports with a first cargo. Kpler data …
There is no going back to the old days of container shipping after four years of boom, a conference in Hong Kong heard today. Yet the industry faces a need …
MSC Mediterranean Shipping Co and two Italian ropax companies are facing a competition probe over routes to major islands. Italian antitrust regulator AGCM said in a statement that restrictions of …
Do not expect the tanker market to heat up thanks to a cold front on its way from China. The northern hemisphere winter typically means a stronger market for the …
Clarksons Research has tracked even more vessels avoiding the Red Sea in October due to Houthi attacks. The figures were released just as the Yemeni militia began to target vessels …
