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It started with an Apocalypse Now-style attack on the Galaxy Leader, with Houthi commandoes swooping on the hapless car carrier in the Red Sea on 19 November 2023. A year …
A previously unknown Turkish company has signed up for 12 new bulkers in China. Shipbuilder Fujian Lixin Marine Engineering said Green Era Shipping has contracted six 4,300-dwt vessels and six …
DNB aims to increase revenue from commissions and fees in the coming years, the bank said on its capital markets day in London. A major part of the fees will …
Mitsui OSK Lines has paired up with Japanese utility the Kansai Electric Power Co to work on the design of a liquefied hydrogen (LH 2 ) carrier. The Japanese shipowner …
When the US issues sanctions against the Houthis for their menacing of shipping, there is one name that is mentioned more than any other. And it’s a name that the …
Sea trials, including full load testing of the biggest marine batteries installed on a ship, have been completed for a new Brittany Ferries vessel. The 30,000-gt Saint Malo (built 2024) …
The controversy over a damaged bulker carrying a potentially explosive cargo continues to create a media storm after a UK council said the ship had dumped some of the ammonium …
Asia’s largest offshore support vessel company has won more new investment as it expands its fleet. Australia’s TCorp said it has pumped more than $100m into Singapore’s Cyan Renewables, and …
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 Houthi rebel group has denied claims in a UN report that it has collected $180m a month in illegal fees from shipping companies to allow safe passage through the …
Hanwha Ocean has secured an order for two VLGC newbuildings worth KRW 333 bn ($240m) or $120m per ship. The South Korean shipbuilder announced on Monday that an Asia-based company …
NorthStandard will push for a 5% increase in premiums for protection and indemnity renewals in 2025 after recording an underwriting deficit due to a surge in major claims of more …
At least five LNG carriers have diverted from Asia to Europe as gas prices rose on the back of Russia’s Gazprom halting supplies to OMV in Austria. The benchmark front-month …
Edda Wind, a shipping venture backed by John Fredriksen and the Wilhelmsen family, is closing in on a contract for one of its newbuildings with financing for the unit now …
Dubai-based bulker company Tomini Shipping is reported by brokers as exiting the kamsarax bulker sector with the sale of its last of the type. Meanwhile, the company has revealed two …
Laskaridis Shipping, a traditional bulker and reefer firm controlled by outspoken Greek owner Panos Laskaridis, is making its most significant investment in the tanker sector yet, pouncing on MR2 resa
Japan’s Mitsui OSK Lines has paired up with domestic utility The Kansai Electric Power Co to work on the design of a liquefied hydrogen (LH 2 ) carrier. The shipowner …
Netherlands owner Longship Group has listed its upsized €60m ($63.5m) debut bond issue on the Oslo Stock Exchange. The Groningen-based owner sold €40m of bonds in an Oslo debut in …
Denmark’s AP Moller-Maersk has carried out the first conversion of a large boxship to run on methanol. The 15,226-teu Maersk Halifax (built 2017) is now a dual-fuel vessel after 88 …
New York-listed Safe Bulkers is launching another stock buyback to return cash to investors. The Greek company has authorised a programme under which it may from time to time repurchase …
