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Tanker owners seeking to sell ships have had to lower their asking prices in a sluggish secondhand market. Brokers report just one tanker sold in the past week, as weaker-than-expected …
Chinese shipping start-up Jiada New Energy has signed up for a series of hybrid general cargo ships at domestic Huanghai Shipbuilding. No price or delivery date was given by the …
Greek container tonnage provider Contships Management is profiting on the strong container ship market with further vessel sales and a pair of lucrative charters. The Nikolas Pateras-controlled compa
Norden could be able to close the gap between its share price and its net asset value by selling vessels, according to Clarksons Securities. The investment bank pegs the Danish …
Norway’s Hoegh Autoliners has joined forces with Australian miner and bulker owner Fortescue to accelerate the creation of a supply chain for green ammonia. The partners signed a cooperation agreemen
A trawler skipper has been fined in the Netherlands after he left his post to go to the toilet moments before his boat hit a tanker. The accident involving the …
Competition is still fierce to secure the best seafarers, according to Danica Crewing Specialists. But its latest survey on pay and conditions shows that wages are rising more slowly than …
VLCC owners have been enjoying a new source of demand in China after the opening of the independent Shandong Yulong refinery. The 400,000 barrel per day plant received its first …
The master of a ship transiting the Red Sea has reported multiple explosions nearby in the latest apparent attack by the Houthi militant group. The unnamed vessel was 70 nautical …
Italy’s d’Amico International Shipping (DIS) is seeking more term charter deals for its product carriers. But chief executive Carlos Balestra di Mottola admits that finding an attractive rate is not
Italy’s d’Amico International Shipping (DIS) is not expecting any short-term effects from the US presidential election. But chief executive Carlos Balestra di Mottola believes the return of Donald Tr
Shipping’s next environmental regulation is just around the corner and it’s a “monster”, according to Bernhard Schulte Shipmanagement (BSM) chief executive Ian Beveridge. The European Union’s FuelEU
Four major shipbrokers are pushing a new initiative to boost the contribution from the dry cargo business to Mercy Ships’ famous Cargo Day. Brokers from the Geneva offices of Clarksons, …
Himalaya Shipping’s chairman Bjorn Isaksen has agreed to buy more shares in the company from Tor Olav Troim’s Drew Holdings. Isaksen will purchase 200,000 shares in Himalaya for settlement on …
Protection and indemnity provider Skuld is aiming to boost premium income by 5% in 2025 after reporting increased costs because of the “increasing complexity” of global insurance. The Norwegian club
John Fredriksen-controlled Flex LNG plans to offer a redelivering LNG carrier for charter from the end of the first quarter of 2025 after the vessel’s charterer decided not to take …
Norsepower has been something of a poster child for the fledgling wind propulsion market, a technology that makes heady promises about using wind to create thrust to allow vessels to …
Brazilian state-owned oil and gas giant Petrobras is seeking to charter a series of new suezmax dynamic positioning (DP2) shuttle tankers. Shipbuilding sources said the oil giant launched a charter …
Athens-based Euroseas has secured more profitable work for two of its elderly container ships. The Nasdaq-listed company said a “top-class charterer”, believed to Maersk Line in the US, will keep …
Genco Shipping & Trading and its management team have been on a mission when it comes to the company’s dividend. With respect to investors, the message has been something like, …
