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Norway’s Hunter Group is still well short of breaking even on its VLCC charter play as the big tanker market heads into the stronger winter period. The Oslo-listed shipping investor …
China’s Yangzijiang Shipbuilding has secured $11.64bn worth of newbuildings so far this year. This exceeds the company’s 2024 order target of $4.5bn. The Singapore-listed shipbuilder said strong dema
Claims shipping companies are paying the Houthis hundreds of millions of dollars to secure safe passage in the Red Sea look overly exaggerated, according to a prominent maritime legal man. …
Nasdaq-listed owner Castor Maritime has cut its borrowings to almost nothing as cash piles up on its balance sheet. The Limassol-based bulker and boxship owner said cash and restricted cash …
Belgian shipowner Exmar has opened a new French company for its on-order LPG-ammonia dual-fuelled midsize gas carrier newbuildings. In a results statement the company said Exmar LPG France will own …
Ifchor Galbraiths thinks Donald Trump’s return to the White House could boost the US refined products market. The broker said the country has an ageing refinery base and, citing International …
Demand for commodities is likely to strengthen significantly now that the US election year is past us and is providing market certainty, regardless of the result, according to law firm …
Okeanis Eco Tankers is positioning itself to pounce on winter volatility in the crude tanker market after the fourth quarter started below expectations. After the New York-listed owner of VLCCs …
Shares in Tidewater plummeted after the offshore vessel giant reported lower-than-expected profits in the third quarter. The shares lost 12.2% in late-morning trading on Friday to reach $56.33 on the
French liner giant CMA CGM reported a more than 600% leap in third-quarter profits after election jitters and a port strike helped lift volumes. The company logged a profit of …
Shipping Corp of India (SCI) has unveiled a new chief financial officer amid soaring profit. Charusheela Gollapalli, the state shipowner’s general manager of corporate accounts & budget, will take ov
Average spot rates for capesize bulk carriers booked a full week of consecutive gains and saw big climbs again on Friday, following stronger reported fixtures in the Atlantic and Pacific. …
London-listed shipbroker Braemar is counting on its big global footprint to pull smaller shops into its orbit. The company said on Wednesday in its interim report that opportunities exist for …
UK shipbroker Braemar has revealed it became suspicious in the summer of last year that some tankers it had handled the sale of were eventually ending up in the Russian …
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
Capital Clean Energy Carriers (CCEC), a Νasdaq-listed owner transforming itself from a container player into a gas carrier outfit, said on Friday that its charter coverage is shielding it from …
Will the return of Donald Trump to the White House usher in a US maritime revolution that will see the nation stand up to China’s dominance? Or will proposals to …
SSY has been taking steps to address the progression of women through its ranks and has hit upon an unusual problem. Its Singapore office, which employs around 120 people, has …
Danish Ship Finance (DSF) forecasts a drop in utilisation in 2025, driven by strong fleet growth and the potential normalisation of a “wave of disruptions” that have masked a surplus …
A pairing of Idan Ofer-controlled Eastern Pacific Shipping and liner giant Gianluigi Aponte’s MSC Mediterranean Shipping Company is being named as the parties behind a surprise four-ship KRW 514.8bn (
