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Shipping and property tycoon George Procopiou has added to his string of big real estate and shipping investments with a €150m ($161m) move on one of the best-known hotel resorts …
Liner shipping giant Hapag-Lloyd has taken over the operations of German ship manager Hamburger Lloyd. The move will see technical management of a fleet of 29 container ships taken on …
So he’s back - and vowing to fix everything. Donald Trump’s sweeping victory in the US presidential elections gives him a powerful mandate for the next four years, far beyond …
Shipping’s insurance costs are set to increase for several years after a sustained period of underwriting losses and high claims in 2024, according to the chief underwriting officer at Britannia …
Tufton-backed Stainless Tankers is selling two of its veteran vessels as earnings soar. The Oslo-listed owner of nine chemical carriers said net profit in the third quarter was $4.7m, against …
The main stock markets in Europe and Asia rose as Donald Trump closed in on a win in the US presidential election, with shipping privately welcoming the 78-year-old back to …
Crude tankers muscling their way into product trades is trickling into the chemical tanker space, but Odfjell insists it is still a strong market. The Oslo-listed, Bergen-based chemical tanker player
South Korean shipbuilder Hanwha Ocean has opened a new Amsterdam office in The Netherlands which will focus on offshore business. The company said in a social media post: “This state-of-the-art …
Clarksons brokers have been testing the mettle of their clients in a series of challenges as part of its tanker training week. The London-listed company welcomed 18 early-career professionals to …
Tufton-backed Stainless Tankers is selling two of its veteran vessels as earnings soar. The Oslo-listed owner of nine chemical carriers said net profit in the third quarter was $4.7m, against …
London-listed shipbroker Braemar is evaluating potential deals to grow its business after posting a bigger profit for its first half. In the six months ended 31 August, the group logged …
Asian stocks rose cautiously on Wednesday morning as the region’s investors waited for the outcomes of the US election and China’s upcoming economic stimulus package. Benchmark stock indexes in Japan
Norwegian chemical tanker player Odfjell has shrugged off a dip in its net earnings in the third quarter of its 2024 financial year, claiming that while freight rates come down …
Greek shipping giant Angelicoussis Group has agreed a deal to buy UK-based shipowner Altera Shuttle Tankers (AST) in a major move into the sector. Angelicoussis Group, which entered the shuttle …
Evergreen Marine Corp is looking at methanol dual-fuel solutions for its next mega-size container ship newbuildings. Shipbuilding sources say the Taiwanese liner company has launched a request for of
Asian stocks rose cautiously on Wednesday morning as the region’s investors waited for the outcomes of the US election and China’s upcoming economic stimulus package. Benchmark stock indexes in Japan
China is dominating the global shipbuilding market in a way not seen this century. Experts say its grip on the industry has not been matched since Japan led the field …
Pasha Hawaii has sold a 44-year-old container ship for recycling, demolition sector sources said. Best Oasis, a cash buyer of ships for recycligng, reported on Tuesday that the domestic liner …
Lindblad Expeditions, the operator of the National Geographic cruise fleet, saw its shares rocket by 25% after the company reported a nearly fourfold increase in quarterly earnings and revealed strong
If he had been successful, Chase Oliver might have become the first US president to have actually worked in the shipping industry. But third-party candidates are rarely more than a …
