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The 10 tanker stocks under the coverage of investment bank Jefferies have tipped into the loss-making territory for the first time in 2024 after trading up an average 37.5% at …
Seanergy Maritime Holdings has reported a record profit for the first nine months of the year, as the New York-listed bulker owner flipped its quarterly earnings to the black. Athens-based …
The Port of Valencia is gradually resuming cargo activity after halting operations in the aftermath of severe rainstorms that devastated the country’s southeastern region last week. The port said it
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 …
Norway’s Hoegh Evi is partnering with a French port on a project to build a floating import terminal for hydrogen that could be in place by the end of this …
Ultramax specialist MX Bulk has sold a four-year-old vessel to White Sea Navigation — a Piraeus and Monaco-based company that has been quietly increasing its exposure to the sector. Brokers …
After 20 years, Di Gilpin saw her idea come to fruition when a UK-flagged nuclear waste carrier left Barrow two weeks ago with her FastRig wing sail secured on its …
Tanker and LNG carrier owners are set to benefit as oil and gas investment is pushing up offshore production volumes. Clarksons Research analyst Calum Kennedy said offshore fields account for …
As US voters are about to elect a new president investors and analysts try to predict the impact of the election result on the global stock markets. Fearnley Securities shipping …
Archer Daniels Midland (ADM) postponed its third-quarter earnings call at the last minute due to accounting issues. The crop trader was due to publish its financial results today, instead, a …
LR tanker rates have taken a dip as charterers have plenty of ships to choose from. Clarksons said LR2 rates fell by 15.7% week on week — and 11.3% from …
Germany’s Navalis Shipping has taken a 50% holding in Oslo Bulk’s Swedish subsidiary, Dalaro Shipping, to create a new bulker alliance. The companies said the transaction will enable the partners …
Finnlines is close to concluding a shipbuilding tender for three “green” ropaxes. The target is to sign the orders this year or at the beginning of 2025, said chief executive …
Navios Maritime Partners, a US-listed shipping giant with nearly 180 bulkers, tankers and container ships, reported improved year-on-year results for the third quarter, on the back of higher revenue.
Germany’s MPC Capital is the latest big owner to grab a slice of the burgeoning offshore wind shipping market. The container ship specialist is branching out with an order for …
Oldendorff Carriers has installed three Flettner rotors on the 100,488-dwt post-panamax bulker Chinook Oldendorff (built 2020). The Norsepower Rotor Sails can tilt to allow cargo operations in port a
Tanker and LNG carrier owners are set to benefit as oil and gas investment is pushing up offshore production volumes. Clarksons Research analyst Calum Kennedy said offshore fields account of …
Shanghai aims to be a leading green energy bunker port by 2030 with the ability to supply a million tonnes of green ammonia and green methanol while increasing the supply …
Prospects are brighter for VLCCs despite the Opec+ exporting group again delaying its planned crude production increase. Opec+ has extended its voluntary cuts by another month to January 2025, with …
This has been the year that cruise ship orders came back, as an industry that was brought to its knees by the pandemic has returned its focus on investing to …
