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Shipbroking group SSY is entering the LPG and ammonia market for the first time with the hire of Thorstein Bergersen. Longtime LPG specialist Bergersen will be based in Copenhagen and …
A quiet secondhand tanker sale and purchase (S&P) sector has seen asset values fall, brokers said. What little activity there has been is focused on older LR1 product carriers, they …
Container shipping giant AP Moller-Maersk has reported a jump in third-quarter profit compared with the weak performance seen at the same stage in 2023. The Danish company said profit reached …
Mitsui OSK Lines (MOL Lines) has reported a more than 50% increase in first-half net profit as it continues to reap the rewards of the red-hot container ship and energy …
Danske Bank’s gross shipping credit exposure fell slightly in the third quarter. Gross credit exposure was DKK 22.1bn ($3.2bn) at the end of September, compared with DKK 22.3bn at the …
Europe’s ship owner lobby and an influential Brussels-based environmental group joined forces to push EU decision makers to not forget about shipping in the bloc’s next big, green industry initiative.
New York-listed Teekay Tankers is buying its parent’s Australian management services for $65m and splashing an unidentified amount of cash for all other management operations currently held by the own
A long-standing Japanese-Chinese joint venture is being named as the likely shipowning partners that could scoop the ownership of six supersize LNG carrier newbuildings booked in China last month by …
A quiet secondhand tanker sale and purchase (S&P) sector has seen asset values fall, brokers said. What little activity there has been is focused on older LR1 product carriers, they …
Matson has reported better-than-expected quarterly earnings that the Hawaii container ship operator said were primarily a result of its China services. The Hawaii liner player delivered a profit of $
You won’t hear presidential candidates Donald Trump or Kamala Harris talking about the need to rebuild the US merchant marine or shipyards. But in the halls of Congress, there is …
I was dizzied by the explosion of campaign signs festooning the walk up to a polling place near my house in Miami’s suburbs. But this was quieter than the weekend …
Clarksons Securities analysts are unconcerned by the value gap between product carrier owner Scorpio Tankers and the company in which it has just taken a 4.9% stake. US-listed Scorpio revealed …
Danish tanker and fuels group Monjasa has chartered a product tanker to boost its bunkering operations in the US Gulf. It said the move comes five years after it started …
Argentina’s imminent surge in oil production is set to give crude tankers a demand boost, according to shipbroker BRS Group. The country’s shale boom is set to increase export capacity …
It is probably fitting that Jon Chappell was up to his eyeballs in tanker data this week when Streetwise was able to ask him about some news just starting to …
Seafarers’ onboard happiness has moderately increased, partly due to more downtime that is attributed to Red Sea diversions, according to a survey. The Seafarers Happiness Index report revealed a sli
MPC Container Ships is mulling an order for up to four container ship newbuildings in China. Shipbuilding players said the Oslo-listed company has inked a letter of intent with Hengli …
Lasse Kristoffersen is confident heading into a key period of the year for Wallenius Wilhelmsen. But he is not saying how confident. The chief executive told the third-quarter earnings call …
A new data platform has been launched by the Baltic Exchange to make due diligence easier than ever when putting shipping deals together. The database holds millions of records on …
