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A panamax tanker is heading to Cuba with a cargo of Mexican oil aimed at combating its acute energy crisis. Reuters reported the Cuba-flagged Vilma is carting 400,000 barrels loaded …
AMSC increased its quarterly dividend for the third quarter. “We are pleased to increase our quarterly dividends to NOK 0.60 per share on the back of Solstad Maritime initiating its …
South Korean private equity giant Hahn & Co is reported to be preparing a potential sale of major domestic shipowner SK Shipping. Business Korea cited investment banking sources as saying …
A Thenamaris bulker captain has been convicted and fined over pollution from a scrubber in France. The unnamed 66-year-old Filipino was tried in his absence at Marseille Criminal Court. The …
A bulker owned by Greece’s Reefer & General has reported an explosion in the Red Sea, ending a lull in Houthi violence on shipping that has lasted more than two …
The thoughts of shipowners and brokers are turning to the next big Middle East offshore support vessel takeover after a busy year of transactions. Merger and acquisition activity jumped back …
A bulker owned by Greece’s Reefer & General has reported an explosion in the Red Sea, ending a lull in Houthi violence on shipping that has lasted more than two …
Wintermar Offshore Marine doubled its profits in the first nine months, thanks to elevated charter rates and vessel sales. The Jakarta-listed shipowner’s gross profits grew to $11.8m year on year. …
Wintermar Offshore Marine doubled its profits in the first nine months, thanks to elevated charter rates and vessel sales. The Jakarta-listed shipowner’s gross profits grew to $11.8m year on year. …
Israel’s limited retaliation against Iran in missile attacks on Saturday could be an early catalyst in removing the uncertainty that has dampened investor sentiment toward public tanker stocks. That
An aframax tanker has loaded the first cargo of petrol from Nigeria’s giant Dangote refinery as its fuel unit ramps up production. The 120,700-dwt Sabaek (built 2003), owned by Sabaek …
Equinor has chartered a US-built crew transfer vessel from a unit of Liberty Green Logistics for 10 years — an unprecedented tenure for a Jones Act-compliant CTV. Liberty Green’s Patriot …
The Republic of the Marshall Islands receives millions of dollars in revenue every year from the corporate registry services it provides to businesses headquartered around the world. Unlike many offs
Digital investment company Yieldstreet has reached a settlement agreement to end a class-action lawsuit over embattled ship recycling financing. The deal with investors will see the private investmen
Restocking and storage could emerge as factors in driving up tanker demand, Norway’s Gersemi Asset Management believes. The shipping fund manager is forecasting a more balanced oil supply and demand
US-listed New Fortress Energy has ramped up its offshore LNG production unit off Mexico to its full nameplate capacity but believes there is potential for higher volumes. New Fortress issued …
Putting a high-temperature nuclear reactor on board an LNG carrier shipping a cargo that needs to be kept at -162C might not sound like a good idea. But American Bureau …
Norwegian shipping fund manager Gersemi Asset Management believes recent very public downgrades of tanker companies have accelerated a fall in share prices. Both DNB Markets and Pareto Securities cut
Wallenius Wilhelmsen has booked more than $750m in revenue in a deal with a high and heavy customer. The Oslo-listed car carrier giant announced on Monday a five-year contract with …
A German-managed multipurpose ship allegedly carrying explosives bound for Israel has reportedly docked in Albania. Baltic Insight said it had photographed the 8,000-dwt Kathrin (built 2010) berthed
