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Indian bulker owner Apeejay Shipping has tapped ship management giant V.Group for its new chief executive. Sumant Ahlawat has joined as CEO in Kolkata, after 10 years at the UK-headquartered …
Greek shipowner John Dragnis has broken into the offshore market with a fleet deal alongside major financial partners who have a joint eye on further growth. A three-way tie-up involving …
Two German shipyards belonging to financial investor Lars Windhorst’s Tennor Group are again facing an uncertain future. Most of the 500 workers at the Flensburger Schiffbau-Gesellschaft (FSG) and th
DOF Group is set to earn up to $50m in a new deal for one of its platform supply vessels. The Norwegian offshore giant said the 4,700-dwt Skandi Feistein (built …
Tanker owners should be looking forward to next year with increased optimism, according to Clarksons Research. Shipping demand appears positive in 2025, but the UK researcher is less sure about …
Scorpio Tankers is optimistic about product tanker prospects as crude vessels move back out of clean trades. Rates had come under pressure from the summer as dirty vessels cleaned up …
American Bureau of Shipping is locked in a legal battle that could test the liability of classification societies when marine casualties turn deadly. The Houston-based outfit and its affiliates are …
Poten & Partners parent BGC Group has reached an agreement to acquire OTC Global Holdings, the company that owns fast-growing Oil Brokerage, for an undisclosed sum in a deal that …
OSM Thome has agreed to buy all shares in Klaveness Ship Management from Torvald Klaveness. At the same time, subsidiaries of Klaveness Combination Carriers have entered into new ship management …
Tanker stocks are falling across the board on European stock exchanges following downward revisions by respected analysts. Frontline dropped as much as 3.2% in Oslo while Torm lost 4.4% in …
Russian energy company Novatek is looking at using two new sites where it can conduct ship-to-ship transfers in an effort to make the best use of its existing Arc vessels …
Erasmus Shipinvest Group, led by John Su, has made new additions to its expanding fleet while teaming up with a crewing partner in the Far East. Su has been targeting …
Japan’s Iino Kaiun Kaisha (Iino Lines) has contracted the country’s first dual-fuel methanol VLCC. The company said the eco ship will be delivered from the domestic Nihon Shipyard in 2027, …
The Saverys family’s private shipping company CMB said on Wednesday it is reopening its bid for the 7.75% of Belgian tanker owner Euronav it does not already own, to comply …
Japanese shipowner Mitsui OSK Lines and state-owned terminal operator Singapore LNG (SLNG) have inked a long-term charter contract for an on-order $414m floating storage and regasification unit that w
Maersk Tankers pools boss Jesper Bo Hansen has resigned after less than two years in the role. The Danish operator confirmed his departure and told TradeWinds he will be replaced …
SSY thinks China’s latest economic stimulus package does not include any radical good news for shipping, but will limit downside risk in commodity demand. The shipbroking group’s global head of …
The shadow fleet of tankers is seeking out new insurers to cover Russian oil cargoes sanctioned in the West. And an investigation by non-profit journalism group Danwatch has uncovered new …
The world’s four largest cruise ship operators have scored a court victory that overturns $451m in judgments against them for calling at docks confiscated after the wake of the 1959 …
A long-planned floating storage and regasification unit for could finally be set to leave China where it has been languishing as disputes rage over the project - but it may …
