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Ship design data is too good to waste according to Takashi Yamamoto, deputy manager of basic design at Japan’s Usuki shipyard. The Fukuoka Shipbuilding-owned yard is one of the first …
Japanese shipowner Soki Kisen has ordered two bulker newbuildings in Japan. Soki has commissioned Imabari Shipbuilding to construct an ultramax and a handysize bulk carrier. The company, based in Ima
As shipping faces pressure to cut its greenhouse gas emissions, about half of the newbuilding orderbook is being built to run on alternative fuels. But at the TradeWinds Shipowners Forum …
Two six-year-old LNG carriers are being touted for sale again as SK Shipping looks for a final resolution on what to do with a pair of LNG carriers that have …
A new Dubai ship manager has emerged to run three Sovcomflot (SCF Group) LNG carriers, two of which were sanctioned last month in the UK. Data from the European Commission-backed …
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 …
The US Coast Guard held two bulkers, a tanker, a ro-ro and an offshore vessel in its latest list of vessel detentions, including a ship whose main engine could not …
A new dividend formula has New York-listed Genco Shipping & Trading set to disclose an enhanced payout when it reports quarterly earnings on 6 November, and one equity analyst is …
Pangaea Logistics Solutions has set a 2 December date for a shareholder vote on its agreement to acquire the 15-bulker fleet of MT Maritime Management in a $295m shares-based deal. …
Further container ship sales by German financier Gebab have propelled the tally of container ships sold by its associated ship manager this year into double figures. The North German owner …
Record levels of US crude exports into Europe are driving up tanker rates, brokers and analysts say. Consultancy Kpler tallies an all-time high 1.36m barrels per day (bpd) booked on …
United Nations Trade and Development (UNCTAD) has a significant asterisk against its global trade growth estimates as its projections could be undermined relatively easily. The Geneva-based organisat
Aframax utilisation has hit a four-month high after Libyan barrels returned to the market following the ending of September’s force majeure. Production recovered to 1.3m barrels per day on Sunday, …
Norwegian shipowner Reach Subsea is banking up to €14.3m ($15.5m) from the European Union for its autonomous ship project. The grant from the EU Innovation Fund’s Net Zero Technologies initiative …
Dee4 Capital Partners has added two offshore shipbrokers to its team, but do not assume it is a pivot to the sector. Founder, partner and chairman Carsten Mortensen said the …
Two UK shipowners and two wind assist technology firms have secured cash after a new funding round from the country’s government. GT Wings and BAR Technologies are among the Smart …
A new Dubai ship manager has emerged to run three former Sovcomflot (SCF Group) LNG carriers, two of which were sanctioned last month in the UK. Data from the European …
Greek shipowner Evangelos Marinakis’ offshore fleet is growing with extra newbuildings added to his haul, according to a new NOK 800m ($73m) contract signed with Norway’s Kongsberg Maritime. The tyco
Dimitris Patrikios, an experienced Greek executive who joined V.Ships as an advisor last year, has moved up to head the ship management giant’s growing Greek office. Best known in the …
A Costamare-owned vessel in the fleet of AP Moller-Maersk has sailed on a route to Dubai after no signs emerged that the Houthis targeted the vessel as they claimed. As …
