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An aframax tanker has shipped the first cargo of Canadian crude to Alaska in 10 years. Data cited by Vortexa shows the unnamed vessel carried 466,000 barrels from the expanded …
Greek tycoon Evangelos Marinakis has added to his new offshore vessel fleet in a deal with Norwegian investor Arne Blystad. Shipping databases show the shipowner’s start-up Capital Offshore has acqui
Whatever is going on in LNG shipping? It is almost November and aside from the odd fixture flurry, spot charter rates across all vessel types appear to have sunk like …
Clarksons Securities has taken an axe to its assessments of older tanker values as shadow fleet trading reaches the “saturation point.” The investment bank said secondhand prices continue to fall …
South Korea’s Hanwha Ocean has signed a five-year strategic partnership agreement with the Global Centre for Maritime Decarbonisation (GCMD) marking a first shipbuilding pairing for the GCMD. The two
Euroseas, a US-listed containership ship owner, has secured lucrative three-year charters on three modern feeder vessels. The Aristides Pittas-led company has fixed two 2,800-teu newbuildings and a t
Seacor Marine has filed a lawsuit against Louisiana broking firm Gulf Offshore Logistics to try to chase charter bills that remained unpaid following the bankruptcy of an oil producer. The …
One of the factors driving the surge in tanker ordering could be owners finding more value at shipyards than on the water. Gibson Shipbrokers said newbuilding values have grown about …
A shadow fleet oil tanker is due to transit the English Channel for the first time since being hit by British sanctions just days after the UK pledged to crack …
MSC Mediterranean Shipping Co has agreed to take control of Brazilian shipping, ports and yard group Wilson Sons a year after a deal was first hinted. The acquisition is MSC’s …
Singapore's Hafnia has expanded its MR pool with deals for new tankers in Vietnam. The company said it has welcomed two new partners to its operation, PVTrans Oilfield Services and …
Capesize bulker values are seeing signs of being impacted by declines already experienced in smaller asset classes. A reported en bloc deal involving two capesize bulkers built around 2010 are …
Green Reefers has sold two ships that are more than three decades old, with both vessels headed to recycling markets in India and Turkey. The deals emerged as demolition prices …
Trader and shipowner Vitol has agreed a deal to ship LNG into China. The swap deal will see the group handle 500,000 tonnes of US gas from 2029 for China …
Chinese yard Wison New Energies has won a pre-front-end engineering and design contract from state-run Kumul Petroleum Holdings (KPHL) for a 1.5 million tonne per annum floating LNG (FLNG) production
A year ago, the rerouting of Russian oil had sent Suez Canal transits skywards, while drought dragged down Panama Canal crossings. What a difference a year makes. Clarksons research data …
Navios Maritime Partners, the US-listed shipping giant controlled by Angeliki Frangou, has likely obtained about $110m in contracted revenue through a multi-year chartering deal extension with oil maj
Norwegian bank giant DNB buys Sweden’s Carnegie in a move to expand in investment banking and wealth management. DNB entered an agreement to acquire all shares of Carnegie Holding from …
Iran has shown it can export oil from outside the potential Strait of Hormuz chokepoint with a first VLCC loading at the new Jask terminal in the Gulf of Oman. …
Engine designer MAN Energy Solutions has pulled an engine from sale as talk circulates in the market about issues with the product, which was designed to suit LNG carriers. The …
