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Affinity (Shipping) will welcome its first chief executive in the new year when clean petroleum products (CPP) broker Daniel Hockey steps up to the new role on 1 January. Well-known …
Spanish police have arrested four people for alleged sanctions breaches for shipping chemicals to Russia that could have been used to make weapons or nerve agents. The chemicals seized at …
China’s tanker giant Cosco Shipping Energy Transportation (CSET) is acquiring a fleet of LPG and chemical carriers from private sister companies. The idea is to integrate energy shipping operations a
Iranian authorities are tackling an oil spill 6.4 km off its main crude export terminal. Iran’s IRNA news agency said the incident occurred on Sunday off Kharg Island. The oil …
A drop in secondhand post-panamax values has enticed Polembros Bulkers to buy its first ship since late 2020. The Greek company’s managing director, George Vakirtzis, confirmed he has agreed to …
The innovative Belgian port city of Antwerp has won the right to host the influential annual summit of the Global Maritime Forum in the autumn of 2025. The bid was …
The biggest Nordic bank’s shipping loan book continued to fall in the third quarter. Nordea’s gross loans to the sector dropped to €4bn ($4.3bn) from €4.2bn at the end of …
US forces including B2 long-range stealth bombers attacked several underground Houthi weapons caches throughout Yemen early on Thursday. This is the first known case of the western military using suc
I returned to Shanghai for the first time in 22 years last week. I made a trip to the Chinese megacity and Yangshan Port, the world’s largest. The first time …
Asian shipping’s finest came together in Singapore for a star-studded night to honour seafarers’ hard work and commitment, and the contributions made to their well-being by crew, shore staff and …
China’s Fujian Guohang Ocean Shipping has doubled its order of methanol-ready kamsarmax bulkers at Wuhu Shipyard. Brokers said the company, listed on the Beijing Stock Exchange, has declared options
Average VLGC rates have slumped by 16.1% over the past week as sentiment favoured charterers in both the Pacific and Atlantic markets, which each saw only one fixture. Shipbroker Fearnleys …
Capesize bulker rates could mount a rebound if Brazil continues to pump more iron ore into the spot market, an analyst said. The ray of hope from Maria Bertzeletou, a …
Germany’s Amadeus Schiffahrts- und Speditions has brought in a wind-assisted newbuilding to bolster its shortsea fleet. The company, a subsidiary of inland tanker giant HGK Shipping, said it has cont
A company controlled by Argentine ship repairer Jorge Proios has asked a US federal judge to throw out an asset seizure order secured by bulker owner Foremost Group. Axion Management …
A stark contrast between the potency of Russian shipping sanctions imposed by the US and its allies has been revealed with most tankers targeted by European governments continuing to trade, …
Local residents and scientists alike have been baffled by hundreds of strange pale masses appearing on beaches in Newfoundland, Canada. One theory is that ships are to blame, although there …
VLCCs and suezmaxes just will not stay out of product trades. Product tanker earnings continued their tepid performance on Wednesday, with Clarksons reporting all asset classes dropping on average we
Germany’s Amadeus Schiffahrts- und Speditions has brought in a wind-assisted newbuilding to bolster its short-sea fleet. The company, a subsidiary of inland tanker giant HGK Shipping, said it had con
A unit of Delta Corp Holdings is pursuing $31m in claims in a contract dispute with Dubai’s OQ Trading. The two sides have been locked in London arbitration and London-headquartered …
