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UK shipping fund Tufton Oceanic Assets posted a dip in third-quarter profit as it predicted a boost to shipping demand from Chinese fiscal stimulus measures. The London-listed shipowner, managed by …
“Real action” — not “femme-washing” — is needed to promote women in the shipping industry, Wista International president Elpi Petraki says. Petraki’s message came from the sidelines of the annual …
French container ship giant CMA CGM will pay its share of any new state windfall tax. But the company’s chief financial officer said the likely high cost will mean less …
Nasdaq-listed Capital Clean Energy Carriers (CCEC) has filed a big shelf registration for potential ship buys or debt refinancing. The Greek company, controlled by Evangelos Marinakis, said it could
Eyal Ofer’s Zodiac Maritime has sold a modern ultramax bulk carrier at a time modern units remain in demand. The shipowner has offloaded the 63,000-dwt Beechgate (built 2019), market sources …
Europe’s two largest container ports have introduced new systems to hamper criminals from paying corrupt insiders for key shipping codes to steal containers with hidden caches of drugs. Officials fou
Arctic Securities expanded its container coverage and initiated coverage of AP Moller-Maersk with a buy recommendation. The current share price offers attractive risk/reward, according to analysts Kr
Singapore-based bulker operator GML Chartering has been left out of pocket to the tune of $565,000 after an Indian court overturned the arrest of a Eurobulk Asia ultramax that it …
India wants security cameras on all of its flagged ships after a review sparked by the disappearance of seafarers and maritime casualties. A draft order from the directorate general of …
Cadeler sees a growing market for wind farm installation vessels. “There are a lot of projects out there,” chief executive Mikkel Gleerup said in an interview at Cosco (Qidong) Offshore …
Taiwan’s U-Ming Marine Transport is adding ultramax bulk carriers to its growing fleet. The shipping company has commissioned New Dayang Shipbuilding to build four 64,000-dwt newbuildings. The order
Last week’s sanctions by the US treasury department against Iran’s petroleum industry could see mainstream VLCC cargoes increase by roughly 5% of the current fleet. That is the view of …
The global economy could suffer losses of up to $50trn over five years if an extreme geopolitical conflict hits shipping lanes and snarls international trade, according to a modelling exercise …
New Taylor Maritime Investments (TMI) director Gordon French has taken a stake in the company. The London-listed handysize specialist said the independent board member bought 100,000 shares at $1.015
The global economy could suffer losses of up to $50trn over five years if an extreme geopolitical conflict hits shipping lanes and snarls international trade, according to a modelling exercise …
A likely dark fleet VLCC has changed hands for the fourth time in as many years. The 305,750-dwt Gesi (built 2007) was sold for $43.3m by its Turkish owners to …
London-listed Taylor Maritime Investments (TMI) is said to have found an Asian buyer for one of its newer bulkers against a background of falling values. Brokers reported the Ed Buttery-led …
Two shipowners are being named as having fixed long-term period deals with Japanese trader JERA, which has snapped up an optional period with a third owner. Brokers said Mitsui OSK …
Two more vessels have been damaged in Russian air strikes on the Ukrainian port of Odesa, authorities reported on Monday. Regional governor Oleh Kiper said on Telegram that the moored …
Schoeller-owned Columbia Group is reorganising its crewing operations under new leadership to place a stronger focus on seafarer welfare. The strategic shift sees the creation of the Maritime Human R
