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Finland’s ESL Shipping has expanded its orderbook with a deal for fossil fuel-free bulkers in China. The company, owned by Helsinki-listed Aspo Group, said it has contracted four 17,000-dwt handysize
UK import terminal Grain LNG has had its emissions certified by verification company MiQ in what is being claimed as a first for a facility of this type. MiQ, which …
Oslo-listed Klaveness Combination Carriers (KCC) has exceeded its own rate expectations for the third quarter as tanker markets proved stronger than foreseen. The company’s ships carry both wet and d
The Libyan oil shutdown and US hurricanes are conspiring to lower oil prices and boost tankers. Fearnleys said projections from the US Energy Information Administration (EIA) and the Paris-based Inte
Shareholders in Hong Kong-listed Cosco Shipping Development Co (CSDC) will vote later this month on a proposal by the company to raise more cash through a bond issue. The financial …
The Saverys family’s private shipping company CMB has been ordered to re-open its bid for Belgian tanker owner Euronav following a court decision that it underpaid in a mandatory offer. …
The UK Chamber of Shipping’s chief executive, Rhett Hatcher, admits that the net-zero investment plan for this year may seem large, but pales in comparison to what the eventual total …
Bunker Holding Group is making a move into LNG by adding its own supply and a vessel in northwest Europe to its existing fuels provider brand Bunker One. The company …
Iran has sent tankers back to its key export terminal on Kharg Island as fears of an Israeli attack on its energy infrastructure recede. Ships controlled by National Iranian Tanker …
The Maritime and Port Authority of Singapore (MPA) has signed a memorandum of understanding (MoU) with Imperial College London to advance innovations in zero carbon shipping and ports. The MoU …
Leading ship management executives have revealed the cost and stress involved in running vessels as the shadow fleet of tankers serving Russia, Iran and Venezuela grows. UK giant V.Group said …
Some liner operators want to increase efficiency and reduce costs, while others are keen to adopt alternative fuels and tackle their greenhouse gas emissions. But those motivations alone do not …
DH Shipbuilding in South Korea plans to go public in 2025. The medium size shipbuilder is aiming to launch an initial public offering on the Korea Stock Exchange during the …
Saudi shipping giant Bahri has reportedly bought two Chinese-built MR2 product tankers from Singapore-based IMC Shipping. US-based brokers said the 50,000-dwt sisterships Maritime Inspiration and Mar
Consolidation in the fragmented ship management industry is set to continue, leading bosses have told TradeWinds. But big hitters are reluctant to take a punt on a takeover just for …
Some liner operators want to increase efficiency and reduce costs, while others are keen to adopt alternative fuels and tackle their greenhouse gas emissions. But those motivations alone do not …
Ports across Florida have closed their doors to vessel traffic as powerful Hurricane Milton bore down on the Tampa Bay region. The US Coast Guard said the possibility of gale …
Analysts expect weaker demand for coal from India and China in the coming months and loadings are already taking a hit. Winter in the northern hemisphere has in recent years …
Spot rates for MR product tankers leapt on the US Gulf Coast and Caribbean on Tuesday as a hurricane of historic proportions made its way through the region. The Baltic …
A broad-based drop in shipping stocks was unfolding in New York on Tuesday morning, apparently on worries spreading from China over the adequacy of economic stimulus measures. On a day …
