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A tentative deal that reopened ports on Friday after a US dockworkers strike on the Atlantic Seaboard and Gulf Coast made no mention of “automation” — a key sticking point …
Italy’s d’Amico International Shipping (DIS) has snapped up yet another chartered-in MR tanker at a hugely discounted price. The Milan-listed owner said it had exercised its purchase option on the …
A ship’s officer has been fined and threatened with deportation from Norway after flying a drone over a commercial port where the vessel was berthed, insurance provider Gard said. The …
Firefighting on the laden tanker set alight by a Houthi bombing team is almost over after nearly seven weeks. Salvage operations continue with “encouraging results” on the 163,800-dwt Sounion (built
Tonnage hungry Bahri is moving on from its oldest VLCC and snapped up a second-hand bulker. The Saudi Arabian state-backed shipowner sold the 303,000-dwt Safwa (built 2002) for $31.7m, according …
Singapore owner Hafnia is said to have sold a 13-year-old product tanker for only slightly less than it paid for the ship in 2013. Brokers quoted a price of $31m …
Days after being called out by a leading equity analyst for purportedly lacking sufficient scale, Genco Shipping & Trading disclosed it is adding a capesize to its fleet. The New …
Third-party ship management in Greece has made gains over the past few years. An increasing number of players offer an ever-wider range of services out of the world’s biggest shipowning …
US shipbroker Poten & Partners is a strong believer in the resilience of the shipping industry. But all-out war in the Middle East or a closure by Iran of the …
Just days after being called out by a leading equity analyst for purportedly lacking sufficient scale, New York-listed Genco Shipping & Trading disclosed it is adding a capesize unit to …
A ship’s officer has been fined and threatened with deportation from Norway after flying a drone over a commercial port where the vessel was berthed, insurance provider Gard said. The …
Russian arms dealer Viktor Bout has denied a report that he is brokering weapons shipments to the Houthi militia that is attacking vessels in the Red Sea. The Wall Street …
Shipowners have spent $155bn on new vessels at shipyards this year, already making 2024 the fourth-strongest on record, according to shipbroker Clarksons. The UK group’s Clarksons Research division n
Norway’s Atlantica Shipping has continued its return to container shipping with its second boxship purchase of the year. The Oslo-based owner has bought the 3,600-teu Chopin (built 2012) from London-
Andriaki Shipping, the tanker management firm of the NJ Goulandris shipping family, has appointed Panagiota Chrysanthi as its new chief executive officer. Chrysanthi’s appointment, announced by the f
Major gas carrier owner Petredec Global is offloading an 11-year-old VLGC in a $71.5m deal to Siam Gas and Petrochemicals, a leading LPG distributor in Thailand and East Asia. Brokers …
Analysts at Fearnley Securities have talked up VLCC values on the back of “strong transactions” during the last few days. But the Norwegian investment bank revised other tanker and bulker …
A small general cargo ship hit by a Russian missile in Ukraine over the weekend did not serve any military purpose but was due to load a cargo of Ukrainian …
BW Group-backed shipowner Cadeler wants to expand its board by adding UK class society Lloyd’s Register chairman Thomas Thune Andersen. The world’s biggest wind turbine installation vessel owner has
Former MISC president and CEO Captain Rajalingam Subramaniam has emerged at the helm of one of the world’s largest ship managers. Hong Kong-headquartered Fleet Management revealed on Monday that Subr
