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Stolt-Nielsen’s chemical tanker earnings will drop, but the company is not confident in saying just how much. The chemical tanker giant said it expects its timecharter equivalent earnings to fall …
The strike at US ports is going to hit Stolt-Nielsen, but the company is not sure how hard just yet. During the company’s third-quarter earnings presentation in Oslo, chief executive …
The US government has imposed sanctions on a Marshall Islands-registered shipowner and two tankers for allegedly shipping Iranian oil to finance Houthi attacks on vessels in the Red Sea. Gemini …
The spot market for panamax bulk carriers is still awaiting its seasonal upturn, as a general lack of industrial activity continues to retard recovery and sit on sentiment. China is …
Nigerian National Petroleum Corp (NNPC) is fixing crude tankers to supply oil to the country’s huge new Dangote refinery. Panos Gliatis, managing director of subsidiary NNPC Shipping, told TradeWinds
In a tradition of American journalism, reporters threw questions at President Joe Biden as he boarded Air Force One. One asked why he would not intervene in a strike about …
London-headquartered shipbroker Howe Robinson Partners has boosted its Asian reach with a recruit in South Korea. The UK shop has added sale and purchase specialist Gu Yoon from Clarksons in …
VLGC rates could have further to climb after a steep hike this week. Analysts noted an extremely volatile market driven by US Gulf export activity. The Baltic Exchange assessed freight …
Pool player Tankers International has appointed a new face to head up its bunker desk as fuelling starts to become central to owners and operators. The company said it has …
The West African tanker market could be set for another shake-up as Ghana begins building a major new $12bn refinery. The 300,000-barrel-per-day (bpd) plant at Jomoro is expected to be …
Frontline and other tanker stocks rose on the Oslo Stock Exchange on Wednesday. John Fredriksen’s Frontline gained as much as 5.8% in the Norwegian capital. “Clearly a chaotic situation, but …
Japan’s Marubeni Corp is partnering gas carrier specialist Solvang to operate an ammonia carrier. The trading house announced the beginning of the joint operation of the Hyundai-built, 60,200-cbm Cli
Shipping investor darling Zim has been downgraded by a respected analyst at a time the container ship heavyweight is cashing in on multiple disruptions. New York-listed Zim has caught tailwinds …
The US has lifted sanctions from a Turkish shipping services company after its owner successfully argued it had not arranged repairs for a blacklisted Russian bulker linked to stolen Ukrainian …
Dubai-based feeder container player Unifeeder has revealed that it has chartered two container ship newbuildings from Angeliki Frangou-led Navios Maritime Partners. The company, a subsidiary of ports
Any potential disruption in the Strait of Hormuz as a conflict between Israel and Iran spirals would likely be worse for global shipping markets than the Red Sea crisis, analysts …
New York-listed Scorpio Tankers confirmed on Tuesday that it has sold the 109,000-dwt LR2 STI Lily (built 2019) for a price of $73.5m. TradeWinds broke news of the sale on …
Historic shipbuilder Harland & Wolff has formally entered administration for the second time in five years. The process involves only the non-trading holding company, Harland & Wolff Group Holdings.
UK shipbroker Gibson has surpassed its hopes for a series of charity events to raise money for a new school in Kenya. Staff ran, cycled and played their way to …
Japan’s Mitsui OSK Lines is being named as the company behind a pricey floating storage and regasification unit newbuilding ordered for KRW 545.4bn ($413.7m) at Hanwha Ocean in South Korea. …
