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The US is reported to have warned its allies that Russia is targeting Western shipowners as part of its attempts to destabilise Ukraine’s partners. Sources cited by Bloomberg said US …
Chinese owner Shandong Shipping is said to have lifted its Guaibamax bulk carrier newbuilding order at Qingdao Beihai Shipbuilding Heavy Industry to six vessels. It is believed to have inked …
A damaged bulker carrying a potentially explosive cargo of ammonium nitrate is on the move again after being rejected by Norway and Lithuania. AIS data showed the Dubai-controlled 37,000-dwt open-hat
MPC Container Ships (MPCC) is seeking to sell a new $100m bond to refinance debt and increase its buying power. The Oslo-listed owner has hired Arctic Securities and Pareto Securities …
Frontline boss Lars Barstad is not ruling out further acquisitions following the huge purchase of 24 VLCCs from Euronav last year. And it is privately-held assets that could hold the …
Fleet operating costs could rise by up to 80% following the International Maritime Organization’s adoption of new rules to reduce shipping’s greenhouse gas emissions. A DNV report for the IMO …
The container ship at the centre of a casualty that destroyed the Francis Scott Key Bridge in Baltimore is sailing again nearly six months after the incident. Tracking data from …
South Korean shipbuilder Hanwha Ocean has come up with a design for a zero-emission LNG carrier which features a new cargo containment system. Unveiling its new baby at its LNG …
China’s largest chemical tanker specialist Shanghai Junzheng Shipping (SC Shipping) has extended its orderbook for stainless steel chemical tanker newbuildings to 22 vessels. Industry sources said th
US-listed Excelerate Energy is buying a reliquefaction system to install on one of its existing floating storage and regasification units. The company said it had entered into an agreement with …
The container ship at the centre of a casualty that destroyed the Francis Scott Key Bridge in Baltimore is sailing again nearly six months after the incident. Tracking data from …
Indonesia’s Pertamina International Shipping (PIS) is limbering up to launch a newbuilding tender for tanker tonnage. Speaking to TradeWinds during the Gastech meeting in Houston, PIS chief executive
Suezmax tanker rates have jumped to the highest level in seven weeks, pulling up from their summer slump. The rebound is feeding hope that the crude tankers are beginning to …
Historic UK shipbuilder Harland & Wolff, has apologised to its shareholders during an informal meeting discussing the company filing for administration. The company had been working to secure a long-
Mitsui OSK Lines has invested in a fuels company that makes methanol from renewable electricity. HIF Global, a Chilean e-fuels company, said the Japanese shipping giant has added to some …
There was a big pop in spot rate assessments for capesize bulk carriers on Thursday as chartering activity began to wake up again. Baltic Exchange panellists added $1,897 to their …
VLGC rates keep falling, but opinions differ as to the culprit. Rates for the large LPG carriers slipped again on Thursday, with Jefferies reporting the market average at $25,000 per …
VLGC rates keep falling, but opinions differ as to the culprit. Rates for the large LPG carriers slipped again on Thursday, with Jefferies reporting the market average at $25,000 per …
Greek shipowner Victor Restis is still pursuing money owned to him by British businesswoman Amanda Staveley after forcing a company of hers into liquidation. In March, the tycoon won his …
A Filipino crewman needed a leg amputated after colleagues failed to use an offshore ship’s crane correctly. The UK Marine Accident Investigation Branch (MAIB) said the second officer suffered crush
