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European shipping companies are still lagging in ESG reporting despite pending regulations set to come into force in two years. The European corporate social reporting directive is already kicking in
The US has lodged a claim against Synergy Marine and Grace Ocean over costs that government lawyers tallied up to $103m after a container ship destroyed a Baltimore bridge. The …
Fjeld Shipping, previously known as Sterling Shipping, is moving back to Norway with a new-look fleet, after selling one of its kamsarmax bulk carriers and shedding a shareholder. The sale …
Diversified Eastern Pacific Shipping has deviated from its normal practice of ordering new ships by chartering two chemical tanker newbuildings from a Chinese leasing company. The Idan Ofer-controlle
Reborn shipyard Hengli Heavy Industries has booked four 306,000-dwt crude oil tanker newbuildings with its parent, Hengli Group. It marks the second VLCC contract between the two parties. The first …
Milan-listed d’Amico International Shipping is taking advantage of what appears to be a growing appetite for period employment in the MR tanker market. DIS said on Tuesday that it had …
Chinese seaborne dry bulk imports increased by 6% in the first eight months of the year, despite economic challenges. Bimco shipping analyst Filipe Gouveia said: “Between January and August 2024, …
The biggest current threat to international trade comes from geopolitical disputes that shut down key shipping routes, the president of a key marine insurance body said on Sunday. While inflation, …
Three more container ships formerly managed by the German division of V.Ships have found new homes. The 3,700-teu Northern Dependant and Northern Dexterity (both built 2008) as well as the …
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Dubai’s bulker chartering operation Adhira Shipping and Logistics (ASL) is set to launch an initial public offering on London’s AIM exchange in 2025. The specialist in African mining logistics is …
German trader Uniper is partnering with emissions certification specialist MiQ and US natural gas producer EQT Corp on a pilot transaction aimed at highlighting the importance of transparency in emiss
Shipping financier Transport Capital has named Nikos Papanestis as the new head of its Greece business as it continues its global expansion. Papanestis, who started the job on Wednesday, has …
A big Greek refinery called at by more than 30 tankers each month has driven down production after a fire caused serious damage to some of its facilities on the …
Three months ago WinGD chief executive Dominik Schneiter’s customers were all talking about methanol. “Then, in just one day to another, it felt like it swapped to LNG,” he said. …
VLCCs are continuing their upward trend in spite of declining US crude oil exports. Clarksons fleet weighted average VLCC assessment came in at $40,700 per day on Wednesday, a 2.1% …
The dry bulk market has seen high freight rates and strong demand delaying the recycling of older ships. Between January and August 2024, the number of recycled ships dropped 42% …
A big Greek refinery called at by more than 30 tankers each month has driven down production after a fire caused serious damage to some of its facilities on the …
Italy’s Red Coral Bulkers has secured financing for the purchase of a supramax bulker. Watson Farley & Williams advised BPER Banca on a medium to long-term financing of up to …
The dry bulk market has seen high freight rates and strong demand delaying the recycling of older ships. Between January and August 2024, the number of recycled ships has dropped …
