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Canada’s Methanex Corporation is buying OCI Global’s methanol business for $2.05bn in a deal that narrows the choice of green fuel for shipowners. The world’s biggest producer of methanol will …
John Fredriksen’s sale and leaseback shipping company SFL Corp is aiming to refinance a bond series worth NOK 600m ($56m) with a new issue. The New York-listed company said it …
Hoegh Autoliners is continuing its fleet renewal push, moving on from a vessel with split valuations. The Oslo car carrier owner announced on Monday that it sold the debt-free 6,500-ceu …
A Belgian court has ruled that a mandatory bid for Euronav shares launched by the Saverys family’s Compagnie Maritime Belge (CMB) undervalued the tanker company. In identical statements released on …
Charalambos Mylonas, one of the biggest shipowners of Cyprus and former chairman of the country’s shipowner’s union, has died. The founder of Athens- and Nicosia-based Transmed Shipping “contributed
One worker is reported dead and another 11 critically injured following an explosion on a former Shipping Corporation of India (SCI) product tanker that was being cut up as scrap …
One worker is reported dead and another 11 critically injured following an explosion on a former Shipping Corporation of India (SCI) product tanker that was being cut up as scrap …
The meteoric political rise of ship investor Stefanos Kasselakis took a sharp turn downwards on Sunday, when Syriza, Greece’s second-biggest party, ousted him as its chief. The former Wall Street …
Belgian ship and infrastructure asset owner Exmar is progressing the renewal of its LPG carrier fleet in what are proving to be strong market conditions. Announcing first half figures, Exmar …
Charalambos Mylonas, one of the biggest shipowners of Cyprus and former chairman of the country’s shipowner’s union, has died. The founder of Athens- and Nicosia-based Transmed Shipping “contributed
A Belgian court has ruled that a mandatory bid for Euronav shares launched by the Saverys family’s Compagnie Maritime Belge (CMB) undervalued the tanker company. In identical statements released on …
Uncertainty within the European shipping sector is inflating building prices, according to leading classification society, DNV. A key challenge for European, in particular German, shipowners remains:
A 60-year-old BC Ferries vessel lost its propeller in an incident that led to a spill of hydraulic oil off Canada’s West Coast. The incident was discovered after the 1,314-passenger …
An affiliate of New York shipowner Foremost Group has launched New York litigation against Argentine shipyard group over alleged delays in a project to fix a vessel that slammed into …
AP Moller-Maersk has renewed its charter of a 20-year-old, midsize container ship for three years amid elevated chartering activity in the box market, brokers said on Friday. The Danish container …
New York-listed Star Bulk Carriers is continuing to release staffers from the former Eagle Bulk Shipping as it reaps synergies from the acquisition completed in April. Bunker manager Jim Gilligan, …
The Arkas Group revealed on Friday that it has received Chinese leasing finance to increase its newbuilding investments in the Far Eastern country to $360m in total. Turkey’s biggest container …
Two key chartering staff have left Lauritzen Bulkers’ office in Connecticut to join bulker operator Pioneer Navigation. Peter Bro, general manager of the Stamford office, has departed with senior cha
An affiliate of New York shipowner Foremost Group has launched litigation Argentine shipyard group over delays in a project to fix a vessel that slammed into a bridge. En May …
Uncertainty within the European shipping sector is inflating building prices, according to leading classification society, DNV. A key challenge for European, in particular German, shipowners remains:
