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Maria Angelicoussis’ Maran Dry Management may have spent up to $100m over the past couple of months to buy two relatively modern capesizes that could include Herun China Shipping’s last …
An elderly refrigerated general cargo ship that arrived at Alang at the end of August has been arrested by an entity that claims to have been its owner since 2016. …
Container freight rates have fallen further from their summer peaks, forcing lines to cancel sailings ahead of the Golden Week holidays in Asia. The rates dropped 8% to $4,775 per …
Norway’s Kristian Gerhard Jebsen Skipsrederi (KGJS) continues to build up its dry bulk operations, adding two secondhand kamsarmaxes. Brokers reported that two modern Chinese-built Oldendorff Carrier
Frontline chief executive Lars Barstad believes charterers would suddenly become much more relaxed about VLCC vetting if rates reach $100,000 per day. He told a Fearnleys webinar: “There’s a very, …
A tanker that ran aground in Indonesia last year has no links with a ‘shadow fleet’ insurer after shifting to new ownership in January, according to the vessel’s technical manager. …
Spanish authorities have declared an environmental emergency after a ship spilt fuel oil during a bunkering operation in the Canary Islands. A slick forced the closure of several beaches on …
Hafnia chief executive Mikael Skov has spoken of his sadness at the lack of political will to tackle the ongoing danger to shipping posed by the dark fleet of tankers …
US fund FourWorld Capital Management has explained its ultimate aims in launching legal action against tanker owners Euronav and Frontline. The New York investor believes an unwinding of various merg
An alliance between Hapag-Lloyd’s two largest shareholders has been extended for four more years. Chile’s Compania Sud Americana de Vapores (CSAV) and Germany’s Kuhne Maritime have agreed on a new …
A Norwegian shipping executive has quit after being charged with surreptitious filming during the Arendalsuka economic gathering in Norway in August. TradeWinds’ sister newspaper DN reported that one
Increasing threats to ships in a dangerous world will focus minds this month as the insurance industry’s biggest trade body marks its 150th anniversary with a return to the city …
Ships could be refused entry to some ports if they fail to deal with a new season of stink bug stowaways, insurers have warned. Importing nations including Australia, New Zealand …
Tanker rates have been too low this year when judged against the fundamental supply and demand balance in the sector, Fearnleys tanker advisor Jonathan Staubo believes. But he told a …
A key court judgment is due this evening in the battle to secure hundreds of millions of dollars in compensation for minority shareholders from a series of deals that resolved …
The successful targeting of substandard vessels by port state control regimes could be significantly improved with better use of data from major casualties, according to a new study. More than …
George Souravlas-led Load Line Marine has revealed the purchase of a Dong-A Tanker handysize bulker in a deal that market sources have priced at somewhere in the region of $12.3m …
In this episode, we look at the risks of bottlenecks in engines supplied to newbuildings, yard capacity for retrofits and why the price of future fuels may not drop quickly …
Ship finance portal Oceanis is carving out a fresh direction following its partial sale to shipbroker Ifchor Galbraiths. Under the deal involving the advisory side of Oceanis, founding partners Maxim
Mitsui OSK Lines' startup arm will bet on a Norwegian venture capital fund. MOL Plus announced on Friday that it will invest in the Deep Blue Fund 1 managed by …
