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A tanker that ran aground with a cargo of sanctioned Venezuelan crude has switched to hauling Russian oil around the coast of Europe despite questions over its insurance status. The …
Northport, situated in Port Klang, Malaysia has broken its monthly container and conventional cargo throughput records for the second consecutive month. In August, the port handled more than 365,000
John Fredriksen tanker company Frontline is down to eight directors after the resignation of Marios Demetriades. The experienced financial professional was minister of transport, communications and w
One seafarer has been confirmed as dead following the sinking of a tugboat in the tugboat in Singapore. The tuhboat, the Singapore-flagged vessel Oshio, sank in the eastern anchorage within …
Shipping banks must improve their loans for greener ships. If not they risk financing vessels that could be stranded assets in the future, researchers warn in a new paper. A …
Difficult and complex choices in the making the business case for fuel-efficient newbuildings and retrofit technologies emerged as the key question facing shipowners and operators, TradeWinds Shipowne
First, the bad news. The impact of climate change is likely to cost billions of dollars in repairs to ports from climate change-related rising sea levels and harsher storms. The …
International Maritime Organization secretary general Arsenio Dominguez has confronted key sustainability challenges since taking the helm of the UN shipping regulator at the start of the year. The c
Frontline chief executive Lars Barstad spoke for many in mainstream shipping when he said he had lost all faith in sanctions to curb the trade in elderly tankers carrying Russian, …
This week’s capesize spot market has had something to please optimists and pessimists alike. Questions are swirling and opinions are divided on how far capesize trade will be affected by …
Deutsche Bank has expanded its shipping research coverage into the dry bulk sector, replacing a key name dropped upon the May departure of longtime analyst Amit Mehrotra and adding a …
Oldendorff Carriers wants to speed up the development of viable decarbonisation technologies by founding a new research centre for sustainable shipping in Scotland. The German owner-operator has esta
Insurers face annual bills of more than $150bn from natural catastrophes as changes in the climate lead to more storms and flooding, according to risk modeller Verisk. The maritime sector …
Opec+ nations were reportedly discussing plans to delay an increase in production next month after oil prices fell sharply and speculation that a political crisis in Libya affecting exports was …
Greenpeace has revealed what it calls a “historically large fine” imposed by a Danish court for four peaceful protests against tankers carrying Russian oil in the Baltic. The penalty of …
Longer engine testing before delivery to shipyards in Asia is causing a bottleneck to build up. A surge in newbuilding orders with nearly half of them being for dual-fuelled vessels …
Japanese giant NYK is continuing to return excess cash to shareholders in the form of stock buybacks. The total number of its own shares acquired since June is now 10.6m …
Arsenio Dominguez did not take up his new role heading the International Maritime Organization to be a “stereotypical secretary general”. “I came here to break the mould. To introduce change,” …
Asian container lines have reaped the spoils in a market where operating margins have risen to their second-highest level in history. Average operating margins for leading container carriers breached
MSC Mediterranean Shipping Company is adding two more container ships from the German market to its secondhand acquisition tally. The Gianluigi Aponte-controlled company is said to have bought the 1,
