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A 24-year-old steam turbine LNG carrier controlled by Japanese utility Osaka Gas Co is being offered for sale as shipowners start to rethink the future of elderly vessels in this …
A trio of stowaways have been discovered on board a Hong Kong-controlled bulker in India. The New Indian Express reported that immigration officers asked the master of the 53,000-dwt Great …
A Canadian shipbuilders group has issued a call for significant tariffs on Chinese-constructed ships at a time when the US is mulling whether to take a similar step. The proposal …
Four days after a senior Houthi official said that his group would allow tugboats to tow a burning, abandoned tanker that the Yemeni rebels themselves hit in the Red Sea …
A Solvang LPG carrier is set to claim a new landmark when it floats into dry dock in Singapore just before Christmas. Work on the 21,200-cbm Clipper Eris (built 2019) …
Cash-rich shipowners pump money into cleantech ventures Shipping-driven venture capital funds and individual shipowners are advancing innovation to speed up transition. Read the full story. _______
Norway’s Eitzen Group has added 13 chemical tankers to its fleet with a takeover deal for Navquim Holding. Eitzen shipowning subsidiary Christiania Shipping said it will acquire 100% of Navquim’s …
The container shipping industry nearly doubled its profit to more than $10bn in the second quarter of the year. The 11 liner operators that report earnings logged a total net …
Cosco Shipping has revealed a massive haul of 42 bulker newbuildings worth CNY 12.7bn ($1.79bn). This is the latest instalment in a newbuilding push by major Chinese shipowners, with Cosco …
TS Lines of Taiwan has joined the growing number of regional liner operators ordering mid-size container ships in China. The Intra-Asian liner operator has signed a letter of intent for …
Ocean Freighters, a low-profile Greek bulker specialist, has sold its only capesize to become a pure-play kamsarmax and post-panamax company. The Moustakas family-owned outfit paid the Angelicoussis
The crew of a merchant ship was involved in damage control early on Monday after the vessel was hit twice in the latest suspected Houthi attacks. The master of the …
The captain of a Dutch-operated feeder container ship is facing a fine after being found to be over the legal limit for alcohol. The unnamed Ukrainian master was trying to …
Greek shipowner Brave Maritime has doubled its product tanker newbuilding orderbook at the same time as banking a handsome profit from a fresh asset play in the crude market. The …
TS Lines of Taiwan has joined the growing number of regional liner operators owners inking mid-sized container ships in China. The Intra-Asian liner operator has inked a letter of intent …
UK software company Signol has won some big-name backers for its project to cut shipping emissions through behavioural science. The Michael Fanning-led operation said it has banked £2.5m ($3.3m) from
Frontline chief executive Lars Barstad has stopped believing that sanctions can curb the “grey fleet” of tankers trading to Russia, Iran and Venezuela. The John Fredriksen tanker company has been …
Owners of capesize and panamax bulk carriers could be in for a disappointing end to the year with little upside to current spot rates, according to new analysis. Indicators point …
Two months after doubling his money on an MR tanker purchased three years ago, Greek owner Athanassios Kossidas has made an even bigger profit on the sale of a similar …
UK-headquartered law firm Watson Farley & Williams (WFW) has recruited experienced dispute resolution lawyer Natalie Jackson to beef up its Athens practice. The company said Jackson is joining in Gre
