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The US alone is estimated to have spent more than $1bn — and that was in June — to confront the Houthi menace on shipping. But the crisis facing a …
Golar LNG’s commercial manager and head of staff has departed the New York-listed company for a new role at Norwegian shipbroker Fearnleys. Erik Nikolai Stavseth announced on LinkedIn on Sunday …
On Monday 2 September, one of the most influential people in dry bulk shipping left the maritime space to start a new chapter in his career. Rashpal Bhatti, BHP’s vice …
US forces said they destroyed Houthi weaponry for a third day on Saturday, as a Conbulk Shipmanagement vessel reported seeing nearby explosions in the Gulf of Aden. The continued violence …
Singapore’s Eastern Pacific Shipping is said to have splashed an estimated $1.7bn on a raft of up to 11 container ship newbuildings that will swell its fleet beyond 300 vessels. …
US forces said they destroyed Houthi weaponry for a third day on Saturday, as a Conbulk Shipmanagement vessel reported seeing nearby explosions in the Gulf of Aden. The continued violence …
Tug and barge owner Hidrovias do Brasil said it is planning to ask shareholders to approve a share sale to allow it to invest in growth. The Sao Paulo-listed company …
Japan’s Mitsui OSK Lines and UK-based Carisbrooke Shipping have both invested in Carnot Engines, a UK-based engine maker start-up that says it can build multifuel retrofittable engines based on cerami
A Canadian dockworkers union is locked in a legal fight with the federal government, a terminal operator and the Netherlands’ BigLift Shipping over the use of the ship’s crew to …
In this episode: Questions about Delta Tankers’ suezmax Sounion. It sits abandoned, boarded by Houthis, set on fire and fully laden with crude oil. What next? DNV offers TradeWinds an …
The Panama Canal is rejigging its transit reservation as it gears up to roll out sales of long-term transit slots in the weeks ahead. The moves, which officials couched as …
Product tankers have been less busy so far this year as crude tankers clean up their tanks to muscle in on the trade. As rates for VLCCs and suezmaxes tumbled …
Freight futures markets point to container markets nosediving in the coming months on the back of growing overcapacity fears. Freight rates on container exports out of China are priced to …
Frontline boss Lars Barstad is proud of the spot rates his company’s tankers have achieved so far in the third quarter. But he told an earnings call there is “no …
Freight futures markets point to container markets nosediving in the coming months on the back of growing overcapacity fears. Freight rates on container exports out of China are priced to …
In this episode: Questions about Delta Tankers’ suezmax Sounion. It sits abandoned, boarded by Houthis, set on fire and fully laden with crude oil. What next? DNV offers TradeWinds an …
India’s Adani Group has stepped up its interest in shipping by taking a controlling stake in Dubai shipowner Astro Offshore. The Adani Ports & Special Economic Zone (APSEZ) unit said …
Gas importer Gail (India) has taken an LNG carrier on time charter from energy major Shell but is still evaluating offers from owners for a vessel to take on longer-term …
Shareholders will see the benefits of Torm’s policy of using its stock to pay for tanker acquisitions, analysts believe. In July, the US and Copenhagen-listed product carrier specialist announced the
More and more Russia-trading tankers are taking the quick route through Arctic seas to China as the Putin regime delivers Urals crude and other grades to buyers. Amid sanctions pressure, …
