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Simon Bennet has spent most of his 50-year career in shipping pushing for the industry to clean up its act. He has now turned his attention to the ship recycling …
Green lobby groups have taken the European Commission to court in a fresh bid to make it change its EU Sustainable Finance Taxonomy regulation so LNG-fuelled ships cannot be labelled …
Altera Shuttle Tankers has delivered better-than-expected quarterly earnings growth even as revenue pulled back. The Norway and Scotland-headquartered tanker owner, a unit of Brookfield Business Part
The US Coast Guard is prosecuting a mariner in an effort to revoke his license over a past sexual assault conviction involving a child, according to documents seen by TradeWinds. …
Norden is reported to have sold an ice-strengthened bulker that would put the owner-operator just one vessel away from exiting kamsarmax ownership. The company has offloaded its 81,800-dwt Nord Pengu
Liner giant MSC Mediterranean Shipping Company (MSC) has singed a strategic cooperation pact with Chinese shipbuilder Hengli Heavy Industry, which is planning an initial public offering. The collabor
Sinokor has grabbed another VLCC as its period chartering spree continues. The South Korean shipowner has struck a deal with George Economou’s TMS Tankers for the 300,000-dwt Gustavia S (built …
The upcoming FuelEU Maritime law in the European Union should help lift the shipping industry’s uptake of zero-carbon fuels, according to a key shipping executive at trading giant Trafigura. And …
Stamford Shipping says brokers jumped the gun in reporting that it has sold a product tanker acquired during the Xihe Holdings fleet sell-off several years back. The Singapore-based company said …
Trader and shipowner Vitol is being investigated by Dutch prosecutors over its previous business activities in Kazakhstan. This is according to the country’s public prosecutor’s office, which confirm
Hong Kong-listed Orient Overseas (International) Limited warned of an uncertain market after profit fell by more than one-quarter in the first half of the year. The Cosco-controlled company logged a
Karl Lodrup Kvalheim’s private vehicle Champion Tankers is splashing its record earnings on new tankers in China. Accounts for the Bergen-based product carrier company’s parent Nesttun Invest show bu
Oil producer Nigerian National Petroleum Company (NNPC) has completed its first exports of LNG on chartered vessels as a precursor to amassing its own fleet. The move was “in line …
Hamburg Commercial Bank's (HCOB) loan book for global transportation segment, which includes shipping, increased in the first half of the year. Earlier this year, the shipping and aviation units were
Harry Vafias shipowning venture C3is is optimistic about future profit after removing its last vessel debt. The Nasdaq-listed bulker and tanker owner revealed in its second quarter report that it …
Trader and shipowner Vitol is being investigated by Dutch prosecutors over its previous business activities in Kazakhstan. This is according to the country’s public prosecutor’s office, which confirm
Many bulker companies with one foot in shipowning and another in operating vessels have found themselves under pressure this year. Rather than having an extra leg to stand on, many …
The US has blacklisted a Panama-based company after claiming that its crude tanker was involved in a ‘dark’ ship-to-ship oil transfer with a sanctioned Sovcomflot vessel. The State Department said …
Container ship orders in the year to date are at their third highest in 16 years. The spree has seen 1.59m teu capacity contracted in 2024, the third highest since …
A reborn Pipavav shipyard is getting a $500m makeover to return the outfit to its former glory, its new owners say. It will focus on building bulkers, tankers and gas …
