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Canadian offshore accommodation provider Bridgemans Services Group has pulled the plug on a small luxury cruise ship it acquired only in March, selling it to a Turkish ship recycling facility. …
Socatra of France has signed an order for two tankers in China. The Bozzoni family-owned company has struck a deal with state-owned Guangzhou International Shipyard (GSI) for two 40,000-dwt MR1 …
Brazil’s development bank and government funding agency are making BRL 6bn ($1.1bn) available to help finance local production of sustainable bunker and aviation fuels. The National Bank for Economic
US-listed Navigator Gas has contracted a pair of ethane dual-fuelled mid-size LPG carriers in China on speculation in a deal worth just over $205m with options to extend its order. …
Multi-ship newbuilding orders have helped to cement wind propulsion as a key emerging solution in the decarbonisation toolbox. But for it to gain the momentum it deserves, there needs to …
US-listed Navigator Gas has contracted a pair of ethane dual-fuelled handysize LPG carriers in China on speculation in a deal worth just over $205m with options to extend its order. …
The Houthi militants have released a video of their attack on Delta Tanker-operated Sounion. The Delta Tankers-managed 163,759-dwt Sounion (built 2006) was left without power in the Red Sea on …
Seven shadow LNG carriers associated with shipments from Russia’s Arctic projects have been sanctioned by the US on the eve of Ukrainian Independence Day. The US Treasury Department’s Office of …
Hafnia’s Mikael Skov said the company has a “constructive” outlook for the tanker operator’s outperforming LR2 fleet as crude vessels reduce their incursions into the refined products market. The chi
In this episode of the Wavelength podcast, Eric Priante Martin examines Navios Maritime Partners’ financial results and focuses on its debt. Sandra Boga talks to UK Chamber of Shipping director …
VLGC spot rates appear to have reached the bottom of their summer slump, according to the majority of shipowners, analysts and shipbroking researchers polled by TradeWinds. But the winter peak …
Multi-ship newbuilding orders have helped to cement wind propulsion as a key emerging solution in the decarbonisation toolbox. But for it to gain the momentum it deserves, there needs to …
After spending the better part of the week rallying, VLCC rates fell back to earth to close out the week. Clarksons’ fleet weighted average assessment came in at $37,700 per …
A vessel shuttling cargo across the Oslo fjord for grocery chain Asko is set to trial satellite connectivity as it takes a step towards autonomous and unmanned service. The vessel …
The Ukrainian navy has claimed to have destroyed a Russian ferry carrying fuel in the port of Kavkaz, reports Reuters. Unverified footage shows the 4,533-dwt Conro Trader (built 1978) ablaze …
Spot charter rates for modern LNG carriers fell this week leaving market players twitchy about how the traditionally busy winter period for vessels may unfold this year. Brokers said levels …
BW LPG is set to make good money for its investors after the $1bn deal with Avance Gas. On Friday, DNB reinstated a buy recommendation with a share target price …
Several LNG carriers are congregating in the region of Venture Global LNG’s soon-to-start-up Plaquemines LNG plant. LNG ship watchers are pointing to the 174,000-cbm Qogir (built 2020), which loaded
MISC has seen its second quarter net profit surge by 77.5% on the back of a robust performance by its tanker arm. The Malaysian shipowner posted a profit of MYR …
Hafnia will pay a record high dividend after another strong quarter. The BW Group-backed product tanker owner will distribute a total of $207.4m or $0.4049 per share in dividends. “This …
