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Clarksons Offshore & Renewables has appointed Steve Shin Ryoo as broker and country manager in South Korea. “With a career spanning over a decade in the marine salvage, dredging and …
An Arc4 LNG carrier newbuilding on charter to Russia’s Novatek has completed a laden passage through the Arctic waters of the Northern Sea Route (NSR) to deliver a shipment to …
Claus Winter Graugaard of the Mærsk Mc-Kinney Moller Center for Zero Carbon Shipping passed away from sudden illness on 30 July. He was 51 years old. “Claus was widely recognised …
Intertanko has signed an agreement with Veracity, the DNV cloud platform for digital technologies, to give its members access to reporting tools. The agreement allows tanker operators who use DNV …
VLCC owners have been experiencing the effects of China’s energy transition, coupled with the usual seasonal weakness, this summer, experts say. Changing energy consumption and reduced oil demand are
Norden head of investor relations Stig Frederiksen has left the Copenhagen-listed company after only one year. Frederiksen has joined DSV to take a similar position. “I am happy to share …
Danish energy group Orsted has cancelled its green methanol project citing lack of demand. The Copenhagen-listed green electricity firm had been developing FlagshipOne in Sweden aiming to produce up
Tor Olav Troim’s Himalaya Shipping has been downgraded by DNB Markets amid concerns about rising challenges in the dry bulk market. The Norwegian bank cut its recommendation for the bulker …
An LNG carrier newbuilding has started trading under the ownership of a company linked to Russia’s so-called shadow fleet of vessels as an Indian management company steps in to take …
Norwegian investor Joakim Hannisdahl made a profit from shorting Avance Gas last week as the stock continues to take a beating. His Gersemi Shipping Fund shorted Avance Gas after the …
Japanese shipping giant NYK has opted for low-carbon methanol to fuel its bulk carrier for the first time. Its bulker arm NYK Bulk & Projects Carriers has chartered one newbuilding …
Torm is sticking to the plan when it comes to fleet expansion. Jacob Meldgaard, chief executive at the Copenhagen- and New York-listed product tanker giant, said on Thursday that the …
Pacific International Lines (PIL) is the latest company to have jumped on the container ship newbuildings bandwagon. The Singapore liner announced that it had ordered five LNG dual-fuelled 13,000-teu
China Merchants Energy Shipping (CMES) has put pen to paper on 10 conventional marine-fuelled crude tanker newbuildings at Dalian Shipbuilding Industry Co. The listed shipping company disclosed that
Mitsui OSK Lines is teaming up with Takanashi Milk Products, one of Japan’s top dairy companies, to study the potential for converting animal manure into biomethane. Other participants in the …
Hong Kong-listed Chinese shipowner Seacon Shipping Group expects to make a $9m gain on the sale of a modern ultramax bulk carrier. The company said in an exchange filing last …
Disruptions in the Red Sea and increased investment costs have combined to slash first half net profit at terminal operator DP World by nearly 60%. Interim net profit was $265m …
A Malaysian maritime agency accused of helping a Houthi official mask the original of Iranian cargoes has described the allegations as baseless. The statement to TradeWinds comes after the US …
Spot rates for very large gas carriers have awoken from their summer slumber as a surge in Atlantic market chartering activity fuelled a rebound. Baltic LPG Index ended Friday at …
South Korea’s HMM is wasting little time in spending its profit to grow its fleet. It has spent $60.5m on three 19-year-old feeder container ships. Container ship players said HMM …
