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Asia’s top container ship players recently took time out to enjoy one of shipping’s most popular golf tournament - The Bengal Tiger Line (BTL) Golf Masters. Hosted by industry veteran …
Navigator Holdings is gearing up for market strength by keeping a higher number of ships in the spot market, as company executives pointed to record operational earnings that reached record …
Shipowner and operator Jaldhi Overseas has booked two very large ammonia carrier newbuildings worth around $240m in total at Jiangnan Shipyard in China. The Singapore-based company, which is part of
The US Treasury Department has blacklisted several ships in a new round of sanctions, including four very large gas carriers whose owner is accused of aiding Lebanon’s Hezbollah. The sanctions …
John Fredriksen-backed Avance Gas has scored a $315m profit from the sale of its very large gas carrier fleet to New York- and Oslo-listed BW LPG. Oystein Kalleklev, chief executive …
Shipowners are failing to make the most out of being in the European emission trading system, according to the hosting site of the bloc’s auctions. The European Energy Exchange hosts …
Bangkok-based Regional Container Lines (RCL) has inked orders for three more 7,000 teu container ships at a total cost of $271.5m. Delivery slated for late 2026 and early 2027, according …
There is a simple reason why Torm CEO Jacob Meldgaard is not worried about softer macroeconomic data that has coincided with a weaker product tanker spot rates during August. It …
John Fredriksen’s Avance Gas is mulling its identity after selling its VLGC fleet to BW LPG in a $1bn deal, which took shape while the rest of the Oslo shipping …
Golar LNG wants to double the operating capacity of its FLNG unit fleet by the end of this decade. Golar chief executive Karl Fredrik Staubo outlined the company’s plans to …
Qatar Navigation says a strong performance in its tanker and gas carrier divisions could not offset a drop in liner and offshore revenues in the first six months. The Doha-based …
After 32 years, Luis Benito has left Lloyd’s Register for Hong Kong ship management giant Wallem. Benito has been appointed Wallem’s business development & marketing director, reporting directly to g
Officers at the UK’s Royal Fleet Auxiliary (RFA) represented by trade union Nautilus International are, as planned, on strike for the first time in the history of the service today. …
A Norwegian tanker crew was taken completely by surprise as their ship grounded on an unknown shoal in the River Elbe in Germany. The incident involving the 16,600-dwt Sten Arnold …
John Fredriksen is selling his VLGC fleet to Andreas Sohmen-Pao in a blockbuster cash-and-stock deal worth over $1bn. The deal sees Sohmen-Pao’s BW LPG splash $1.05bn to acquire 12 VLGCs …
Tor Olav Troim-controlled Golar LNG expects to order the first new design LNG carrier-to-floating LNG (FLNG) production unit this quarter and has lined up a berth to construct a second …
John Fredriksen’s Avance Gas is now mulling its future identity after striking a $1bn deal with BW LPG for its VLGC fleet, which took shape while the rest of the …
The government of Montenegro has bailed out two shipowners unable to pay instalments on bulkers to a Chinese lender. The state will repay an overdue €4.27m ($4.7m) to the Export-Import …
John Fredriksen is selling his VLGC fleet to Andreas Sohmen-Pao in a blockbuster cash-and-stock deal worth over $1bn. The deal sees Sohmen-Pao’s BW LPG splash $1.05bn to acquire 12 VLGCs …
Western Bulk Chartering has had a profitable first half of the year on the back of improved margins on its operated vessels and intends to reinvest in growing its business. …
