10000 results
Turkish state-owned energy company Botas is expected to declare a purchase option on a floating storage and regasification unit it has been chartering from India’s Swan LNG. On Wednesday parent …
Gianluigi Aponte’s enormous appetite for newbuildings has continued with an order for 18 large vessels at shipyards in China, sources say. It extends a remarkable investment run for his MSC …
Norwegian investor Joakim Hannisdahl has gone all-in on shipping after the broader equity rout in recent weeks. His Gersemi Shipping Fund experienced the first month of negative returns since incepti
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 …
The largest ship sold for recycling so far in 2024 is about to arrive in the Danish port of Frederikshavn. It will be recycled by the European arm of Louisiana-headquartered …
The Norwegian sovereign wealth fund sold tanker and gas stocks during the first half of the year. The Government Pension Fund Global offloaded stakes in DHT Holdings, Dorian LPG and …
AP Moller-Maersk is considering adding nuclear energy to the mix of fuel choices. Having pivoted away from methanol towards LNG dual-fuel vessels, the Danish liner giant has teamed up on …
Operations have started to transfer fuel oil from a tanker that sank in a typhoon off the Philippines at the end of July. About 1.4m litres went down with the …
Oslo-listed 2020 Bulkers has turned into a “resilient cash machine” after completing a rejig of its balance sheet, Clarksons Securities believes. In the second quarter, the Tor Olav Troim-backed owne
The Chinese government has reportedly admitted that a domestically owned container ship damaged a key Baltic Sea gas pipeline last year. An internal investigation by Chinese authorities concluded tha
Oslo-listed shipping conglomerate Wilh Wilhelmsen Holding has boosted earnings thanks to a big takeover deal and continuing cash flows from car carrier investments. The Norwegian ship management and
STAX Engineering has signed a pioneering deal to provide mobile carbon capture services to tankers calling at Shell’s Mormon Island terminal in Los Angeles. The US company has entered into …
Torm’s first half strength has the company confident as it heads into the back half of 2024. The Copenhagen-based product tanker owner said on Thursday that it has 68% of …
The largest ship sold for recycling so far in 2024 is about to arrive in the Danish port of Frederikshavn. It will be recycled by the European arm of Louisiana-headquartered …
The Norwegian sovereign wealth fund sold tanker and gas stocks during the first half of the year. The Government Pension Fund Global offloaded stakes in DHT Holdings, Dorian LPG and …
Navigator Holdings has reported a 12.7% dip in its second-quarter profit despite a jump in revenue. The New York-listed gas carrier owner, whose ships trade under the brand Navigator Gas, …
Taiwan’s Wan Hai Lines is pushing forward with an array of newbuilding projects. The liner company is in discussions with shipyards in South Korea for a series of 15,000-teu newbuildings …
Jefferies has upgraded shares of Flex LNG as $430m in refinancing deals bolstered its balance sheet’s ability to continue paying shareholders. But the US investment bank is not yet ready …
SFL Corp has locked in $981m in loans and operating leases as it adds to growing acquisition power and refinances debt. The new deals were announced in an earnings report …
In September, Pakistani seafarer Muhammad Pahlawan allegedly began telling people that he was the captain of a small vessel called the Yunus, named after one of his new employers. US …
