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New York-listed International Seaways missed analyst earnings expectations in a quarter marked by lower year-over-year hire rates for its tankers, and has guided to lower spot rates in the current …
Cosco Shipping Specialised Carriers is expanding its presence in the asphalt and bitumen carrier segment with an order for four newbuildings. The Chinese company has struck a deal with compatriot …
Australia’s Venice Energy is in talks to secure a “major international balance sheet partner” for its much-delayed LNG import terminal. The Adelaide-based company has begun “formal negotiations” with
Pundits have been blaming fears of a US recession for stock market plunges in recent days. This unseen threat, like a troll lurking under a bridge, is waiting to pounce …
The widely reported sale of an MR2 tanker by Navios Maritime Partners last month was probably not a one-off. Two weeks after TradeWinds reported that Navios principal Angeliki Frangou obtained …
UK shipbroker EA Gibson is getting its staff on to bikes and into running gear to raise money for a new school in Kenya. The company is partnering with ChallengeAid …
If Connecticut gas player Dorian LPG winds up buying a VLGC or two — or three — sometime in the coming months, harken back to a key financial decision executed …
The last barriers for completion of Africa’s largest mining and infrastructure project have been removed, with capesize owners set to receive a boost. The $15bn Simandou scheme in Guinea has …
Dubai-based fertiliser trader and distributor FertiStream has hired a seasoned dry-cargo man to head up its freight activities. Srinath Venkateswar started as managing director of the division on 1 A
Pundits have been blaming fears of a US recession for stock market plunges in recent days. This unseen threat, like a troll lurking under a bridge, is waiting to pounce …
Shipowners appear to be expecting a ramping up of hostilities between Israel and Lebanon after a week of rising tensions. Speculation has centred on the possibility of a full-blown conflict …
Yang Ming Marine Transport continues to renew its management team. Taiwan's second-largest liner company has promoted Cliff Pai to the role of president with immediate effect. Pai is a 40-year …
A first shipment appears to have left Russia’s sanctioned Arctic LNG 2 plant onboard an LNG carrier identified as part of a new shadow fleet being built up to serve …
Ardmore Shipping can easily fund fleet growth, according to Clarksons Securities. The investment bank argues a combination of falling debt and breakeven levels, plus untapped financing reserves, leav
The Panama Canal announced it will allow ships with a bigger flotation depth to cross, as part of an ongoing, post-drought normalisation of traffic. As of late Tuesday, vessels with …
Big earnings advantages are still on offer for VLCCs fitted with scrubbers, despite a narrowing of the price gap between high-sulphur bunker fuel and very low-sulphur fuel oil. UK shipbroker …
All of Stainless Tankers ships are now in the Womar pool at the end of a profitable second quarter. The Oslo-listed chemical tanker owner started last year with the intention …
Pundits have been blaming fears of a US recession for stock market plunges in recent days. This unseen threat, like a troll lurking under a bridge, is waiting to pounce …
The Panama Canal announced it will allow ships with a bigger flotation depth to cross, as part of an ongoing, post-drought normalisation of traffic. As of late Tuesday, vessels with …
Big earnings advantages are still on offer for VLCCs fitted with scrubbers, despite a narrowing of the price gap between high sulphur bunker fuel (HSFO) and very low sulphur fuel …
