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Italy’s d’Amico International Shipping (DIS) has reaped the rewards of the best quarterly spot rates in its history. The Milan-listed company logged a net profit of $66.5m in the second …
The loss of containers from a violently rolling Zim-operated container ship has highlighted gaps in training for seafarers to deal with such rare events, according to a Canadian investigation. The …
Dorian LPG is ready to reshape its fleet after a share sale two months ago that raised about $100m. The a US-listed owner and operator of 25 large LPG carriers …
One of shipping’s leading adopters of exhaust-gas scrubbers appears to have little interest in the cleaning devices going forward. Cameron Mackey, the architect of Scorpio Tankers’ massive scrubber p
Insurance tech company Insurwave has struck a deal with maritime security company Ambrey Analytics to add detailed threat data to its online ship-tracking platform. Users of the platform will be …
JP Morgan Asset Management has added to its considerable maritime holdings with the acquisition of the company behind US-flag operator Schuyler Line Navigation. JP Morgan announced on Thursday that i
Eastern Pacific Shipping has placed the first order for a new type of vessel — the ultra large ethane carrier (ULEC) — as it sights an initial fleet of up …
Forget about how El Nino and La Nina may affect dry cargo exports — the relationship with trade volumes and freight rates is minimal, Arrow Shipbroking says. Market watchers should …
A new study has found that in one year US LNG exports have saved 112 million tonnes of greenhouse gas emissions when compared to the fuels that would have replaced …
Greek shipowner Costamare is taking a measured approach to bulker purchases despite vast cash reserves and is ready to move quickly for the right deal. Konstantinos “Costis” Konstantakopoulos-backed
Liner companies have updated a proposal made earlier this year for a market-based measure for shipping emissions. It has the backing of major container lines such as CMA CGM, Hapag …
JP Morgan Asset Management has added to its considerable maritime holdings with the acquisition of the company behind US-flag operator Schuyler Line Navigation Company. JP Morgan announced on Thursda
Teekay Tankers, an owner and operator of 54 tankers, posted a robust but sliding profit in the second quarter while maintaining a bullish outlook for its market. Net income at …
West is to become the first of the big 12 protection and indemnity clubs to set up an office in Dubai as the city becomes an increasingly important shipping centre. …
Canada’s Teekay Tankers purchased a modern aframax tanker from Union Maritime, adding youth to its fleet after offloading four older vessels. In its earnings announcement late on Wednesday, the New …
German liner owner and operator Hapag-Lloyd has joined the crush of owners at shipyards looking to book space for container ship newbuildings, with a large enquiry for up to 30 …
Greek shipowner Costamare is taking a measured approach to bulker purchases despite vast cash reserves and is ready to move quickly for the right deal. Konstantinos Konstantakopoulos-backed Costamare
Australian fast ferry builder Austal is set to build a trimaran cargo vessel that will virtually eliminate all greenhouse gas emissions. The company said in a statement that it has …
Vietnamese shipowner Asia Pacific Shipping has contracted two Chinese shipyards to build stainless steel chemical tanker newbuildings worth about $200m. Industry sources said the Hanoi-based company
Australian fast ferry builder Austal is set to build a trimaran cargo vessel that will virtually eliminate all greenhouse gas emissions. The company said in a statement that it has …
