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An international court has refused to block Mexico from trying to collect a $96m tax and customs penalty from Belgian group Jan De Nul in a nine-month dispute over a …
Newcomer Hede (Hongkong) International Shipping continues to expand its deepsea container shipping fleet with a benchmark charter for its transpacific service. The 2,741-teu Pona (built 2007) has bee
Cyprus’ much delayed €542m ($587m) floating storage and regasification unit-based import terminal project is to be investigated by the European Public Prosecutor’s Office (EPPO) as the FSRU for the de
Capesize spot rates are on course for a month-long rout as July comes to an end, sinking to their lowest in four months. Baltic Exchange assessments of average capesize rates …
Saudi Arabian state shipping company Bahri posted a 48% year-on-year increase in its second-quarter profit on an improved VLCC market. The Riyadh-listed group said its net profit increased to SAR …
An oil tanker sanctioned by the US appears to be headed to China via the Northern Sea Route in a sign of how Russia’s growing fleet of blacklisted vessels could …
The VLCC market continued to improve across all regions this week, aided by higher rates on the Middle East Gulf to China route. Latest VLCC rates are up 35% on …
Divers sealed leaks on a sunken oil tanker off the coast of Philippines over the weekend as salvors prepared to pump out its cargo. Divers from Harbor Star Shipping Services …
A second LNG carrier with links to an unknown Dubai-based company has moved through the Red Sea and Suez Canal while almost all vessels in this sector avoid the area …
Sometimes you just know when the time is right for change. That moment has been approaching for outgoing Ardmore Shipping chief executive and founder Anthony Gurnee for some time. Speaking …
John Fredriksen- and Trafigura-backed bunkering joint venture TFG Marine is teaming up with a Singapore fueling giant on bunker tanker newbuildings. TFG announced on Monday a deal with Consort Bunker
Subsea 7’s Subsea Integration Alliance joint venture has inked a deal to work on a UK North Sea oilfield. The Oslo-listed, Kristian Siem-backed company announced on Monday a contract worth …
Eastern Pacific Shipping has stacked up its product tanker orderbook with LR2 vessels. Eastern Pacific is said to have set its sights on controlling a “50-vessel product fleet”. It currently …
Ardmore Shipping founder and chief executive Anthony Gurnee has enjoyed many different roles in his maritime career and has been guided by one simple rule. “If you’re not having fun …
Hong Kong-listed Seacon Shipping is adding two chemical tankers to its growing fleet. The Chinese shipowner and operator has bareboat chartered two 18,500-dwt chemical tanker newbuildings from YingXi
Rescue workers have recorded the fire-ravaged hull of the large crude carrier involved in a collision with a second tanker close to the entrance of the Singapore Strait. Video footage …
Divers sealed leaks on a sunken oil tanker off the coast of Philippines over the weekend as salvors prepared to pump out its cargo. Divers from Harbor Star Shipping Services …
Taiwan’s Yang Ming Marine Transport Corporation has a new chairman. Professor Feng-Ming Tsai takes up the role at the liner giant with immediate effect, replacing former Citi economist and ex-deputy
The 13,800 dwt bulk vessel Ultra Galaxy (built 2008) which grounded off South Africa after being abandoned by its crew has now broken into four parts following severe weather. The …
Clearlake Shipping, the ship chartering arm of commodity trader Gunvor, is being linked with more long-term charters of modern tanker tonnage. The company, one of the largest tanker charterers in …
