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The shipping industry’s take up of energy saving technologies (ESTs) continues to be limited, according to latest data from Clarksons. While at least 33% of the fleet in gross tonnage …
A Chinese bulk carrier came within 200 metres of grounding in Australia’s Great Barrier Reef when a GPS unit provided false data. A probe by the Australian Maritime Safety Bureau …
Diana Shipping has reached a $167m loan deal with Nordea that will allow it to pay down previous borrowings backed by nearly a third of its vessels. The New York-listed …
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 …
A Chinese bulk carrier came within 200 metres of grounding in Australia’s Great Barrier Reef when a GPS unit provided false data. A probe by the Australian Maritime Safety Bureau …
South Korean shipbuilder Hanwha Ocean has boosted its first half financial results by pulling in high-value LNG carrier orders. Disclosing figures for the first six months of 2024, the yard …
A Great Lakes bulkers was damaged in a grounding last year after its captain took on too many responsibilities at once. The US National Transportation Safety Board (NTSB) said the …
GEFO Shipping Group of Germany has inked a newbuilding order for up to four stainless steel chemical tankers in China. The deal comprises two 7,900 dwt ice-class 1A tankers and …
AP Moller-Maersk has agreed to settle a case with the US government after challenging an investigation into a US subsidiary’s firing of a purported whistleblower, but is standing by its …
Brazilian miner Vale saw its second-quarter net profit jump to $2.77bn on the back of higher iron ore sales, triple the earnings in the same period last year despite a …
A former Russian-controlled tanker remains detained in the UK, six years after being hit by a research ship. The 2,800-dwt Tecoil Polaris (built 1990), since renamed Arves Oil, has been …
Dorian LPG has been raised to “buy” by Fearnley Securities. “Considering a sound outlook for the second half and 2025 coupled with strong distributions, we upgrade Dorian to Buy,” analyst …
Shipping companies should avoid crew changes for at least three days after Sunday’s presidential vote in Venezuela, amid fears of violence if Nicolas Maduro fails in his latest re-election bid, …
Spot rates on container trades out of Asia continue to fall despite the onset of peak season as lines respond to strong demand by reinstating or launching new services. The …
Greek shipbroker Optima Shipping Services has formed a strategic partnership with Norwegian software company Metizoft to beef up its eco consulting services. The partnership project was led by Optima
MSC has said it will not consider using the Northern Sea Route as an option to link Europe and Asia despite disruption on other options. Bud Darr, the liner company’s …
Brazilian miner Vale saw its second-quarter net profit jump to $2.77bn on the back of higher iron ore sales, triple the earnings in the same period last year. Iron ore, …
Bureau Veritas has increased its earnings from shipping as new orders roll in. The classification society’s chief executive, Hinda Gharbi, said it had been drawing on a healthy and growing …
Shipping’s use of exhaust gas scrubbers to cut emissions could be banned for breaching human rights legislation if green lobby groups get their way. Led by Friends of the Earth …
China’s Hudong-Zhonghua Shipbuilding confirmed it has received an order for an LNG bunker vessel (LNGBV) from French energy major TotalEnergies. The shipbuilder said the vessel — its 100th LNG newbui
