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John Fredriksen-controlled SFL Corp has been awarded $27.4m in damages after a UK-based liner shipping newcomer reneged on a container ship charter during the pandemic. Allseas Global Management Limi
Golden Star Ferries, a Greek passenger ship company owned by the Stefanou brothers, has replaced all three vessels it sold in 2021 with younger and more modern tonnage. Its latest …
Yangzijiang Shipbuilding has broken into the red-hot very large ammonia carrier segment with a deal worth around $440m. Sources following the Singapore-listed Chinese shipyard’s activities said it ha
A three-person armed security team successfully shot and destroyed an explosives-filled sea drone seconds before it was on track to hit a containership in the Red Sea, according to online …
Nigeria is to examine crude shortages at refineries due to a conflict between the new Dangote plant and the national oil regulator. A parliamentary committee will also look into the …
A German-controlled cargo ship must pay a financial guarantee over a fuel oil spill off the port of Ceuta, a Spanish enclave in North Africa. Spanish media said the port …
HMM’s thirst for modern bulker tonnage has given Densay Shipping an asset play opportunity with a seven-year old handysize. The Dubai-based company has sold the 36,200-dwt SSI Daring (built 2017) …
America started this week with a dramatically different political landscape: a jolt of enthusiasm for the candidacy of former president Donald Trump after an assassination attempt, followed by the exi
Hafnia says it is working with Malaysian and Singaporean authorities to develop a safe towage plan for its product tanker that was involved in a collision with a Chinese-owned VLCC. …
Tanker owners will face a complex picture as they navigate the potential effects of hurricanes in the US Gulf. Gibson Shipbrokers said it has been fielding enquiries from clients about …
Protection and indemnity provider West of England has warned it could be blocked from paying out in the event of a collision involving a vessel covered by sanctioned Russian insurer …
Abu Dhabi-based Adnoc Logistics & Services’ joint venture with Wanhua Chemical Group AW Shipping has confirmed a huge $1.9bn order. The deal spans up to 13 supersize ethane carriers and …
The new owners of Singapore container line SeaLead have appointed a new board. The company has appointed Suleyman Avci as global chief executive officer tasked with overseeing strategic growth. Avci
Chinese bulker owner and operator Fujian Guohang Ocean Shipping Group has returned to Jiangsu Haitong Offshore Engineering Equipment for bulker newbuildings. The company has commissioned the shipyard
A Star Bulk Carriers panamax bulker that is two decades old and was once the target of a Houthi attack has reportedly scored what one shipbroking house has described as …
No one was surprised that the talk at the John T Essberger centenary celebration focused on who would lead the shipping company going forward. The patriarchs, Eberhart and Heinrich, are …
Thirty people floating in a life raft in the Mediterranean have been rescued by the crew of an International Seaways-owned, Anglo-Eastern-managed suezmax tanker. The 158,000-dwt Seaways Sabine (built
India’s Great Eastern continues to renew its fleet with the disposal of an elderly MR product tanker. The Mumbai-headquartered company said the 51,000-dwt Jag Pranav (built 2005) has gone to …
Hong Kong has become vital to Russia’s efforts to evade sanctions by providing a “safe haven” for blacklisted shipowners to operate beyond the reach of western regulators, according to a …
NYK Line has significantly revised its profit forecasts for the financial year due to the impact of the prolonged Red Sea crisis on vessel earnings. The Japanese shipowner now expects …
