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An elderly Turkish cargo vessel has been banned in Europe after failing a third safety inspection in the last two years. The Paris Memorandum of Understanding on Port State Control …
Hafnia says that 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 …
The dry bulk market faces potentially fewer shipments of coal to China for the remainder of 2024 after significant improvements in the country’s hydro power generation, according to SSY. Severe …
Hot on the heels of its big-ticket sale of eight product tankers to Torm last week, Sinokor Merchant Marine is now being tied to a deal worth close to $140m …
Yangzijiang Shipbuilding has broken into the red-hot very large ammonia carrier segment with a deal worth around $440m. Industry sources following Yangzijiang’s shipbuilding activities said the Singa
The owner of a small product tanker claims its crew of 12 has been jailed in Iran after the vessel was seized by a powerful branch of the country’s military. …
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 …
Genco Shipping & Trading is reported to have sold a 16-year-old capesize bulker in an active sale-and-purchase market that one broking house described as giving buyers their pick of a …
MSC Mediterranean Shipping Company has retained its status as the most active recycler of container ships this year despite selling only a handful of vessels. The Swiss liner giant hived …
Angeliki Frangou-led Navios Maritime Partners has reportedly divested its second tanker on the sale-and-purchase market this year, continuing the ongoing renewal of its giant fleet. The 50,500-dwt MR
A senior member of one of Greece’s best-known shipping families, with a career spanning several decades on three continents, died on Sunday. Spyros M Polemis, principal of London-based Seacrest Shipp
South Korean shipbuilder HD Hyundai Heavy Industries has appointed its first overseas employee to site team leader. In a social media post entitled “The first foreign site leader born”, HD …
Anglo-Dutch owner Carisbrooke Shipping Holdings maintained a strong operating performance in 2023 despite ship sales swelling earnings in the previous year. Results filed at Companies House in the UK
The boss of UK shipbuilder Harland & Wolff has resigned after failing to secure financial support from the government. Harland & Wolff, builder of the Titanic, said that CEO John …
Shipping companies operating in the Red Sea should carry out full security reviews of their onboard armed teams after the failure to stop a bomb-laden sea drone hitting a bulker, …
Greek shipowner Danaos Corp has concluded a series of forward charters with Cosco Shipping Lines in a deal that indicates the ongoing strength of the container ship charter market. The …
DOF Group is asking shareholders to add two Maersk executives to its board as it moves forward with its $1.1bn acquisition of Maersk Supply Service. The company wants to add …
South Korean shipbuilder HD Hyundai Heavy Industries has appointed its first overseas employee to site team leader. In a social media post entitled “The first foreign site leader born”, HD …
London shipbroker Affinity (Shipping) has more shipping investment irons in the fire following its involvement in launching Tor Olav Troim’s new VLCC company. The company has a 24.19% stake in …
Poten & Partners is tipping the MR tanker sector to stay strong amid a spate of sale and purchase deals. The shipbroker’s head of tanker research, Erik Broekhuizen, said secondhand …
