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Oil has been spotted in the water from a possible bunker leak following a collision between two tankers in the South China Sea , says Gard. The Norwegian protection and …
London-listed shipping fund Tufton Oceanic Assets is looking to reinvest its surplus cash made from the recently completed sales of its two handysize tankers. The company outlined it had up …
Clean tanker demand may take a hit next year as fleet growth picks up and the Red Sea crisis eases, Clarksons Research believes. In its latest tanker report, the UK …
Trafigura Group has bought Norwegian owner Gearbulk Holding’s 50% share in its joint venture company High Heat Tankers (HHT). The price for the Singapore-based asphalt and bitumen tanker pool has …
Kyriakou family-controlled Greek shipowner Athenian Sea Carriers has extended a series of chemical tanker newbuildings in China. The company has inked two IMO type 2/3 handysizes at Wuchang Shipbuild
Norwegian dry-cargo operator NorLat Shipping has been bought out by Norden, which is aiming to expand its projects and parcelling business. Norlat specialises in carrying sawn timber from Baltic and
A Ukrainian drone attack started a fire at a Rosneft-owned oil refinery at the Russian Black Sea port of Tuapse, according to Russian reports. Ukrainian drone strikes have hit the …
The increasing likelihood of a political regime change in the US is creeping into the mindset of equity analysts as listed shipowners prepare to report earnings for the second quarter …
US law firm Squire Patton Boggs (SPB) is beefing up its European shipping operations with a new office in Geneva, Switzerland. The company’s seventeenth European office is being run by …
Greek shipowners and business investors Dimitris Bakos and John Kaimenakis are about to establish themselves as prominent players in their country’s banking system. Pankritia Bank, the small Greek le
Greek tanker owner Top Ships has branched out into a new charter market: luxury yachts. The US-listed owner of eight modern crude and product vessels said a wholly-owned subsidiary is …
China-Japan International Ferry (ChinJiff), a subsidiary of Chinese shipping giant Cosco, has sold its oldest ropax for recycling. The sale of the 14,400-gt Su Zhou Hao (built 1992) came in …
Greek shipowners and business investors Dimitris Bakos and John Kaimenakis are about to establish themselves as prominent players in their country’s banking system. Pankritia Bank, the small Greek le
The Malaysian Maritime Enforcement Agency (MMEA) has seized the Chinese-controlled VLCC that did a runner after being involved in a collision with a Hafnia-owned LR1 tanker in the South China …
Woodside Energy Group has agreed to acquire troubled US LNG export project developer Tellurian for around $900m in a move it described as “expanding [its] position as a leading independent …
The fire that broke out on an AP Moller-Maersk container ship last Friday has claimed the life of one of its crew. The Danish liner giant and the Panama Maritime …
US-listed New Fortress Energy has produced its first volumes of LNG from its offshore facility off Altamira over a year later than originally planned. The company said in a statement …
Yemen’s Houthi rebels carried out a rare strike on an Israeli target by the Mediterranean Sea, only to see their own port of Hodeidah go up in flames a day …
Another of Singapore’s distressed offshore support vessel owners and operators looks set to return to profit this year. Singapore-listed CH Offshore said in a regulatory filing that it expects to …
Malaysian authorities have reported that the Chinese-controlled VLCC Ceres I that caught fire after colliding with a Hafnia-owned LR1 tanker in the South China Sea has gone dark and disappeared …
