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The Indian Navy has rescued nine of the seafarers who went missing from a small tanker that capsized off the coast of Oman, but another of the mariners has been …
French liner giant CMA CGM says it will ‘revolutionise shipping’ through a strategic partnership with tech giant Google. The world’s third-largest liner said the two partners would accelerate the int
The shortage of deliveries of the biggest crude tankers and improving Chinese demand are key factors for VLCCs to join a rates super cycle in 2024, Tankers International says. With …
The suezmax market has skipped the summer entirely. Rates for the tanker asset class remain high and have largely avoided the seasonal downturn typically associated with the northern hemisphere’s war
Stress, fear, trauma, and PTSD. Seafarers going through the Red Sea and facing the risk of terrorist attacks are building up possible mental health problems, according to psychologists who are …
London-headquartered shipbroker Affinity (Shipping) has logged lower profit for 2023 in weaker shipping markets. The private company continued its expansion in 2023, with new businesses starting in t
London shipbroker Affinity (Shipping) has continued its investments in shipowning in a fresh deal with serial entrepreneur Tor Olav Troim. The broker’s 2023 accounts filed to the UK’s Companies House
Unifeeder has announced the departure of its group chief executive Jesper Kristensen, who has led the company for 17 of the 34 years he has been with it. Kristensen has …
Erasmus Shipinvest has unveiled a fresh string of acquisitions as it pushes ahead with plans to grow its fleet of small boxships and gas carriers. The Athens-based company confirmed three …
Maersk says ports as far away as Australia are being impacted by events in the Red Sea as the disruption to its liner services extends beyond trade routes between the …
A new study by an interdisciplinary team of researchers from the Massachusetts Institute of Technology (MIT) has raised questions on whether ammonia as a marine fuel is really as ‘green’ …
Ocean Network Express (ONE) has supercharged an order for methanol-fuelled newbuildings at a time of intense investment in new container ships. It has returned to China’s Jiangnan Shipyard and Yangzi
The Houthis have made several claims that the Yemen-based militant group has targeted ships in the Mediterranean — but without evidence that a strike has taken place. Maritime security experts …
The seller of the first product tanker in the fleet of New York-listed OceanPal is a private tanker company owned by one of its directors, Ioannis Zafirakis. The Palios family-controlled …
Vale, the engine of the Brazil-to-China capesize bulker trade, saw its iron ore production increase in the second quarter and is confident it will reach the high end of its …
The Indian Navy has rescued nine of the seafarers who went missing from a small tanker that capsized off the coast of Oman, but another of the mariners has been …
Shipowner Purus Marine has boosted its leadership ranks with the hiring of former K Line executive Tomoyuki “Tomo” Okawa. The Japanese shipping veteran has been appointed as a senior advisor …
Dockworkers at ports across a major swathe of the US coastline are signalling that they could strike, raising the spectre of supply-chain constraints in the container sector when the existing …
Shipping could rack up €1.35bn ($1.46bn) in penalties in 2025 under the incoming FuelEU Maritime regulations, with a potential new market emerging for the sale and purchase of surplus energy …
An English court has backed an insurance underwriter refusing to pay out on a $47m grounding claim in the Solomon Islands after the charterer held responsible for the 2019 casualty …
