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Performance Shipping, a US-listed tanker owner, is busy arranging sale-and-leaseback finance for all three LR2 newbuildings it has under construction in China. The Andreas Michalopoulos-led company s
Four decades ago, Saltchuk Resources was a company focused on two vessels on a back-and-forth run from Washington state to Alaska. Fast-forward to today, and it is a multibillion-dollar maritime …
Four research staff have resigned from Oldendorff Carriers and are rumoured to be joining a new company backed by the owner-operator’s ex-CEO, Peter Twiss. The exits mark the second round …
London-listed shipping fund Tufton Oceanic Assets has handed out a higher dividend payment for the second quarter of 2024. The owner of tankers, bulkers and LPG carriers issued a dividend …
Evangelos Marinakis has made a firm play in the newcastlemax sector by picking up a vessel from a mining company in the secondhand market. TradeWinds reported last week how Marinakis …
A group of five men armed with guns and knives have targeted an Egyptian-flagged bulker in the latest attack in waters off Singapore. The incident involving the 57,300-dwt Wadi Feran …
Video footage posted by the Houthi armed forces on the militant group’s website purports to show a fiery blast on a Stealth Maritime tanker that was targeted by the group. …
A wide circle of Greek shipowners investing in modern bulkers includes a name that has been mainly associated with crude and product carrier. Members of the Peraticos family, founders of …
The recommendation for Stolt-Nielsen shares was raised to buy from hold by Norne Securities. Shares of the Oslo-listed chemical tanker operator have fallen sharply after the second quarter report las
BW Product Services' profit fell in the second quarter. The gas trading division reported an estimated gross profit of approximately $26m for the second quarter, BW LPG said in a …
Violence against seafarers is increasing despite an overall drop in maritime piracy cases in the first half of 2024, the International Maritime Bureau (IMB) said. The IMB said 85 crew …
Pockets of good weather have allowed salvage experts to finally gain access to the grounded wreck on Ultrabulk-controlled multi-purpose general cargo ship that grounded on the west coast of South …
China’s New Times is boosting its shipbuilding capacity to accommodate a surge in orders that has seen it seal $5.7bn in new business. Sources said the Jiangsu-based shipyard has secured …
Pockets of good weather have allowed salvage experts to finally gain access to the grounded wreck on Ultrabulk-controlled multi-purpose general cargo ship that grounded on the west coast of South …
Hong Kong-listed China Development Bank Financial Leasing (CDB Leasing) is seeking to sell another of its panamax bulk carriers through an online auction process. The 81,700-dwt bulker CL Dalian (bui
Pockets of good weather have salvage experts to finally gain access to the grounded wreck on Ultrabulk-controlled multi-purpose general cargo ship that grounded on the west coast of South Africa …
Norwegian expedition cruise company Hurtigruten has fallen foul of UK advertising authorities over claims about the sustainability of its operations. An advertisement for cruise line HX Hurtigruten E
Singapore’s worst oil spill in more than a decade is likely to trigger payouts from the intergovernmental body that compensates victims of pollution damage from high-cost tanker casualties. The 29,90
Video footage posted by the Houthi armed forces on the militant group’s website purports to show a fiery blast on a Stealth Maritime tanker that was targeted by the group. …
OceanPal is breaking into the product tanker space with a mysterious vessel previously linked to Asian buyers. The Palios family-controlled, New York-listed owner said on Tuesday that it had paid …
