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DHT Holdings revealed a slump in the New York-listed tanker company’s vessel earnings in the seasonally slow third quarter and confirmed that it locked in a time charter before the …
Connecticut-based Dorian LPG has handed out higher cash bonuses to its executive management team while also approving increases in their base salaries. Chief executive officer John Hadjipateras leads
Foremost Group celebrated its anniversary 60 years after chairman James Chao founded what would become the largest private bulker owner in the US. Chao and his family were joined by …
The three top staff on Oldendorff Carriers’ cargo desk have resigned, TradeWinds has learned. Slawomir Ratajewski, Cedric Weber and Thomas Hansen handed in their resignations at the German owner-oper
While takeover deals for public shipping companies often see top management head for the exit door, that is not the case in Saltchuk Resources acquisition of Overseas Shipholding Group. OSG …
NRP Premium Maritime Fund has paid out $12.8m to its investors. “After another strong quarter, during which three more vessels were committed for sale, the fund distributed $12.8 million in …
Evangelos Marinakis’ Capital Maritime & Trading has swooped for a modern Berge Bulk newcastlemax at an attractive price in a tricky secondhand market. Shipbroking sources reported the 210,900-dwt Ber
Pilotage and bridge operations have come in for criticism following the grounding of a BW Group-owned bulker in Australia. A report by the Australian Transport Safety Bureau (ATSB) found that …
Dozens of containers have been lost from an ultra-large container ship operated by French liner operator CMA CGM in rough weather off the coast of South Africa. The 17,859-teu CMA …
The new UK government has appointed Mike Kane as its maritime minister, succeeding Lord Byron Davies of Gower. Kane was appointed parliamentary under-secretary of state for maritime and security at …
Canada’s newly extended Trans Mountain pipeline (TMX) has changed the tanker market in just six weeks, but a full rate “bonanza” may be some time away yet, analysts and brokers …
A cluster of tankers in an anchorage off the Russian port of Ust-Luga includes six aframaxes hit by Western sanctions — a number that could grow as they struggle to …
US Gulf tanker operations are recovering after the region took a pounding from storm Beryl over the weekend. The Texas port of Houston re-opened on Wednesday, after restrictions were put …
Stolt-Nielsen seemed to satisfy analysts with its second-quarter result but that did not keep its shares from taking a battering on the Oslo Stock Exchange on Thursday. Analysts from DNB …
Shipping’s fuel price sensitivity adds to the availability concerns weighing on the uptake of methanol-fuelled newbuildings as orders decelerate. TradeWinds has reported that Clarksons data showed al
Tens of containers have been lost from an ultra-large container ship operated by French liner operator CMA CGM in rough weather conditions off the coast of South Africa. The 17,859-teu …
Boxship sale-and-purchase deals surged in the first half of the year. More than half a million teu of container tonnage changed hands in the first six months, analyst Alphaliner estimates. …
China’s role as the key driver for increasing global oil demand is fading with other emerging nations coming to prominence, according to the International Energy Agency (IEA). The world’s largest …
There can be few lonelier places in the world than the deck of a burning oil tanker in the Red Sea with help hours away. That was the position of …
Maersk chief executive Vincent Clerc argues that Europe “must be bolder” in its green energy transition if it wants to succeed against the growing competition from China and the US. …
