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Greek tankers are helping to lift Norwegian imports of West African crude to their highest-ever level this month. In June, the 317,900-dwt Angelicoussis VLCC Maran Lyra (built 2010) loaded about …
Container freight rates out of Asia have again soared as liner operators push through a raft of peak season surcharges. And there are few signs of the market cooling as …
A decade has passed in the blink of an eye, former Deutsche Bank shipping analyst Amit Mehrotra reflected in a conversation with Streetwise this week as he prepared to take …
Norway’s Ocean Yield has made its first foray into LNG shipping in a deal with infrastructure fund CVC DIF. The sale-and-purchase specialist, backed by US private equity giant KKR, said …
Greece’s Signal Group has identified a growing trend of spot relet VLCCs gathering off Saudi Arabia as rates to China sink to new lows. The chartering platform said tanker arrivals …
Winning Shipping led the way as a supercharged market saw capesize and newcastlemax dealmaking hit record levels in the first half of 2024. Greek and Japanese players have been dominating …
Maestro Shipping, a Switzerland-based company set up by Jorgen Dannesboe almost 20 years ago, sold its last bulker to the same buyers who also took three others before it. Market …
Nuclear power has the potential to revolutionise shipping by eliminating vessel emissions and the need for a bunkering network, according to a report by class society Lloyd’s Register. The 40-page …
French energy major TotalEnergies has plumped for Spain’s Grupo Ibaizabal to build at least one LNG bunker vessel (LNGBV) for the company following a tender process. Those following the process …
Fearnley Securities has come out with a sweeping upgrade of container shipping as Red Sea diversions continue to boost earnings. The Norwegian investment bank has switched from a “sell” to …
More than one in ten deaths on commercial ships covered by Gard have been attributed to suicide with many of them preventable, according to new data published by the market-leading …
Norwegian investor Joakim Hannisdahl can look back with satisfaction on the first year of operations for his Gersemi Shipping Fund. The Gersemi Asset Management-owned fund posted its 12th consecutive
The shipping stock rally in Oslo continued in the first half of 2024. The Oslo Bors Shipping Index rose 47% during the period. The index has gained about 750% since …
London-listed broker Braemar has awarded share options worth around £1.3m ($1.66m) to its top three executives after surviving a major rebellion on its pay policy. Nil-cost options were granted under
The Angelicoussis Group could be sending up to 45 of the 141 vessels in its fleet for refits at Singaporean yard group Seatrium over the next three years as part …
Paris-based shipowner Louis Dreyfus Armateurs (LDA) has made yet another investment in the offshore renewable energy sector with an order for two 27-metre crew transfer vessels at Strategic Marine. T
If the drive to digitalise shipping seems too techno-optimist for you, listen to RaaLabs. The Wilhelmsen-backed data provider agrees technology can optimise ship operations but disputes the notion th
E&S Tankers has appointed Malte Willer as its new managing director. He will succeed Jan Eghoej, who had held the position for three years, and is set to depart later …
Maersk Supply Service (MSS) chief executive Christian M Ingerslev will step down once the sale of the company to Norway’s DOF Group is completed. The Danish company's parent AP Moller …
Norway’s Eidesvik Offshore has moved a step closer to a world-first in ammonia propulsion. The Norwegian Maritime Authority (NMA) has confirmed the feasibility of the clean fuel system to be …
