Major Japanese shipowner K Line is closely watching 2025’s new world order as it exceeds profit targets. Chief executive ...
Union Maritime’s website states it has 49 newbuildings on order including 15 LR2 tankers, a dozen MR tankers, two handysize bulk carriers, DSOC’s handysize product carriers and chemical tankers.
Golar LNG’s, BP-chartered floating LNG (FLNG) production unit Gimi looks set to produce a long-awaited first cargo this ...
Turkey’s Karadeniz has been named as the buyer of a 17-year-old steam turbine LNG carrier from Japanese shipowner NYK.
Zim Integrated Shipping Services blazed a trail as the best-performing shipping stock in 2024 as container shipping proved ...
The US has another massive package of sanctions ready to go in a bid to curb Russia’s oil revenue, sources have told Reuters.
Norwegian shipping investor Kristian Siem bought the childhood home of bankrupt former billionaire and shipping heir Petter ...
rising sea levels threaten to overwhelm 13 of the world’s most important tanker ports, a new report has warned. Research by ...
“It compares to the second-largest [month-on-month] decline recorded during the 2008 financial crisis, when rates fell by $22 ...
Wenaas will receive NOK 20.50 per share from EnTrust Global as its December takeover offer progresses.This is worth NOK 373m ...
Taiwan attempted to intercept a Chinese-owned ship believed to be responsible for damaging an undersea cable close to its northeast coast. Telecoms company Chunghwa Telecom reported the break in the ...
In March, Venture Global detailed that it had locked in a fleet of nine LNG carrier newbuildings — six 174,000-cbm and three ...