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Bulker owner Taylor Maritime Investments (TMI) is bullish on the prospects for its slimmed-down fleet after slipping into the red for the last financial year. The London-listed company has sold …
John Frederiksen-backed SFL Corp has priced its previously announced underwritten public offering. The New York-listed shipowner sold 8m common shares at $12.50 per share. Shares traded around $13 i
Martin Helweg has left Dubai-based offshore giant P&O Maritime Logistics after nearly eight years at the company, the last four of which he was at the helm as its chief …
Malaysian authorities have seized a dredger ship operated by a foreign crew on claims of illegal sand harvesting. The unidentified dredger was detained by the Selangor division of the Malaysia …
Malaysian authorities have launched an investigation into last Friday’s collision between a Hafnia product tanker and a Chinese-controlled VLCC that has been accused of being part of the dark fleet.
Container terminal operator Hutchison Port Holdings Trust (HPHT) has seen a major jump in first half profits as suppliers brought forward cargo shipments. The Singapore-listed company saw interim pro
A blaze on an AP Moller-Maersk that claimed the life of one seafarer has been extinguished on the fifth day of firefighting. The development has allowed salvors from Smit Salvage …
John Frederiksen-backed SFL Corp said it is planning to sell a stack of new shares in a deal to raise cash that could raise nearly $120m in gross proceeds. The …
Iron ore imports into China continued to increase during the first six months of 2024 providing fuel to a dry bulk market upturn. Chinese iron ore imports rose by 5.7% …
Royal Caribbean Group is expected to top its own profit guidance, and potentially beat Wall Street estimates, in an earnings report scheduled for Thursday as the cruise sector continues a …
A Star Bulk Carriers ultramax looks set for a longer-than-expected stay in the port of Mundra thanks to a cargo dispute that has erupted with an Indian fertiliser importer. An …
Carnival Corp has finalised a deal to order its biggest ships ever in a move that sees the cruise giant stick with LNG as a fuel for its newbuildings. The …
John Fredriksen-controlled SFL Corp has been awarded $27.4m in damages after a UK-based liner shipping newcomer reneged on a container ship charter during the pandemic. Allseas Global Management Limi
Golden Star Ferries, a Greek passenger ship company owned by the Stefanou brothers, has replaced all three vessels it sold in 2021 with younger and more modern tonnage. Its latest …
Yangzijiang Shipbuilding has broken into the red-hot very large ammonia carrier segment with a deal worth around $440m. Sources following the Singapore-listed Chinese shipyard’s activities said it ha
A three-person armed security team successfully shot and destroyed an explosives-filled sea drone seconds before it was on track to hit a containership in the Red Sea, according to online …
Nigeria is to examine crude shortages at refineries due to a conflict between the new Dangote plant and the national oil regulator. A parliamentary committee will also look into the …
A German-controlled cargo ship must pay a financial guarantee over a fuel oil spill off the port of Ceuta, a Spanish enclave in North Africa. Spanish media said the port …
HMM’s thirst for modern bulker tonnage has given Densay Shipping an asset play opportunity with a seven-year old handysize. The Dubai-based company has sold the 36,200-dwt SSI Daring (built 2017) …
America started this week with a dramatically different political landscape: a jolt of enthusiasm for the candidacy of former president Donald Trump after an assassination attempt, followed by the exi
