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Dangerous weather conditions off South Africa have stopped all container ships heading around the Cape of Good Hope. Data from LSEG Shipping Research shows not a single vessel has passed …
The Ultrabulk-controlled multi-purpose general cargo ship Ultra Galaxy (built 2008) has been wrecked on the inhospitable west coast of South Africa. The 13,800-dwt vessel has grounded on the shorelin
DNB Bank's loans in the shipping sector increased to NOK 36.1bn ($3.4bn) in the second quarter. At the end of the first quarter, the loan book was NOK 33.6bn. The …
Inui Global Logistics says it has made a JPY 968m ($6m) gain from the sale of one of its older handysize bulk carriers. While the JSX-listed handysize specialist did not …
Middle Eastern shipowner Adnoc Logistics & Services (Adnoc L&S) is offering one of its steam turbine LNG carriers for sale within weeks of ordering a tranche of newbuildings as it …
The Ultrabulk-controlled multi-purpose general cargo ship Ultra Galaxy (built 2008) has been wrecked on the inhospitable west coast of South Africa. The 13,800-dwt vessel has grounded on the shorelin
Delays for containerships waiting to berth in Singapore have been reduced to “two days or less”, the state-owned terminal operator has claimed. In late May, berthing delays at the world’s …
A fund that pioneered investing through environmental, social and governance (ESG) emphasis has now nearly doubled its stake in a top provider of services to offshore drilling. Larry Fink-led BlackRo
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 …
DHT Holdings has nabbed a rare VLCC time charter, signing a year-long deal with Indian conglomerate Essar. In only the ninth period deal for the largest tankers this year, the …
Greek owner Danaos Corp is adding to its newbuilding tally by placing its seventh neo-panamax container ship order with a Chinese yard. The New York-listed company has ordered an extra …
Boxship sale-and-purchase deals surged in the first half of the year, according to Alphaliner figures. More than half a million teu of container tonnage changed hands in the first six …
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A new digital initiative has been launched to attract more women and young people into the seafaring profession. Backed by the European Community Shipowners’ Associations (ECSA) and the European Tran
It seems as though Anthony Gurnee is bowing out with his Ardmore Shipping at the top. Days after the CEO’s surprise retirement announcement, the Ireland-based product tanker owner has emerged …
A double container ship sale involving Gianluigi Aponte is being closely watched amid anticipation it will set a new price benchmark. Kmarin Group is set to sell two panamax container …
NovaAlgoma Cement Carriers has inked an order for what it claims is the world’s largest cement carrier. The deal with a Chinese shipyard is the owner’s first move for methanol-powered …
HD Korea Shipbuilding & Offshore Engineering has added to its vast order pile with two more VLGCs. The vessels will be built for an unnamed Middle Eastern shipowner at the …
Saltchuk Resources has closed its takeover of Overseas Shipholding Group (OSG) after two-thirds of the New York-listed tanker company’s remaining shareholders agreed to hand over their shares. The $9
Tanker disruption is unwinding in the US Gulf after the key port of Corpus Christi re-opened following restrictions imposed as storm Beryl approached. Vessel activity had been reduced on Saturday …
