Fewer tankers have been changing hands this year in a more opaque sale and purchase arena, according to Greece’s Xclusiv Shipbrokers. The Athens shop tallied 97 vessels sold between January and March, ...

Medium pressure LCO 2 carriers are already in operation with the most recent pair of ships, the 7,500-cbm Northern Pioneer and Northern Pathfinder (both built 2024), due to start work this year for ...

Barska, also known as Montenegro Lines, took out a state-guaranteed $46.4m loan from China Eximbank in 2012 for the purchase of two 35,000-dwt handysizes delivered in 2014 from CSC Jinling Shipyard in ...

Wilson ASA has started to use wind-assisted propulsion on a route for the Norwegian aluminium producer Hydro. The newly refitted 4,766-dwt Wilson Eyde (built 2012) will transport pitch, which is used ...

The company's 2024 annual report reveals a deal has been struck to acquire its second such vessel, after the Nasdaq-listed owner agreed to pay its CEO $20m for the 47-metre, 500-gt Pare Bellum (built ...

Changing demand patterns have resulted in some rare voyages for Greek product carriers. Shipping data shows three LRs have moved fuel oil cargoes from Argentina to the US for the first time since ...

Its shares, which began trading on the New York Stock Exchange on 1 May, have outperformed all other US-listed cruise companies since, with Hagen adding $7.9bn to his wealth, leapfrogging up the ...

Stolt-Nielsen chief executive Udo Lange has built his shareholding in the chemical tanker group after steep price falls this year. A filing to the Oslo Stock Exchange shows the boss bought 5,000 ...

“With ~90% of days fixed for 2025 and 2026, and a cash balance of 11 times its ‘regular’ quarterly dividend, Flex LNG’s $0.75 DPS looks insulated from market storm, offering a compelling 14% yield,” ...

Businesses involved in cutting-edge shipping technology are at high risk of being targeted by state-backed cyber spies, a Norwegian player has warned. The Nordic Maritime Cyber Resilience Centre ...

Sapang Shipping’s 105,000-dwt crude carrier Argent (built 2005) departed the Indian port of Sikka late on Monday after High Court of Gujarat in Ahmedabad judge Mauna M. Bhatt lifted an arrest warrant ...

Sapang Shipping’s 105,000-dwt crude carrier Argent (built 2005) departed the Indian port of Sikka late on Monday after High Court of Gujarat in Ahmedabad judge Mauna S. Bhatt lifted an arrest warrant ...