“If a deal is done, it would probably be along the lines of the Kuwaiti investment in the Nghi Son refinery. In exchange for ...

A US federal judge in New York is weighing requests for a judgment in a three-year court fight between Borealis Maritime and ...

Malaysian subsea shipowner OMS Group has embarked on a major fleet renewal with a newbuilding deal in the Netherlands.

While there has not yet been a major oil spill from a shadow fleet accident, Sivertsen cited the case of the Gulfstream, a ...

Chartering and trading giant Gunvor has closed its first ever private placement of bonds in the US. The Swiss group said the ...

Spot charter rates of modern two-stroke LNG carriers crashed to historic lows at the end of last week, despite a slight ...

The new CEO of the London P&I Club starts work on Monday as disputes over two of its largest-ever claims return to the ...

The country's foreign minister Badr Abdel Aati said drastically reduced Suez Canal transits have cost $6bn in missing revenue ...

Charterers were also able to grab the upper hand in the suezmax market, pushing down average earnings 3% to $44,795 per day, ...

Christian M Ingerslev is plotting his next move after ending a 27-year journey with the Maersk group. The shipping veteran ...

The Koje-based shipyard said an African owner has ordered the series of suezmax crude carriers for delivery by December 2027.