Swiss owner Sallaum Lines has placed a bet on Chinese demand by doubling its car carrier orderbook to 12 ships worth $1.08bn.

Pure Energy has signed a $1.1bn sale and leaseback transaction with Chinese CMB Financial Leasing (CMBFL). Pure Energy will ...

Those following the business said the 160,000-cbm Energos Eskimo (ex-Golar Eskimo, built 2014) is set to shift over to work ...

Greek shipowner George Economou has made a surprise move in the shipbuilding market by ordering a series of container ships.

The Shipowners’ Club has bucked the trend of major protection and indemnity clubs by not applying a general increase in ...

Tanker owners are still making money but market dynamics have to change if VLCC rates are to make a major jump upwards, ...

Eidesvik Offshore has given interim chief executive Helga Cotgrove the job on a permanent basis. The Oslo-listed platform ...

Flettner rotors, or spinning rotor sails, use a phenomenon known as the Magnus effect where a spinning object creates a ...

Tanker flat rates will incorporate carbon pricing for the first time next year. UK rate-setting organisation Worldscale ...

Duelling press releases issued last week brought a very public face to a legal battle that has been waged behind the scenes.

The South African Maritime Safety Authority (SAMSA) has suspended its chief operations officer Sobantu Tilayi pending the ...