Maersk expects to see a reduction of up to 20% in vessel capacity between Asia and Europe during the second quarter due to the Red Sea crisis.

The Vasilis Bacolitsas-led company is said to have added two more MR tankers to its original pair ordered in November. The four MR tanker newbuildings will be powered by conventional marine fuel and ...

For container liner operators, a longer, wider area of disruption can mean higher revenues as tonne-miles lengthen and ...

Tankers are exiting Venezuela as US sanctions return on crude oil sales. Reuters cites shipping data as showing six large ...

The main downside risk is the uncertainty of the Chinese import demand. “We returned from our recent visit to China with a ...

Little-known Greek shipowner Stanislav Raspopov has made a huge profit by offloading an MR tanker bought two years ago. The ...

In March, J Lauritzen recruited Anders Bruun as its new investment director. He was previously chief executive of Coach ...

According to data from Clarksons, one-year time charters for both 6,500 ceu and 5,000 ceu car carriers slipped $5,000 to $110 ...

Clarksons’ Shipping Intelligence Network shows Oldendorff has 10 kamsarmaxes on order at New Hantong of which nine ships were ...

Exercises by Greek navy ships have forced tankers transferring Russian oil further out into international waters. The ...

Russian energy company Lukoil has been shipping Norwegian crude to its big Bulgarian refinery after halting imports of ...

All 10 seafarers have managed to evacuate safely from a burning Chinese cargo ship off Indonesia. The Kompas daily reported ...