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 ...

The Adani Group has fetched a sizeable capital gain from the sale of a capesize bulker to Hayfin Capital Management in the UK, according to shipbrokers and maritime databases. The Indian conglomerate ...

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 ...

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

“Based on recent experience, more crude oil exports from West Africa will mostly benefit VLCCs and suezmaxes. With no loading ...

Limassol-based Castor Maritime has reportedly offloaded another of its older bulkers as its successful asset plays continue.

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 ...

As part of a corporate restructuring, BW Group is planning to separate BW Energy, as an oil and gas exploration business, from the maritime businesses held by BW Group,” the ...

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

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