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 ...

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

Serial entrepreneur Tor Olav Troim’s new VLCC venture has revealed a listing on Oslo’s Euronext Growth board as it takes the ...

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

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