Major Greek shipping firms Thenamaris and Eastern Mediterranean Maritime (Eastmed), known for their shrewd market moves, appear to be accelerating their fleet renewal programmes. According to brokers, ...

DHT Holdings has confirmed the sale of its only two Chinese-built VLCCs. The New York-listed tanker owner said it sold the 320,000-dwt DHT Lotus and DHT Peony (both built 2011) to an undisclosed buyer ...

“Geopolitical trade restrictions, in the form of tariffs and port fees, are continuously being introduced and then amended, leaving the market blind as it attempts to dissect the impact on long-term ...

Recent deals have seen the 1,036-teu Nordic Hamburg (built 2010) acquired by Germany’s Drevin Reederei. The Jiangdong Shipyard-built vessel, renamed Ilse D, is reported sold to the Cuxhaven-based ...

In contrast, the take up of cold ironing has been much slower in Asia despite the region being home to some of the world’s ...

Singapore-based Vasi Shipping has initiated insolvency proceedings after falling victim to plunging container freight rates.

The Port of Rotterdam said tanker owner Trammo, terminal owner and operator OCI, and equipment supplier James Fisher ...

Swedish shipowner Energifonden Sverige is raising more cash to boost its involvement in the VLCC market. The board has decided to sell three new bond issues with subscriptions open until 30 May. The ...

Fewer tankers have been changing hands this year in a more opaque sale and purchase arena, according to Greece’s Xclusiv Shipbrokers. The Athens shop tallied 97 vessels sold between January and March, ...

Forward freight agreements (FFAs) began to rebound after Donald Trump’s three-month delay on tariffs was announced. FFAs for ...

Ecuadorian President Daniel Noboa, the former head of shipping for his family’s banana empire, has won his first full term as ...

US President Donald Trump has signalled that he could deliver reprieve on tariffs that have delivered a blow to vehicles ...