IMO should focus on shadow fleet not decarbonisation, Frontline …
Nov 27, 2024 · IMO should focus on shadow fleet not decarbonisation, Frontline chief says Lars Barstad optimistic that incoming US government will take tougher stance on ‘unregulated market’
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Chinese bulker suspected of underwater cable ‘sabotage’ held off ...
Nov 20, 2024 · A Chinese bulker believed to have damaged two international underwater telecom cables in the Baltic Sea this week has stopped off Denmark, possibly on orders of local authorities.
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2 days ago · Read the key news headlines covering the global shipping business.
Stena banks $128m gain from offloading seven ships
Dec 2, 2024 · Revenue was stable at SEK 14.4bn, while Ebitda rose to SEK 11.8bn from SEK 10.9bn in 2023, according to deputy chief executive Annika Hult. “The liquidity position remains healthy.
German shipowner F Laeisz ties up entire container ship fleet with ...
Dec 4, 2024 · The vessels represent a total capacity of 5.37m teu, about 17% of the global container fleet capacity deployed between Asia and North America, Alphaliner said.
Maritime Partners’ ‘warehouse’ full of money just got bigger
Dec 2, 2024 · Maritime Partners has another warehouse, and this one holds even more cash than the last. The fast-growing US-flag leasing and finance power has sealed a credit line known as a “warehouse ...
George Procopiou strikes $1.1bn sale-and-leaseback deal for five …
Nov 28, 2024 · George Procopiou-backed Pure Energy has signed a $1.1bn sale-and-leaseback transaction with China’s CMB Financial Leasing for five 200,000-cbm LNG carriers originally contracted by Dynagas.
Saudi Arabian container newcomer sets firepower on newbuildings
Dec 9, 2024 · Saudi Arabian container newcomer sets firepower on newbuildings Chief executive Poul Hestbaek explains why he is helping launch the Middle East’s latest regional carrier
How will return of Russian petrol fuel clean tanker rates?
Dec 3, 2024 · Russia will begin exporting petrol again in January, but the impact on clean tankers will be muted, brokers believe. The Putin administration banned the sale of fuel overseas in February this year ...