Product tankers are expected to see much higher fleet growth — 3.7% in 2025 and 7.3% in 2026 — eating into demand-side growth ...

The share price implies a fall in the company’s vessel values of 30%, the investment bank calculated. “While further declines ...

Swiss owner Sallaum Lines has placed a bet on Chinese demand by doubling its car carrier orderbook to 12 ships worth $1.08bn.

George Procopiou-backed Pure Energy has signed a $1.1bn sale-and-leaseback transaction with Chinese CMB Financial Leasing ...

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 ...

Pacific Basin Shipping and two Japanese partners have ordered four ultramax bulk carriers that will be dual-fuelled with methanol. The bulker owner-operator has also signed a memorandum of ...

Tanker owners are still making money but market dynamics have to change if VLCC rates are to make a major jump upwards, ...

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

Duelling press releases issued last week brought a very public face to a legal battle that has been waged behind the scenes.