Ukraine has hit a Russian cargo ship alleged to be carrying Iranian weapons in a drone attack on a Russian Caspian Sea port. The 5,200-dwt multipurpose Port Olya-4 (bult 2014) was struck in the ...

Timing couldn’t be better for willing tanker seller International Seaways, analysts say US owner continues to reap the rewards of robust rates International Seaways chief executive Lois Zabrocky ...

Evergreen Marine approaches shipyards for $2.5bn container ship series Liner company plans to order up to 14 LNG dual-fuelled newbuildings Kuang-Hui Wu (centre) was appointed as president of ...

Finnish cruise and ferry operator Viking Line reported a loss for the first six months of the year. The result was affected by dockings and weak demand. Chief executive Jan Hanses said: “The ...

Higher volumes and freight rates fuel expansionSITC International Holding eyes more container ship orders as profit jumps Higher volumes and freight rates fuel expansion SITC International ...

Golar LNG is making strides towards a fourth floating LNG production unit. It said that, if converted, the vessel would be the only open and available FLNG capacity for the rest of the decade. Tor ...

Korea Maritime Transport Co (KMTC) is set to build its largest vessels with an order for a series of neo-panamax container ship newbuildings. The liner company, which currently operates boxships ...

Singapore shipyard group Seatrium will integrate four new generation powerships for Karpowership, with an option for two additional units. Karpowership, the world’s largest owner of floating ...

Norwegian sovereign wealth fund swoops for Maersk shares as shipping book grows to $4.8bn Government Pension Fund Global also buys Adnoc L&S, Navios and Danaos, but sells shares in other giants ...

US and China clash over Panama Canal in heated UN meeting US accused of wanting to take control of Panama Canal Dorothy Shea says China’s influence on the Panama Canal is ‘a potential threat ...

Dangote refinery holds down Nigerian product imports while also threatening crude Refinery appears to be meeting domestic needs while eyeing local feedstocks Aliko Dangote is CEO of Dangote Group ...

Golar LNG kicks tyres on donor vessels and tests yards on pricing while eyeing next FLNG unit Tor Olav Troim outfit not committing to another ship yet, but has plans Karl Staubo, right, says Golar ...