Without a legal judgment against it, the shipowner would have had a $113m profit instead of the $8.3m it finished with
US courtroom defeat torpedoes what would have been a record quarter for Stolt-Nielsen Read More »
Norwegian owner offloads smaller distribution vessels built in 2010 and 1996
Gram cashes in on record values in rare sale of car carrier duo Read More »
Owner planning to recycle cash into new ships to meet decarbonisation goals
Avance Gas sells penultimate older VLGC for eye-catching profit Read More »
The system of state port control is fundamentally unsound, but it is doing a job that some flag states are not
Comment: Ghost ship saga reveals challenge of ageing ships and a flawed system Read More »
Giant Chinese owner says balance between supply and demand has shifted in the sector
Cosco Shipping expects 74% plunge in earnings as container rates slide Read More »