EU Lifts Sanctions Against Three LNG Tankers
The European Union has lifted sanctions against three tankers managed by Japan’s Mitsui O.S.K.
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July 2025
US Targets Houthis with Fresh Sanctions
The United States on Tuesday imposed sanctions on what it said was a Houthi-linked petroleum smuggling and sanctions evasion network across Yemen and the United Arab Emirates in fresh action targeting the Iran-backed militant group.The U.S.
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Hanwha to Build US-Flagged LNG Carrier
Hanwha Shipping, a U.S. subsidiary of Korean shipbuilder Hanwha Ocean, on Tuesday said it ordered an LNG carrier valued at roughly $252 million from its own Pennsylvania-based unit Hanwha Philly Shipyard.Under the agreement, the ship will be built in K…
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ICBC secures first offshore vessel sale at auction as bidders push up price
Chinese leasing giant sees strong interest for large former Bourbon PSV
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Newbuildings: “Green” Ships Are in Demand
Ships which can be seen as “future-proof” are the most in demand from ship owners looking to place newbuilding orders. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Chinese company Fujian GuoHang Ocean placed an …
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