Caravel Group became the single largest shareholder of Pacific Basin in 23 January when its stake reached 20.06%
Pacific Basin appoints Caravel bosses as non-executive directors as stake surpasses 20% Read More »
Marine fuel sales at the world’s largest bunker hub of Singapore posted a strong start to 2026, driven by healthy demand and higher price premiums, based on port data and trade sources.January 2026 volumes totalled 5.23 million metric tons, up 16.5% ye…
Singapore Bunker Sales Maintain Strong Start in 2026 Read More »
Captain Vladimir Motin was sentenced to six years’ jail on February 2 after being found guilty of “gross negligence manslaughter” for his role in the container ship Solong’s ramming of the anchored tanker Stena Immaculate in March 2025.The circumstance…
Solong Captain’s Sentencing Highlights Rights Denied to Other Seafarers Read More »
Anil Sharma’s Dubai-based shipping company accounted for half the capesize tonnage recycled in 2025
Lila Global ties up year’s first capesize bulker demolition deal Read More »
A full ban on maritime services for Russian oil is on the cards, with the implications for the tanker market more obvious than ever. In its latest weekly report, shipbroker Gibson said that “the EU is considering a major change to its sanctions framewo…
Tanker Market at Crossroads as Russian Oil Trade Sanctions Intensify Read More »