Saudi Arabia’s Energy Ministry suspends all oil shipments through the Bab-al Mandeb Strait after Wednesday attack that damaged one of the tanker giants VLCCs.
Bahri VLCC damaged in Red Sea attack by Houthi rebels Read More »
Chinese shipping giant completes majority shareholding acquisition of Hong Kong-based liner operator. Offer to buy out minority shareholders closes tomorrow.
Cosco takes the helm at OOIL Read More »
Rafina-based ferries helped rescue fire victims from the sea as the areas surrounding their home port went up in flames
Greek ferry crews hailed as heroes Read More »
Indonesian owner sends two elderly products tankers to the breakers with more expected in the future.
Waruna Nusa Sentana begins scrapping tankers Read More »
Hits on plant and equipment values push Singapore-listed offshore shipbuilder and operator deeper into the red as its future becomes increasingly dependent of its ongoing restructuring efforts.
Nam Cheong stung by writedowns Read More »