Adnoc L&S LNG carrier braves Strait of Hormuz return transit in ‘dark’ mode
Vessel is among first to return after ships U-turned last week amid fresh attacks
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Maritime News
Oil Hits Four-Month Low After US-Iran Doha Talks
Oil prices fell for a third consecutive day on Thursday as concerns over supply disruptions eased after Qatar said Iran and the U.S. had made progress in talks over the Strait of Hormuz.Brent futures LCOc1 were 66 cents or 0.92% lower at $70.91 a barre…
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Castor Maritime Buys Second Kamsarmax Bulker, Takes Delivery of Two Vessels
Castor Maritime has acquired a 2024-built Kamsarmax bulk carrier for $41.9 million and completed the delivery of a second vessel, expanding its fleet to 11 ships.The company said it acquired the M/V Magic Saturn from an unaffiliated third party…
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A.P. Moller Holding to Acquire Ocean Yield from KKR
A.P. Moller Holding has agreed to acquire 100% of Oslo-based ship leasing company Ocean Yield from funds managed by investment firm KKR, expanding its maritime portfolio.Ocean Yield has interests in more than 70 vessels across several shipping segments…
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How war, geopolitics and uncertainty are rewriting the shipping playbook
Long-term plans are being torn up and traded in for agility after six months of uncertainty
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