Stephen Gordon surveys the state of shipping in his six-month review
Long-term decisions now tougher for cash-rich shipowners, Clarksons Research boss says Read More »
Vessel is among first to return after ships U-turned last week amid fresh attacks
Adnoc L&S LNG carrier braves Strait of Hormuz return transit in ‘dark’ mode Read More »
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…
Oil Hits Four-Month Low After US-Iran Doha Talks Read More »
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…
Castor Maritime Buys Second Kamsarmax Bulker, Takes Delivery of Two Vessels Read More »
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…
A.P. Moller Holding to Acquire Ocean Yield from KKR Read More »