Low tanker freight rates and high scrap steel prices are combining to encourage owners to consider scrapping vessels
Norway’s Knutsen scraps another shuttle tanker, as others eye high demo prices Read More »
As they struggle to bring three modern product carriers back under their control, Hong Kong-based entities likely linked to Iran Shipping Lines (IRISL) intervene to settle creditors’ claims
Auction of former Marvin tankers cancelled in Rotterdam Read More »
Limits on newbuildings to lift markets across industry, but especially fuel more good times in dry bulk
Jefferies supplies the optimism for extended bull run in shipping markets Read More »
Danish shipowner will focus on commercial operations after bringing in Singapore-based manager
Maersk Tankers switches strategy as Synergy buys technical management business Read More »
Chinese giant uses carbon-offsetting scheme for tanker’s trip from Angola
Cosco ships China’s first carbon-neutral crude cargo for Sinopec Read More »