The UK previously imposed sanctions against 133 vessels linked to Russian oil trade – more than any other European nation. “We will do everything in our power to destroy (President Vladimir ...

Okeanis Eco Tankers is pulling its three youngest VLCC vessels out of Chinese leases. All three ships are under sale and leasebacks with CMB Financial Leasing, with the younger pair since 2022 and ...

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In ...

“I don’t think anybody, including myself, has that crystal ball to say, OK, which zero-carbon fuel is going to be the answer for dry bulk vessels,” conceded Eman Abdalla, global operations ...

ARO Drilling, a joint venture of New York-listed offshore driller Valaris, has signed extensions for five jackup rigs with Saudi giant Aramco. The fleet status report noted at the time that ...

New York-listed Greek owner Costamare has continued the trend of offloading smaller bulkers with another handysize set to exit the fleet. The Konstantinos Konstantakopoulos-led company is shipping ...

Greek owner Evalend Shipping has been linked to a fresh newbuilding deal in South Korea, this time for a pair of suezmax tankers. Shipbuilding sources report that the Kriton Lendoudis-led company ...

Danish product tanker owner and operator Torm has continued the disposal of older tonnage with the sale of one of its two oldest LR2 vessels. The New York and Copenhagen Nasdaq-listed company has ...

The Houthis from Yemen appear not to have got this week’s memo from the White House claiming that the Red Sea shipping crisis is drawing to a close. Donald Trump, the American president, said on ...

Japanese owner and operator Idemitsu Tanker has contracted to build two methanol dual-fuel VLCCs. The 339.5 m long, 309,400 dwt vessels are developed together with Japanese shipping lines Nippon ...

Low-profile shipowner Nissen Kaiun has returned to HD Hyundai Mipo Dockyard in Ulsan for a pair of LPR carriers. Multiple newbuilding sources have listed the Japanese shipping mammoth with two ...

China’s Jiangsu Ocean Shipping (JOSCO) is expanding its containership fleet with four newbuilds contracted at compatriot yard Jiangsu Soho Chuangke Shipbuilding. The shipping arm of Jiangsu Port ...