News

Greek shipping tycoon George Economou is reported to be looking for a new supply partner for Italy’s biggest oil refinery.
UK alternative financier Hayfin Capital Management has revealed new investment from Japan’s Sumitomo Mitsui Trust Bank as it seeks to boost shipping exposure.
Giant Japanese shipowner NYK is launching a fourth sale of “transition bonds” to further green investments. The JPY 16bn ($112m) issue will carry interest of just 1.24%, the company said. The ...
A Russia-trading, Nigerian-owned suezmax has turned up in the fleet of a one-ship, Hong Kong-based company. According to broker reports, the 151,200-dwt Simoon (built 2004) was sold by Olimpex Nigeria ...
DHT Holdings has confirmed the sale of its only two Chinese-built VLCCs. The New York-listed tanker owner has sold the 320,000-dwt DHT Lotus and DHT Peony (both built 2011) to an undisclosed buyer, ...
The 1,036-teu Nordic Hamburg (renamed Ilse D, built 2010) has been bought by Germany’s Drevin Reederei. The Cuxhaven-based manager paid for $13m for the Jiangdong Shipyard-built vessel, according to ...
“Geopolitical trade restrictions, in the form of tariffs and port fees, are continuously being introduced and then amended, leaving the market blind as it attempts to dissect the impact on long-term ...
Recent deals have seen the 1,036-teu Nordic Hamburg (built 2010) acquired by Germany’s Drevin Reederei. The Jiangdong Shipyard-built vessel, renamed Ilse D, is reported sold to the Cuxhaven-based ...
DHT Holdings has confirmed the sale of its only two Chinese-built VLCCs. The New York-listed tanker owner said it sold the 320,000-dwt DHT Lotus and DHT Peony (both built 2011) to an undisclosed buyer ...
Major Greek shipping firms Thenamaris and Eastern Mediterranean Maritime (Eastmed), known for their shrewd market moves, appear to be accelerating their fleet renewal programmes. According to brokers, ...
In contrast, the take up of cold ironing has been much slower in Asia despite the region being home to some of the world’s ...