Head of research Giovanni Serio says petrol requirements may have peaked, but clean tankers will still be needed to import ...

Trader and shipowner Vitol believes Chinese oil demand is changing, but product tankers will still be able to cash in. Head ...

Another Spliethoff vessel has been banned from Australian ports after failing a port state inspection. The Australian ...

Canadian bulker owner CSL Group has made a move into offshore shipping with a new order and joint venture. The company said it has formed Rotterdam-based CSL OWL Subsea Rock Installation (CSL OWL SRI) ...

Eyal Ofer’s Zodiac Maritime has boosted its tanker fleet with an order for a pair of two dual-fuelled aframax product carriers. The London-based shipping company has contracted New Times Shipbuilding ...

Dutch owner Vertom has returned to India to add to its big orderbook of cargo vessels. The company said it has contracted four 10,700-dwt geared tweendeckers at Chowgule and Company. The ships have ...

Wallenius Wilhelmsen has acquired one of its operated car carriers for a bargain price. The Oslo-listed company said it had used a purchase option to buy the 6,500-ceu Morning Celine (built 2009) ...

Ship engines are developing operational problems due to the use of biofuel derived from cashew nut shells, according to a fuel tester. CTI-Maritec is recommending owners do not use 100% cashew ...

Odfjell Terminals Korea (OTK) will expand services and product handling capacity at its Ulsan terminal. The project, named E5, will increase OTK’s storage by 28% to exceed 400,000 cbm and facilitate ...

Pilots in Brazil have refused to board some ships with faulty air-conditioning, leading to voyage delays while new units are fitted, said Norwegian insurer Gard. Temperatures of 30C to 35C in some ...

The Swedish Club has joined other protection and indemnity providers with plans for a 5% general increase in premiums in 2025. Six of the eight members of the international group that have announced ...

LNG carrier rates continue to plumb new all-time depths in a market described as heavily oversupplied. According to ...