The fund, managed by Morten Astrup, acquired the 2030 senior unsecured bonds issued by the product tanker owner.

The number of vessels passing through the Red Sea has risen 60% from last August, following a partial Houthi ceasefire ...

Shandong Ocean Shipping Group is turning to the shipbuilding market to expand its fleet. The shipping arm of Shandong Port ...

Sissener Corporate Bond Fund continued to buy more Norwegian shipping bonds in May. The fund began increasing its exposure ...

A container barge, the Marco Polo 802, has run aground off Singapore’s Tanjong Beach in Sentosa this Friday morning, the ...

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) is said to be adding tanker newbuildings worth $254m to its orderbook.

Abu Dhabi National Oil Company (Adnoc) is expanding its specialist tanker fleet with an order in China. UK shipbroker ...

Salvors will take four days to reach a burning Zodiac Maritime-managed car carrier adrift in the Pacific. A blaze broke out ...

Broker Clarksons puts the newbuilding price of a conventional marine fuelled VLCC at $125m, down 3% from last year’s pricing ...

Chartering and shipowning giant Trafigura Group has emerged from the first half of a volatile financial year with better ...

A US judge has issued a second order calling on the legacy shareholders of Eletson Holdings to halt litigation in Greece and ...

Spanish container carrier JSV Logistic has made its first move into shipowning to boost its Mediterranean services. The ...