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

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

In a lawsuit filed in US federal court this week, the Texas-based dredging contractor alleged the beleaguered Kristian Rokke-backed shipbuilder was diverting resources from its $197m subsea rock ...

Britain’s sanctions enforcer says it has identified shipments of Russian crude and products that have used faked documents to suggest the oil was produced in another country. The Office of Financial ...

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) ...

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 ...

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 ...

India has taken another step towards setting up a protection and indemnity club in the latest sign of expansion outside the ...

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 ...