A floating storage and regasification unit currently controlled by Energos Infrastructure is being named as the vessel booked ...
Product tankers are expected to see much higher fleet growth — 3.7% in 2025 and 7.3% in 2026 — eating into demand-side growth ...
Maersk Tankers has offloaded its oldest vessel for an attractive price in China. Multiple broking sources said the Danish ...
The share price implies a fall in the company’s vessel values of 30%, the investment bank calculated. “While further declines ...
Swiss owner Sallaum Lines has placed a bet on Chinese demand by doubling its car carrier orderbook to 12 ships worth $1.08bn.
Pure Energy has signed a $1.1bn sale and leaseback transaction with Chinese CMB Financial Leasing (CMBFL). Pure Energy will ...
George Procopiou-backed Pure Energy has signed a $1.1bn sale-and-leaseback transaction with Chinese CMB Financial Leasing ...
Greek shipowner George Economou has made a surprise move in the shipbuilding market by ordering a series of container ships.
Those following the business said the 160,000-cbm Energos Eskimo (ex-Golar Eskimo, built 2014) is set to shift over to work ...
The Shipowners’ Club has bucked the trend of major protection and indemnity clubs by not applying a general increase in ...
Tanker owners are still making money but market dynamics have to change if VLCC rates are to make a major jump upwards, ...
Flettner rotors, or spinning rotor sails, use a phenomenon known as the Magnus effect where a spinning object creates a ...