“Shipbrokers generally value Chinese-built ships at a discount equivalent to a one to two-year age differential versus South ...
Italy’s Fincantieri is set to build two new cruise ships for Marella Cruises for over €2bn ($2.16bn). This will be the ...
“That would be, that if you buy oil from Russia, you can’t do business in the United States,” Trump said. “There will be a 25 ...
Greece’s Navios Maritime Partners has confirmed the sale of two older bulkers and revealed a new container ship disposal. The ...
One of the world’s biggest flag states is removing 125 ships in a “purge” linked to sanctions. The Panama Maritime Authority ...
Bjarne Foldager, senior vice president and head of two-stroke business at engine designer MAN Energy Solutions, said the industry now has the technology to decarbonise. But he said MAN ES is concerned ...
DOF Group engaged four banks to sell a new bond issue. The Oslo-listed company mandated DNB Markets, Pareto Securities, ...
Japan’s finance and trading house Orix Corp is moving into the shipbroking arena as it steps up its presence in the maritime ...
Private Norwegian shipping group Torvald Klaveness has seen profit eroded in weaker bulker markets. The company said net earnings for 2024 were down to $79m against $88m the year before. Revenue ...
BW LPG will hand over a pair of VLGCs to its dedicated Indian business. The company has signed a memorandum of agreement with ...
Ayers is a Fredriksen lieutenant, currently secretary of Golden Ocean and Fredriksen’s shipowning company SFL Corp. He has ...