Greek owner Pyxis Tankers has set out to potentially expand its fleet by up to two ships with the signing of a commitment letter for a bank loan of up to $45m. The Nasdaq-listed firm said it is ...

Okeanis Eco Tankers is pulling its three youngest VLCC vessels out of Chinese leases. All three ships are under sale and leasebacks with CMB Financial Leasing, with the younger pair since 2022 and ...

Donald Trump, the American president, has claimed that after more than 17 months, the Red Sea shipping crisis is coming to a close. Speaking at the White House yesterday, Trump said Yemen’s ...

The UK previously imposed sanctions against 133 vessels linked to Russian oil trade – more than any other European nation. “We will do everything in our power to destroy (President Vladimir ...

ARO Drilling, a joint venture of New York-listed offshore driller Valaris, has signed extensions for five jackup rigs with Saudi giant Aramco. The fleet status report noted at the time that ...

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In ...

Norwegian owner and sale and leaseback player Ocean Yield has increased its stake in France’s Geogas LNG. In July 2024, Ocean Yield took over interests from infrastructure fund CVC DIF, which ...

New York-listed Greek owner Costamare has continued the trend of offloading smaller bulkers with another handysize set to exit the fleet. The Konstantinos Konstantakopoulos-led company is shipping ...

Low-profile shipowner Nissen Kaiun has returned to HD Hyundai Mipo Dockyard in Ulsan for a pair of LPR carriers. Multiple newbuilding sources have listed the Japanese shipping mammoth with two ...

“I don’t think anybody, including myself, has that crystal ball to say, OK, which zero-carbon fuel is going to be the answer for dry bulk vessels,” conceded Eman Abdalla, global operations ...

China’s Jiangsu Ocean Shipping (JOSCO) is expanding its containership fleet with four newbuilds contracted at compatriot yard Jiangsu Soho Chuangke Shipbuilding. The shipping arm of Jiangsu Port ...

Danish product tanker owner and operator Torm has continued the disposal of older tonnage with the sale of one of its two oldest LR2 vessels. The New York and Copenhagen Nasdaq-listed company has ...