Shipping

John Fredriksen’s Frontline has announced its acquisition of two dozen Very Large Crude Carriers (VLCCs) from Euronav, solidifying its position as the

The world’s first large containership powered by methanol was floated out of its building dock at Hyundai Heavy Industries over the weekend. The ship is

By Ana Mano SAO PAULO, Oct 9 (Reuters) – A severe drought choking major rivers in the Amazon rainforest has disrupted ship traffic near the

The International Chamber of Shipping (ICS) has launched a new data collection system to help steer improvements to the new Carbon Intensity Indicator (CII). 

MOSCOW, Oct 9 (Reuters) – Russia, the world’s top seaborne exporter of diesel just ahead of the United States, resumed exports of the

By Alaric Nightingale (Bloomberg) — The shock attack by Hamas and Israel’s response risk a wider destabilization of the region — and the

By Stephen Treloar (Bloomberg) — Frontline Plc, one of the world’s largest oil tanker owners, and Norwegian shipping billionaire John Fredriksen

By Grant Smith Oct 8, 2023 (Bloomberg) –As oil traders prepare for the market to open after the sudden eruption of war in Israel, one question is

By Redd Brown Oct 7, 2023 (Bloomberg) –When Sterling Infrastructure Inc. Chief Executive Officer Joe Cutillo first started telling Wall Street that

ISTANBUL, Oct 6 (Reuters) – A Turkish-flagged general cargo ship that was sailing on Thursday in the Black Sea en route to Ukraine’s

A Luxembourg-flagged live export ship carrying 3,600 cattle was forced to return to Australia’s Port of Darwin on Wednesday following a fire in its

The UK’s Crown Estate has granted an Agreement for Lease for what could be one of the world’s largest carbon capture and storage (CCS) projects,

MOSCOW, Oct 6 (Reuters) – Russia’s government said on Friday it had lifted a ban on pipeline diesel exports via ports, removing the bulk

By Mike Wackett (The Loadstar) – Asia-North Europe carriers took advantage of the Chinese national holiday this week to announce new headhaul FAK rates,

J.P. Morgan Global Alternative’s Global Transportation Group (JPMGTG), a division of J.P. Morgan Asset Management, has announced the order of two 49,800

South Korean shipbuilder Hanwha Ocean has obtained certifications from classification societies Norway’s DNV and the American Bureau of Shipping (ABS),

By Mike Wackett (The Loadstar) – Following Hapag-Lloyd’s announcement on Monday of a huge hike in its Asia-Europe FAK rates, CMA CGM has advised

LONDON, Oct 5 (Reuters) – A Turkish-flagged general cargo ship hit a mine on Thursday in the Black Sea off the coast of Romania and sustained

Shares of Euronav skyrocketed over 17% Thursday after the company confirmed that its two largest shareholders are working on solution to resolve their deadlock

The pipeline of ships ordered with alternative fuel options continues to expand with LNG and methanol leading the charge. A total of 21 LNG-fueled vessels were