Product tankers are expected to see much higher fleet growth — 3.7% in 2025 and 7.3% in 2026 — eating into demand-side growth ...

Pure Energy has signed a $1.1bn sale and leaseback transaction with Chinese CMB Financial Leasing (CMBFL). Pure Energy will ...

Swiss owner Sallaum Lines has placed a bet on Chinese demand by doubling its car carrier orderbook to 12 ships worth $1.08bn.

George Procopiou-backed Pure Energy has signed a $1.1bn sale-and-leaseback transaction with Chinese CMB Financial Leasing ...

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 ...

Flettner rotors, or spinning rotor sails, use a phenomenon known as the Magnus effect where a spinning object creates a ...

Brokers explained that while Energos currently charters the FSRU to Jordan’s national utility National Electric Power Company ...

Eidesvik Offshore has given interim chief executive Helga Cotgrove the job on a permanent basis. The Oslo-listed platform ...

Greek shipowner George Economou has made a surprise move in the shipbuilding market by ordering a series of container ships.

Hutchins is warm and laid-back but — much like the group’s chairman, Henning Oldendorff, — is intent on remaining low-key.