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 ...

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

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

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.

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

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

The share price implies a fall in the company’s vessel values of 30%, the investment bank calculated. “While further declines ...

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

Frontline shares plunged after a disappointing third-quarter report yesterday. However several analysts recommend buying the ...