Tanker resale prices are hitting extraordinary levels as buyers scramble for prompt tonnage in one of the hottest crude shipping markets in years, with traditional asset valuation models effectively ...

New York-listed Diana Shipping has secured a higher-paying charter extension with Oldendorff Carriers for one of its post-panamax bulkers. The Greek owner said the 98,704 dwt Polymnia has been fixed ...

The UK government has granted planning permits to RWE and Masdar’s 3GW Dogger Bank South and SSE and RWE’s 1GW North Falls offshore wind farms. The Dogger Bank South project consists of two offshore ...

There was no sign of a shipping breakthrough in Hormuz this week. If anything, the strait became more dangerous and closed. Donald Trump has been discussing his war with Iran with Xi Jinping while on ...

China’s Yangzhou Guoyu Shipbuilding has secured another containership order as the yard continues its comeback push following its restructuring and restart under new ownership. The builder said it has ...

Taking a leaf out of the IronMan movie franchise, the Singapore Police Force is trialling jetpacks and weaponised drones as part of efforts to strengthen its capabilities in high-risk maritime ...

Wah Kwong NatPower has teamed up with Chu Kong Shipping Enterprises (CKS) to push forward the electrification of inland water transport between Hong Kong and Guangdong. The two companies signed a ...

Norwegian gas carrier owner Awilco LNG is looking to rebrand following the departure of long-serving chief executive Jon Skule Storheill. The Oslo-listed LNG shipping company said only several days ...

Every extra mile and every idle hour in port is a ‘carbon tax’ that a vessel pays with its annual rating. While the industry focuses on engine efficiency, the real battle for the CII rating is won or ...