Iran has proposed managing the Strait of Hormuz through an insurance-based framework that would formalise its control over the critical oil shipping chokepoint, while simultaneously demanding that all ...

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 ...

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 ...

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 ...

German shipowner Hartmann Reederei has signed a memorandum of understanding with maritime software firm Sealogic to roll out a full suite of integrated ship management solutions, marking the next ...

High-fidelity AIS data from the trade intelligence platform Kpler is set to change how charterers hire vessels on time charters. Most chartering teams still pick vessels on CP specifications, class ...

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 ...

Stockholm-based floating offshore wind developer Hexicon has entered into an agreement to acquire the remaining 50% stake in the Mareld offshore wind project from its joint venture partner Mainstream ...