The takeover tussle between dry bulk players Diana Shipping and Genco Shipping & Trading is escalating, with the Greek owner hitting back after its sweetened bid was rejected for a second time. Diana, ...

Tor Olav Trøim-backed tanker newcomer Bruton has moved to expand its VLCC orderbook, contracting four newbuildings at China’s Yantai CIMC Raffles. The Oslo-listed company said each vessel will be ...

Ukraine has struck the port of Primorsk, Russia’s largest oil-loading terminal on the Baltic Sea, with long-range drone attacks, igniting a fire at the facility that processes up to 1.5m barrels of ...

APM Terminals has moved from development partner to shareholder at the Hateco Hai Phong International Container Terminal (HHIT), taking a 49% stake and stepping in as operating partner alongside ...

The world’s largest bunkering hub is showing signs of supply stress as the Middle East war drives extreme price volatility and forces distributors to manage their exposure with unusual caution – even ...

The US government is preparing a nearly $1bn settlement to reimburse TotalEnergies for the cancellation of two federal offshore wind leases. Reportedly, the proposed deal would see the Interior ...

An indirect subsidiary of Singapore offshore vessel player and shipyard Marco Polo Marine has been awarded a significant long-term charter contract by Taiwan’s Marine Port Bureau. The contract, ...

Chinese bulker owner Nanjing Ocean Shipping Co (NASCO) has signed a contract for two ultramax bulk carriers at China Merchants Jinling Shipyard (Nanjing) as it continues to expand its fleet. The ...

Swedish authorities have detained the captain of the Comoros‑flagged tanker Sea Owl 1 after boarding the EU‑sanctioned vessel off Trelleborg in the Baltic Sea last Thursday, the second such Swedish ...

Lloyd’s Register Foundation has awarded £378,000 to MEFISTO – a new project led by DBI (the Danish Institute of Fire and Security Technology) – to develop tested safety tools for methanol-fuelled ...

New York-listed shuttle tanker owner KNOT Offshore Partners said it has ended talks with its parent company, Knutsen NYK Offshore Tankers (KNOT) over a potential take-private deal, bringing months of ...

Ships willing to enter the danger zone continue to be struck in and around the Hormuz Strait on day 12 of the conflict between Iran and the US/Israeli coalition. The most severe attack today was ...