Net profit fell 55% to $424m in 2024, even before the latest round of US sanctions added additional burdens on the company.

“Shipbrokers generally value Chinese-built ships at a discount equivalent to a one to two-year age differential versus South ...

Oil producer wants to cut the cost of additional war risk cover off its coasts owing to piracy and kidnap threats ...

Shipbuilding players said Lou Kollakis-led Chartworld is in contact with at least two shipyards in China for a series of ...

Greece’s Navios Maritime Partners has confirmed the sale of two older bulkers and revealed a new container ship disposal. The ...

“That would be, that if you buy oil from Russia, you can’t do business in the United States,” Trump said. “There will be a 25 ...

Italy’s Fincantieri is set to build two new cruise ships for Marella Cruises for over €2bn ($2.16bn). This will be the ...

One of the world’s biggest flag states is removing 125 ships in a “purge” linked to sanctions. The Panama Maritime Authority ...

DOF Group engaged four banks to sell a new bond issue. The Oslo-listed company mandated DNB Markets, Pareto Securities, ...

Flex LNG chief executive Oystein Kalleklev is stepping down after seven years in the position. The John Fredriksen-backed ...