Samsung Heavy Industries spokesperson says a confidential but non-sanctioned company is behind deal for two suezmaxes ...

The 176,000-dwt Dalian (built 2002, ex Lila Dalian) became the only the fourth of its type to be sold for demolition this year as strong interest in older capes from Chinese trading buyers has kept ...

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Chief executive Andreas Enger said on Friday that the annual cost of the “very dramatic” fees was expected to be $30m when ...

One year ago today, the world got lucky. TradeWinds explores how salvors beat the odds while staring down the barrel of ...

The Swiss trader and charterer has struck a sale-and-purchase agreement with Amigo LNG, the joint venture of Texas-based ...

Hoegh Autoliners has sold another ship as it continues capitalising on strong asset values and a weak time charter market.

Greek owner OceanPal is cutting the number of shares in circulation once again to retain its New York listing. The Diana ...

The move marked the latest salvo in US President Donald Trump’s “maximum pressure” campaign aimed at Iran’s oil industry.

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Zim is to charter 10 vessels from George Economou’s TMS Group after Idan Ofer’s Kenon Holdings pulled out of the deal. The ...

New Zealand's government has paid NZD 144m ($84m) to scrap two newbuilding contracts in South Korea. The figure is on top of ...