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

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

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

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

TradeWinds depends on being able to display ads on our services in order to finance our journalism.

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

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

US officials have ratcheted up pressure on Chinese importers of Iranian oil by sanctioning two terminal companies.

Odfjell chief executive Harald Fotland has been trying to predict what will happen in the chemical tanker market if a Ukraine ...

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

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