China Merchants and ICBC Leasing spend $417m in six new VLOCs The newbuilding deal is backed by a 27-year contract of affreightment signed with Vale
Wallem chief executive Simon Doughty stepping down Chairman Nigel Hill said "Simon and his wife have decided that the time has come to them to leave Hong...
Petronas goes digital on LNG trading In the sale, the oil company had issued a tender inviting 30 registered GLX members to bid for its delivered ex-ship...
Jinhui back to profit amid dry bulker recovery The average daily time charter equivalent of its owned fleet increased by 48% to $8,795
India to award $10.7bn of projects under Sagarmala Project in FY19 A Ernst & Young and Andhra Pradesh Chamber of Commerce and Industry Federation report estimates the development of industrial zones within...
Shipowners' bodies call for more effort in ratifying Hong Kong Convention The entry into force of the convention is critical with the expected increase in demand for ship recycling this year...
Hunter's oil well unit readies for spin-off Well intervention service unit looks to additional private placement after spin-off.
Dship fleet to expand with two newbuildings Shipping arm of Deugro Group says the newbuilds will have more flexibility and use less fuel.
Spring Marine Management snaps up product tanker Greek owner said to have made a move in deal that shows softening of asset values.
Frontline shares on march after ABG upgrade New hold rating introduced amid belief fresh stockpiling cycle is set to start.
DHT locks VLCC newbuild into Winson charter DHT Holdings is entering a recently delivered VLCC newbuilding into a gasoil storage contract with Hong Kong-based Winson Oil, according to European shipbrokers. DHT sets out options to tackle convertible debt Details of the deal for the 318,000-dwt DHT Stallion (built 2018), including the period and rate, remain shrouded in mystery. Stephen Eglin, chartering director at US-listed DHT, said the
Doughty quits as chief executive of Wallem Departure comes amid wish to leave Hong Kong for family reasons.
Hsin Chien and H Line near capesize deal Transaction would mark the buyer's second capesize acquisition of 2018.
Berge Bulk makes rare move for second-hand capesize Purchase adds to the fifth largest capesize fleet in the world at time rates are improving.
Investor urges Maersk to rethink strategic direction Criticism comes after a disappointing first quarter from giant container line.
Wilhelmsen has 10 days to appeal CCCS decision Competition watchdog says merger could lead to higher prices and/or a reduction in choice.
Jinhui posts positive result for third quarter in a row Supramax specialist continues financial recovery on the back of improving fundamentals.
Petronas sells first LNG cargo via trading platform Malaysian oil major says bidding process ran smoothly and garnered healthy interest.
Greek handymax suffers blaze in Southampton Fire crews called to Western Docks as scrap metal cargo sends plumes of smoke skywards.
World's first marine insurance blockchain platform put in commercial use The technology will not only provide a secure network but also improve efficiency in claims assessment and payment.
Global crude stocks fall below 5-year average for first time: OPEC source Commercial oil inventories were 20 million barrels below the five-year average, a source said.
SUBSCRIBER NOTE: Platts no longer reflects Amity Star tanker in Singapore fuel oil MOC Platts understands the VLCC will no longer be used as a FSU for fuel oil at Tanjung Pelepas.
FUTURES: Crude dives further on talks of boosting output "Oil prices have been considerably overpriced, sentiment is now shifting," an analyst at Philips Futures said.
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