Nasdaq-listed StealthGas will continue to diversify its fleet with larger vessels as it reports a record net income for the first half of 2023.

A healthy tanker market, with its tremendous cash flows in 2022, has resulted in a surge of vessel sale and purchase (S&P) activity in 2023.

A Concentrated Inspections Campaign (CIC) will begin in September to review fire safety provisions aboard ships, but the review has been criticised as failing to address the need to update regulations.

Shipping investors are closely watching the Q2 earnings reports for the US-listed tanker names as the market eases from its 2022 boom.

OceanScore, a three-year-old Hamburg-based digital compliance system has attracted funding from MSC, the world’s largest container line, Hamburg-based Peter Döhle group, and the Schoeller family, owners of Cyprus-based Columbia Ship Management.

In late winter and spring, 2023, there was a feeling that an uptick in China-related cargo flows would propel the overall market, and the listed dry bulk stocks upward. Fast forward to mid-summer, that appears not to be happening.

The first neo-panamax containership has been forced to unload cargo to transit the Panama Canal as the authorities battle an intense water shortage.

The decarbonisation of shipping has sparked a green technology revolution, but pushing it forward is another revolution driven by lenders pivoting towards their own green goals, says Sean McLaughlin, Strategy Consultant.

Fire continues to rage onboard the stricken Japanese owned car carrier Fremantle Highway off the Netherlands.

The Shipbuilding Credit Guarantee Scheme (SCGS), launched today, will see the UK Government acting as a guarantor for lenders in the shipbuilding, retrofit, and repair sectors.