Mitsui O.S.K. Lines Ltd. (MOL) has entered into a lease agreement covering three LNG carriers under construction in China.

The role of commercial bank finance for shipping took a downward turn during the 2010s with alternative capital stepping in to fill the gap including infrastructure funds and non-bank finance both of which were focused on at last week’s Marine...

Ridgebury Tankers took aim at the performance of share offerings underwritten by Maxim Group in a feisty panel session at Marine Money in New York last week.

The Panama Ship Registry has cancelled the registration of over 6.5 million gt of vessels over the last two years for issues related to Iran, North Korea or sanctions.

There is a bullish outlook for the offshore vessel sector both among US owners in the sector and from analysts.

Andreas Sohmen-Pao’s Cadeler and Emanuele Lauro’s Eneti are set to merge into a large, pure-play offshore wind turbine and foundation installation company.

A union has demanded that ferry operator Caledonian MacBrayne (CalMac) be taken into public ownership after a tendering deadline passed.

Early May saw the launch of The Breakwave Tanker Shipping ETF with the symbol “BWET”, an Exchange Traded Fund aimed at investors in crude oil tankers.

The Suez Canal Authority (SCA) has reported 10-year revenues of $50.9bn.

First quarter container line EBIT dropped by 81% on-year in the first quarter 2023, but still remains above pre-pandemic levels.