One of the best-known names in maritime Ince Group is being placed in administration after a major creditor pulled support for the business.

The LNG shipping sector has seen a reshuffling of listed entities in recent years, against the backdrop of extreme cyclicality.

The Development Bank of Japan Inc and ClassNK have evaluated the specification and likely performance of a 26,300 dwt LNG dual-fuelled chemical tanker, Fairchem Pioneer, that is currently under construction at Fukuoka Shipbuilding’s Nagasaki...

Lloyd’s Register and Stolt-Nielsen are among 10 new corporate backers of maritime venture capital fund Motion Ventures.

AD Ports Group has signed a general corporate facility agreement with a syndicate of 13 regional and international banks for a $2bn loan facility.

The major container lines recorded profits of $34.7bn in the fourth quarter 2022 and are on track for an 80% drop in 2023 profits.

Tanker companies took a hit on Monday following the surprise move by OPEC+ to reduce output by more than a million barrels a day. But oil prices were still climbing in London this morning following OPEC’s move to cut production by more than one...

The rosy outlook for the tanker has taken another knock with the surprise announcement by OPEC of production cutbacks.

Cosco Shipping Specialized Carriers is planning to raise funds of RMB3.5bn for leasing and construction of 30 vessels to meet the growing business demands and improve profitability.