US investment giant KKR has launched a new container leasing and financing company with half a billion dollars in committed capital, marking its latest move into asset-based maritime investments. The ...
After rejecting Maersk Offshore Wind’s notice of termination of a contract for the construction of a near-complete wind turbine installation vessel, Singapore shipyard group Seatrium was hit with a ...
Shipping historians covering the International Maritime Organisation (IMO) would need to go back more than 40 years to a comparable setback to what played out on Friday and the downing of the Net-Zero ...
Tor Olav Trøim is deepening his comeback in the tanker sector, with Oslo-listed Bruton revealing a fresh deal that could double its VLCC newbuilding programme at China’s New Times Shipbuilding. The ...
Greek owner Primebulk Shipmanagement is closing in on a tidy profit, clearing out an elderly capesize vessel in a firming market. Brokers note that the Paul Coronis-led company is selling the 178,100 ...
The European Union is preparing its most aggressive move yet against Russia’s shadow tanker fleet, with plans to give member states the power to board and inspect vessels suspected of breaching ...