Chinese shipowner Nanjing Yangyang Chemical Transport & Trade is expanding its fleet with more newbuildings. The company, ...

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Purus chief executive for offshore engineering Tom Nevin tells TradeWinds why demand for the company’s CSOV fleet shows no sign of slowing ...

The International Energy Agency is speaking with leaders in Asia and Europe to release more stockpiled oil if necessary, ...

A drifting and damaged Russian shadow LNG carrier is to be towed to a Libyan port after the vessel turned up in the country’s ...

An Indian officer has revealed the Iranian navy escorted his LPG carrier through the Strait of Hormuz last week. The seafarer ...

Ryan Lynch has resigned as chief executive of Hanwha Shipping, the shipowning arm of the Hanwha Group maritime and defence ...

The threat of massive escalation in the Middle East war subsided on Monday, after US president Donald Trump cancelled a ...

John Fredriksen’s private investment vehicle Seatankers Management has turned to a surprise Chinese shipyard for an order covering VLCCs and newcastlemax bulkers. Multiple shipbuilding players said ...

Revenues sagged 18% to THB 9.3bn over the period, mainly due to lower freight rates. Profits continued to fall in the second ...

Two “zombie” vessels have exited the Strait of Hormuz using the names of ships long consigned to breakers' beaches. A tanker has signalled it has left the narrow waterway eastbound, with its AIS ...

The war in Iran is pushing up tanker values, and how long that holds will be determined by when the Strait of Hormuz opens. Clarksons said the crude tanker stocks it covers trade at 1.09 times net ...