Helsinki-listed Wartsila has sold its automation, navigation and control system business to Swedish investment firm Solis ...

Brokers are reporting a complete lack of longer-term tanker deals as spot rate weakness gives charterers the upper hand.

A trio of Russian shadow LNG carriers apparently remain idle with cargoes on board off the country’s Far East coast. One of ...

“The bears are beginning to roar, but we think there is enough demand for deep-sea roll-on/roll-off (ro-ro) transportation ...

VLGC spot rates seem set to hold onto recent striking gains as tonnage stays tight for January fixtures, brokers and analysts ...

George Procopiou’s Sea Traders, is exiting the container ship sector by selling its last cellular vessel. The 5,100-teu Sofia ...

VLCC spot rates have hit a new low point for 2024 as stable period charter rates prompted analysts to hold firm to a belief ...

The US could impose fresh sanctions on the Russian shadow fleet in the final weeks of Joe Biden’s administration. Treasury ...

The owner will be renamed Taylor Maritime Limited following a vote at a shareholders meeting in January. Chairman Henry ...

Torm has owned the ship since 2008, when it bought it from Teekay Corp, according to data from VesselsValue. It is the third ...