The US has slapped sanctions on five traders for their alleged role in shipping Russian oil to North Korea.

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

The Athens-based company, which has a transparent policy of disclosing all its mid- and long-term chartering agreements, said ...

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

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

The Finnish government is to build a new Baltic icebreaker to replace one of its existing eight vessels, The announcement ...

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

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

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

State-run Ukrainian Danube Shipping Co (UDP) has failed to sell a set of unprofitable, small and ageing ships it wanted rid ...