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Polembros chief executive George Vakirtzis to step down as next …
Dec 11, 2024 · The suezmax was held for nearly six months. Alongside the 157,400-dwt Delta Poseidon (built 2011), the Prudent Warrior served as a bargaining chip in exchange for the Iranian-flagged 115,400-dwt ...
‘Very scary’: Master reveals how crew saved JP Morgan tanker …
Dec 6, 2024 · The master of the 110,000-dwt product carrier (built 2018) had just finished dinner on 26 January when a ballistic missile hit the vessel, sparking a fire that threatened to engulf the whole ship.
Baltic Dry Index nears 1,000-point level as earnings for big bulkers ...
Dec 13, 2024 · This means the BDI has fallen by 41% since its last peak of 1,785 points on 15 November. Demand for capesize bulkers has been soft and cargo order volumes have been low for panamaxes in the Atlantic.
German shipowner F Laeisz ties up entire container ship fleet with ...
Dec 4, 2024 · The vessels represent a total capacity of 5.37m teu, about 17% of the global container fleet capacity deployed between Asia and North America, Alphaliner said.
Houthis fire barrage of missiles at US war and supply ship convoy …
Dec 1, 2024 · In a similar incident two months ago, the Yemeni group launched 23 missiles and drones against three US warships in the Red Sea.. The Pentagon eventually confirmed the “complex” attack against ...
IMO should focus on shadow fleet not decarbonisation, Frontline …
Nov 27, 2024 · IMO should focus on shadow fleet not decarbonisation, Frontline chief says Lars Barstad optimistic that incoming US government will take tougher stance on ‘unregulated market’
Hafnia splashes $15.5m on its own shares after launching big …
Dec 9, 2024 · The programme will run up to 27 January, with Pareto Securities handling transactions. Hafnia said on Monday that last week saw 2.78m shares repurchased at an average price of $5.59 per share.
Slumping stocks, cash piles and old ships: Banker Mark Friedman …
Dec 5, 2024 · The Navig8 Group — Evercore advised Navig8 on what may have been the headline M&A transaction of the year in shipping: the $1.04bn acquisition by Abu Dhabi National Oil Co of an 80% stake in the ...
Frontline looks ‘tempting’, says Storebrand’s $1.6bn fund manager …
Dec 9, 2024 · Frontline looks ‘tempting’, says Storebrand’s $1.6bn fund manager as shipping stock rally unwinds Funds hold Golden Ocean, Hafnia, Stolt-Nielsen and Wallenius Wilhelmsen