New entrants and fresh investment are creating an increasingly fractured shipowning landscape in the tanker and bulker sectors, according to Greece’s Xclusiv Shipbrokers. This is despite consolidation ...

Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...

South Korean private equity firm Hahn & Company has appointed Morgan Stanley to sell one of the country’s best known ...

South Korea’s three major shipbuilders — HD Hyundai, Samsung Heavy Industries and Hanwha Ocean — have won fewer large boxship ...

Great Eastern Shipping sells medium-range product tanker Jag Padma, continuing fleet optimization with 41 vessels.

The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell a 2005-built Medium Range product tanker of about 47 999 dwt on 31 October 2024 to an unaffiliated third party. The ...

Stifel downgraded Star Bulk Carriers (SBLK) to Hold from Buy with a price target of $21, down from $30. The firm says that for the better part ...

The tanker, however, will remain empty of any nuclear materials during its three-week test run. “Fitting twenty-first century autonomous sails to commercial ships could immediately reduce energy ...