Disruption to global airline networks linked to the conflict in the Middle East is driving up crew change costs and creating mounting operational headaches for shipowners and managers, according to ...

A US Navy F/A-18 Super Hornet launched from USS Abraham Lincoln has disabled the Iranian-flagged VLCC Hasna in the Gulf of Oman after the vessel allegedly attempted to breach the American naval ...

The Hormuz crisis has broken the tanker market’s age depreciation curve entirely, with five-year-old VLCCs now trading above the price of a brand new vessel ordered from a Korean shipyard. According ...

The Trump administration’s Project Freedom operation to guide stranded vessels out of the Persian Gulf through the Strait of Hormuz has been suspended after just two days, as Iran pressed ahead with ...

Weathernews has made vessel tracking and marine weather data for Middle East waters temporarily free on its SeaNavigator platform as tensions around the Strait of Hormuz continue to disrupt shipping ...

France’s CMA CGM Group is pushing further inland in the Gulf, signing a cooperation deal with AD Ports Group to extend its reach beyond the quay at Khalifa port. The liner major, alongside CMA ...

COSL Drilling Europe has secured another contract extension for its semisubmersible COSLPioneer, with Vår Energi exercising the second option on the rig in Norway. The latest extension will keep the ...

Oslo-listed Stainless Tankers is reshaping its leadership, with a change at both board and executive level as the Tufton-backed owner prepares for its next phase. Chairman Ted Kalborg will step down ...

Damen Shipyards has started operations at a key West African repair base after forming a joint venture with the Senegalese government to run facilities in Dakar. The Dutch group has partnered with ...

Bremen-based D. Oltmann Reederei has been identified as the European owner behind four 10,010 teu container ship orders placed at Korea’s HJ Shipbuilding and Construction, according to Alphaliner. The ...

Defending today’s demolition model may be pragmatic, but it risks locking the industry into a compromise it was never meant to keep, argues Captain Soumitro Roy from the Elegant Exit Company. Dr Anand ...

Oslo-listed tanker newcomer Bruton has fixed its first VLCC on a long-term deal ahead of delivery. The Tor Olav Trøim-backed company said the 300,000 dwt Mount Vision, due for delivery from China in ...