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 ...

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 final session of Geneva Dry’s opening day tackled what many in the room consider the dry bulk industry’s most existential question: in a world of instant data, AI-powered analysis and algorithmic ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Nissen Kaiun is capitalising on surging tanker asset values, offloading modern eco aframaxes at levels rarely seen before. The most talked-about sale in this weekend’s broker reports has been the 2018 ...

The Prokopiou family is stepping further into the tanker market with the launch of a new company that has wasted little time securing its first newbuilding slots in China. New entrant Beacon Tankers ...