Bjarne Foldager, senior vice president and head of the company’s two-stroke business, defended the sale of the ME-GA engines.

New York-listed Global Ship Lease (GSL) has confirmed its first big container ship purchase of the year. The Greek tonnage ...

Capesizes were down 10% from Tuesday at $13,300 per day. The forward freight agreement (FFA) market is pricing in capesize ...

Akastor, which has one offshore vessel itself, is 37% owned by Rokke’s Aker Kvaerner and 15% by investment bank Goldman Sachs ...

The sweeping sanctions issued by the US on Tuesday has more than wiped out the 2025 VLCC orderbook, analysts at Fearnleys ...

Among the deals TradeWinds has not already reported, South Korean owner SK Shipping is said to have raised $68m in total from ...

New York-listed fund Fortress Transportation and Infrastructure (FTAI) has sold its last two vessels as it focuses on ...

Dry-cargo shipbroker Lightship Chartering is targeting the futures sector by launching a specialised derivatives brokerage in ...

Iranian crude exports stood at 2.6m barrels a day (bpd) in January 2017 as Trump started his first administration before ...

Jinhui Shipping and Transportation has acquired an ultramax bulker from Sea 17 Leasing Co. The Oslo and Hong Kong-listed ...

UK maritime security and intelligence company Ambrey has appointed a new boss as founder Chris Charnley takes a step back.

A Gabon-flagged aframax carrying Russian crude is avoiding the English Channel after being sanctioned by the UK last month.