owners
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Port News
Japanese owners cash in as aframax prices hit record highs
Nissen Kaiun is capitalising on surging tanker asset values, offloading modern eco aframaxes at levels rarely seen before. The most…
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Port News
Mumbai owner’s MR splurge keeps brokers busy
Mumbai-based Seven Islands Shipping’s appetite for MR tankers continues to turn heads, with fresh deals underlining an aggressive expansion drive…
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Port News
Key Bridge insurer settles with Dali owners for $350m
The insurance company that paid out $350m to Maryland following the collapse of Baltimore’s Francis Scott Key Bridge has reached…
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Port News
Retrofit market stalls as owners wait on rules
Shipowners are holding back on engine retrofit decisions despite growing technical readiness, as uncertainty around decarbonisation rules continues to cloud…
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Port News
Alba Tankers gets new owners
Denmark’s Alba Tankers has seen the change of ownership with fellow ship investment vehicle Zeaside Capital Partners taking control of…
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Maritime News
Sea Cargo Charter Calls on Owners to Stay the Course on Decarbonization
The leaders of a prominent pro-decarbonization industry platform are asking shipowners to stay the course on the green transition, despite…
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Port News
South Korean owners turn to Chinese yard for new boxship tonnage
South Korea’s Namsung Shipping and Dongyoung Shipping have turned to China for new tonnage, placing orders for four containerships at…
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Maritime News
Bulgaria Seeks Reimbursement from Owners of Salvaged Shadow Fleet Tanker
Bulgaria’s Maritime Administration presented a bill to the representatives of the Chinese-owned shadow fleet tanker that it was forced to…
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Maritime News
Bourbon Emerges From Long Restructuring With New Private-Equity Owners
French offshore services company Bourbon has completed its financial restructuring program with the support of two new majority shareholders. The…
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Marine World
War Insurance Costs Spike for Ship Owners as Black Sea Threats Grow
War insurance costs for ships sailing to the Black Sea have spiked again, with insurers reviewing policies daily as the conflict in…
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