A 33% chop in estimates for global oil demand in 2025 by the International Energy Agency on Tuesday was exactly the type of bad news that already-battered tanker stocks didn’t need. Most of those ...

Four-ship owner Toro Corp has completed the spin-off of one-ship tanker business Robin Energy on New York’s Nasdaq. Monday’s completion of the launch was announced Tuesday as Toro reported ...

Fitzpatrick said another “significant win” for seafarers and shipowners was the guidelines on the Fair Treatment of Seafarers now being referenced in a mandatory standard in the code, in the event of ...

This is the second Diana panamax to be employed by the Singapore-based charterer. On 16 December, Athens-based Diana had announced a deal of between nine and 11 months with China Resource for the ...

Momentous day as shipping become first industry with a global carbon price, but the result are complex rules that may lack sufficient impact to drive change ...

Greek shipping tycoon George Economou is reported to be looking for a new supply partner for Italy’s biggest oil refinery.

UK alternative financier Hayfin Capital Management has revealed new investment from Japan’s Sumitomo Mitsui Trust Bank as it seeks to boost shipping exposure.

Giant Japanese shipowner NYK is launching a fourth sale of “transition bonds” to further green investments. The JPY 16bn ($112m) issue will carry interest of just 1.24%, the company said. The ...

A Russia-trading, Nigerian-owned suezmax has turned up in the fleet of a one-ship, Hong Kong-based company. According to broker reports, the 151,200-dwt Simoon (built 2004) was sold by Olimpex Nigeria ...

Major Greek shipping firms Thenamaris and Eastern Mediterranean Maritime (Eastmed), known for their shrewd market moves, appear to be accelerating their fleet renewal programmes. According to brokers, ...

DHT Holdings has confirmed the sale of its only two Chinese-built VLCCs. The New York-listed tanker owner said it sold the 320,000-dwt DHT Lotus and DHT Peony (both built 2011) to an undisclosed buyer ...