Iran has a history of responding to action by its Western foes with retaliation. In January last year, its armed forces seized the 158,600-dwt St Nikolas (ex-Suez Rajan, built 2011) after boarding it ...

Clarksons Securities calculated an average decline in shipowners' stock pricing of 2% to Friday, bringing the total loss for the first quarter to 4%. But clean tanker shares recorded the steepest ...

Shipbuilding players said Lou Kollakis-led Chartworld is in contact with at least two shipyards in China for a series of ...

Net profit fell 55% to $424m in 2024, even before the latest round of US sanctions added additional burdens on the company.

Oil producer wants to cut the cost of additional war risk cover off its coasts owing to piracy and kidnap threats ...

“Shipbrokers generally value Chinese-built ships at a discount equivalent to a one to two-year age differential versus South ...

Italy’s Fincantieri is set to build two new cruise ships for Marella Cruises for over €2bn ($2.16bn). This will be the ...

“That would be, that if you buy oil from Russia, you can’t do business in the United States,” Trump said. “There will be a 25 ...

Greece’s Navios Maritime Partners has confirmed the sale of two older bulkers and revealed a new container ship disposal. The ...

One of the world’s biggest flag states is removing 125 ships in a “purge” linked to sanctions. The Panama Maritime Authority ...