The depressed liquefied natural gas (LNG) carrier sector sees nearly 60 vessels, according to data from Clarksons Research. In a striking sign of shifting market fundamentals, shipowners—particularly ...

In the latest twist in the trade war unleashed by Donald Trump, an American federal court has blocked the president’s sweeping tariffs. The Court of International Trade has ruled that the ...

Japan’s Ports and Harbours Bureau at the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has plans to achieve carbon net zero by 2050 at all Japanese ports via a new Carbon ...

The largest shipping company in Japan in dwt terms is listed with more than 20 VLCCs, and six more LNG dual-fuelled newbuilds set to deliver from Dalian COSCO KHI Ship Engineering (DACKS) between ...

In November 2022, the company took ownership of its first VLGC, the 2016-built 83,000 cu m Chang Xing Yuan (pictured), formerly known as Gas Aries and acquired from compatriot Tianjin Southwest ...

Mette Frederiksen, head of research and insight at Tankers International, writing for Splash earlier this year about the ageing VLCC fleet, noted that for the ships beyond 18 years, efficiency ...

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UAE-based Adnoc Drilling has landed a $1.15bn jackup rig contract from state-owned Abu Dhabi National Oil Company (ADNOC). The deal… ...

Estonia has launched a €25m ($28.3m) government grant designed to encourage the reconstruction and greening of passenger and cargo ships,… Okeanis Eco Tankers is pulling its three youngest ...