Norway’s AF Gruppen has acquired all shares in UK‑based engineering and decom service provider Claxton from Acteon Group for £63.5m ($86m). The deal is being paid in cash from AF Gruppen’s liquidity ...

Four states have deposited their instruments of ratification of the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious ...

Akrotiri Tankers is pushing further into the newbuilding market, branching out into larger crude tonnage. The Athens-based owner, run by Marielena Procopiou and Konstantinos Lampsias, has returned to ...

Singapore-based Norse Shipholding has placed firm orders for four 1,800 teu container vessels at China’s Fujian Shipbuilding Industry Group, as it looks to expand its feeder fleet. The deal also ...

Iran escalated its rhetoric on Wednesday, with the commander of its joint military command threatening to extend disruption far beyond the Strait of Hormuz unless Washington lifts its naval blockade ...

Exmar is set to take delivery of the world’s first ammonia-powered gas carriers, marking a milestone in the shift towards alternative marine fuels. The two 46,000 cu m mid-size vessels, named ...

Nasdaq-listed Greek tanker owner Performance Shipping has agreed to sell its oldest vessel as it continues to reshape its fleet. The 2010-built aframax P Aliki has been picked up by Trafigura Maritime ...

Chinese bulker owner Yangpu Zhongxin Shipping is stepping further into the tanker sector with a newbuilding deal worth close to $350m. The Hainan-based outfit has contracted Yangzhou Ryuwa ...

A supramax bulk carrier controlled by Lomar is set to host the maritime sector’s first at-sea pilot of methane removal technology, marking a shift from emissions reduction to active greenhouse gas ...

Greek shipowner Harry Vafias has returned to the VLCC segment after some two decades away, lining up a fresh order in South Korea. Vafias-backed outfit, Stealth Maritime, has contracted two 320,000 ...

Indonesia’s Buana Lautan Line has sealed a surprise purchase, adding the 138,000 cu m Seapeak Jupiter, a 2002-built steam turbine LNG carrier, for $14.9m. The vessel has been renamed Gas Polaris, ...

Nearly 50 days into one of the most disruptive shipping crises in history, diplomatic signals and military escalation are running in parallel. Donald Trump has said the war in the Middle East is ...