Russian traders have resumed transferring Urals crude onto very large crude carriers (VLCCs) for deliveries to Asia via ship-to-ship operations, traders said and LSEG data showed, as stronger Chinese demand and higher freight costs revive the practice.China is expected to…
Japanese shipping company Kawasaki Kisen Kaisha (K Line) announced that it has signed shipbuilding agreements with Nihon Shipyard for the construction of three very large crude carriers.
COSCO Shipping Holdings subsidiary COSCO Asset Management entered into shipbuilding agreements on to construct 18 container vessels for an aggregate value exceeding $2.9 billion. Under the first contract, Shanghai Waigaoqiao Shipbuilding and China Shipbuilding Trading will build 12 liquefied natural…
Golden Energy Offshore Services (GEOS) reported freight revenues of NOK105.6 million ($10.5 million) for the first half of 2026, representing a 49.2 per cent decrease from NOK208 million during the same period in 2025.
Nordic American Tankers posted a net profit of $68.3 million for the second quarter of 2026, rising from $46.3 million in the previous quarter and reversing a net loss of $0.9 million recorded during the same period in 2025.
Turkey increased its imports of diesel from the United States and India in August to record levels, shipping data showed, as a Russian ban on diesel exports and wider disruption caused by the Iran war prompted its importers to diversify…
