Diana Shipping has cut its stake in Genco Shipping & Trading below 10%, continuing a rapid unwind of the position following the collapse of its takeover attempt last month. Fresh SEC filing shows…
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The war around the Strait of Hormuz entered an increasingly dangerous tanker-for-tanker phase this week, with the US striking Iranian state tankers in retaliation for attacks on commercial shipping…
The start-up Terra Nova Expeditions announced this week that it has been forced to change plans for its inaugural expedition cruise season to Antarcti...
COSCO, the world’s largest shipowner by fleet size, has strongly rejected allegations that its commercial vessels are being used to collect military intelligence for Beijing. The Chinese…
Chinese chemical tanker owner Nanjing Shenghang Shipping is scaling up its fleet renewal programme with plans to spend CNY994.8m ($148m) on six 13,500 dwt stainless-steel chemical and product tanker…
Monaco-based Scorpio Tankers has put three product tankers on three-year charters carrying more than $110m in aggregate gross revenue at the disclosed headline rates. The Emanuele Lauro-led owner has…
Argentina’s Vaca Muerta shale boom is creating more than an energy revolution. Its demand for silica sand may provide the cargo base needed to revive long-delayed infrastructure projects, from…
The Morning Manifest
One briefing, every morning at 07:00 Riyadh time — the cargo and freight stories that matter across the Kingdom and the region.
