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GLOBALSplash2475h ago

Ernst Russ doubles down on tankers with Cargill-backed pair

German shipowner Ernst Russ has doubled down on its move into tankers, acquiring another two chemical and product tanker newbuildings in China and fixing both to Cargill. The Hamburg-listed group has…

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MIDDLE EASTSplash2473h ago

Hormuz attacks reach wartime high

The US-Iran conflict has descended into an increasingly literal tanker war, with this week registering the largest wave of attacks on shipping since hostilities began on February 28. US forces…

MIDDLE EASTContainer News6h ago

ESL KHORFAKKAN makes milestone call at Khorfakkan Port

Khorfakkan Port has welcomed ESL KHORFAKKAN, the first vessel in Emirates Shipping Line’s fleet to carry the name of the UAE city. Gulftainer described the call as a milestone in its longstanding…

GLOBALSplash2472h ago

Safe Bulkers raises $94m for fleet push

Polys Hajioannou-led Safe Bulkers has raised €80.4m ($93.5m) through a private placement, adding fresh capital to fund its growing newbuilding programme and potentially pursue further vessel…

GLOBALSplash2472h ago

The return of the small shipowner

Sunil Kapoor on why technology is changing the balance in shipping. When we acquired our vessel, several shipmanagement companies approached us. Nearly every conversation began in the same way: “Let…

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