Frontline Secures Financing for Eight Newbuildings

Tanker owner and operator Frontline has secured a commitment for a senior secured term loan facility of up to USD ...

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Odfjell "Most Likely" to Cancel Five LPG Vessels

As the construction of its newbuildings continues to be substantially delayed, Bergen-based shipping and tank ...

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Navig8 Chemical Secures Funds for Stainless Steel Duo

Chemical shipping company Navig8 Chemical Tankers has secured financing for its remaining two 25,000 dwt stainless ...

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Two More LNG-Powered Tankers for Gothia Tanker Alliance

Sweden-based shipowner Furetank Rederi AB and its compatriot Rederi AB Älvtank have contracted two additional ...

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Metrostar Sells Two VLCC Newbuildings

Greek shipping company Metrostar Management Corp has decided to sell two 308,000 dwt Very Large Crude Carriers ...

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Euronav Pushes Delivery of Two VLCCs at HHI

Antwerp-based tanker owner and operator Euronav NV has agreed with South Korean shipbuilder Hyundai Heavy ...

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Scorpio Bulkers Cuts Vessels' Price, Pushes Deliveries

NYSE-listed dry bulk owner and operator Scorpio Bulkers has reached agreements with shipyards to reduce the price ...

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Navig8 Chemical Cancels Five Newbuildings at STX

Navig8 Chemical Tankers has cancelled contracts to construct five 49,000 dwt medium range tankers at South Korean ...

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Klaveness, EGD Partner Up on Two Newbuildings

Norwegian company Klaveness Shipholding and its compatriot EGD Shipholding have reached an agreement to partner in ...

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TORM Secures Financing for LR2 Newbuildings

Danish shipping company TORM has entered into a financing agreement for four LR2 newbuildings scheduled ...

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Ocean Yield Completes 6 Mega Boxships Share Acquisition Deal

Norwegian ship-owner Ocean Yield ASA has formally acquired 49.5 percent in six newbuilding mega boxships owned by ...

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COSCO Shipping Reshuffles Newbuilding Orders

China’s COSCO Shipping Company Limited (COSCOL) has decided to upgrade three from a total of seven heavy lift ...

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Pioneer Marine Abandons Two Final Newbuildings

Oslo-listed shipowner and dry bulk transporter Pioneer Marine has decided to terminate the last two of ...

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Cancelled Newbuildings Widen Pioneer Marine's Loss

Oslo-listed shipowner and dry bulk transporter Pioneer Marine reported a net loss of USD 13.9 million for the first ...

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Pioneer Marine Drops Five More Newbuildings

Oslo-listed shipowner and dry bulk transporter Pioneer Marine has cancelled newbuilding contracts for five Green ...

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DHT Takes Delivery of VLCC DHT Lion

Bermuda-headquartered crude oil tanker company, DHT Holdings, has taken delivery of a very large crude carrier ...

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Dorian LPG Winds Up Newbuilding Deliveries

Nasdaq-listed owner and operator of  Very Large Gas Carriers (VLCC) Dorian LPG Ltd. took delivery of its 19th and ...

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Newbuildings Turn Up the Heat on Chemical Shipping Rates

Chemical shipping freight rates for both contracts of affreightment and spot cargoes will be under pressure ...

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Four Cruise Ships Joining Carnival’s Fleet in 2016

Cruise shipping giant Carnival Corporation & plc said it will launch four new ships in 2016 across four of its ...

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Euroseas Delays Newbuild Trio, Inks Refinancing Deals

Euroseas Ltd., Greek owner and operator of drybulk and container carrier vessels, has pushed delivery schedules for ...

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Gener8 Maritime Nets USD 259 Loan for Its Chinese VLCCs

New York-headquartered tanker shipping company Gener8 Maritime, Inc. has entered into a senior secured credit ...

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