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Euronav has lifted the option for a third very large crude carrier that can run on ammonia as the Belgian tanker owner renews its fleet after selling 24 VLCCs to Frontline

Missiles and drones targeting Eilat have missed or been intercepted, but the threat to shipping in the Red Sea has deterred shipowners from calling

A full lifecycle approach and predictable measures will be key in IMO’s upcoming decisions to select technical and economic measures, as shipping companies and energy producers need certainty to invest in new technologies

Biggest rally for decade falters, with capesizes down nearly 40% since Monday

Yemen’s Houthi rebels claimed they would not attack ships “except for ships belonging to the Zionist enemy or those related to it”

UK sanctions four companies linked to 82 tankers in Russian oil trades | CSSC yards flex muscle with multiple newbuild orders at Marintec China | Appetite for costly dual-fuel revamps may spur new financing needs

The Danish company says it has secured sufficient green methanol to cover the vessel’s maiden voyage

Decarbonisation and sanctions remain the two most important subjects for shipping regulations in 2023 on the back of looming environmental controls and sanctions that start to bite

Dual-fuel retrofit frenzy, including Cosco’s recent plan to convert up to 11 20,000 teu ships to methanol, presents opportunities for shipping lenders

Zhu joined state investment firm China Chengtong Holdings in 2015, rising to chairman before moving to Cosco Shipping