Monjasa expects huge jump in profit amid Middle East disruption
Danish bunker and tanker group could make as much as $150m in 2026
Tankers
Greek owner JHI Steamship explains VLCC orders after family asset split
Strategy is to develop a modern, efficient and competitive fleet
Pao and Woo families move up Asian rich list with shipping and property fortune of $24bn
Descendants of Pao Yue-Kong control BW Group and Wheelock
Sustained Strait of Hormuz closure a risk to aluminium industry, CEO warns
KCC boss says sector has been hit heavily by Middle East war
SFL targets $50m raise in ‘very strong’ Oslo bond market
CEO Ole Hjertaker says shipping markets are generally good
Norwegian investor Galtung Dosvig sells more shares in Klaveness Combination Carriers
Stock has risen nearly 40% so far this year in strong markets
Hunter Group brings in interim CEO from Morten Astrup’s investment company
Erik Frydendal’s successor will lead transition
Eight-year-old aframax tanker sells for more than the cost of a newbuilding
Pusaka Laut cashes in on soaring values as it sells oldest tanker ahead of taking delivery of replacement newbuilding
Blockade corrals 20 Iranian-linked vessels off key port as US boards container ship
US says 39 ships have been turned back to Iranian waters since blockade began
American Steel: With US fuel prices so high, what has the Jones Act waiver actually accomplished?
Welcome to the third edition of our American Steel newsletter. A historically long Jones Act waiver has become even longer, so we’re exploring what impact it has had so far. We also look at the commercial successes of Oceaneering International’s upgrad…