Hans Thaulow

Emanuele Lauro-led Scorpio Tankers has shipped out twelve Korean-built MR vessels this year, eying the half-a-billion mark in sales in the 50,000 dwt segment before the year ends.

Cido Shipping's cape exit has been confirmed as Chinese cape player Rongchang welcomes its fourth cape in three years.

Dasin, a Dalian-originated outfit working out of Singapore, is selling seven 57,000 dwt Hantong-built bulk carriers leaving it with just two ships in its fleet.

With VLCC earnings in solid territory, it's no surprise that fresh sales emerge weekly in broking reports across the globe.

Two European tanker specialists have offloaded one ship each to Indonesia's state-owned shipping giant, Pertamina. The Jakarta-based company had 98 ships in its fleet before its latest purchase.

Zhangjiagang Oceanicwit Shipping is on a relentless shopping spree, showing no signs of slowing down.

NYK Bulkship Korea, which is a part of the larger Nippon Yusen Kaisha (NYK) empire, has cashed in close to $12m for the 25-year-old, 173,000 dwt

Bahri, Saudi Arabia’s leading shipping line, is accelerating fleet renewal efforts by actively buying and selling vessels. Brokers report that the shipping giant has tabled $101m for two 2021-built, 50,000 dwt sister ships—Maritime Inspiration and Maritime Verity—from Singapore-based IMC Shipping. CSSC Guangzhou Longxue Shipbuilding built both ships. In another deal, Bahri reportedly added a six-year-old …

Bangladesh’s Anti-Corruption Commission (ACC) and the Criminal Investigation Department (CID) have started investigating accusations of money laundering by the Meghna Group, according to multiple reports from Dhaka. Meghna is one of the largest Bangladeshi industrial conglomerates involved in chemicals, cement, consumer products, real estate, insurance, securities, and utilities. The group also has two shipping subsidiaries, …

A string of Bangladesh bulker owners has been bidding for bulker tonnage of late. One of these is SR Shipping, a subsidiary of Kabir Steel Group, which is actively expanding and modernising its fleet.