The US is providing temporary sanctions relief for “stranded” Russian oil, Treasury Secretary Scott Bessent said on Monday.

Greece’s Diana Shipping has cashed in some of its shares in US takeover target Genco Shipping & Trading. Diana claims it is ...

Ship managers are becoming more vulnerable to claims after taking over defective vessels, UK insurer International Transport ...

The longer the Strait of Hormuz crisis goes on, the more likely countries, including US allies, will be willing to pay Iran ...

The shipowner, which is already a partner in TI’s VLCC pool, has placed its 157,017-dwt newbuilding Morning Star in the pool ...

Golden Energy Offshore Services’ (GEOS) two largest shareholders have begun a strategic review of their investment in the ...

An Eastern Mediterranean Maritime VLCC has made it past a US blockade of the Strait of Hormuz five days after it was ...

Icelandic container line Eimskip is facing disruption in a strike by seafarers over wages. The Reykjavik-listed owner said ...

Greek owner Anthony Comninos’ Horizon Tankers is reported to be the other owner involved in Danish group Torm’s big resale ...

UK broker Clarksons lists the Chinese owner with 13 ships on order, all container vessels and offshore units. Columbia has ...

Iran has floated plans for an insurance scheme for ships to pass through the Strait of Hormuz to increase its hold over the strategic waterway. State-controlled media claimed that the scheme — dubbed ...

New financing plans could ease the pressure on a US initial public offering (IPO) for Tor Olav Troim's VLCC start-up Bruton.