New Zealand's government has paid NZD 144m ($84m) to scrap two newbuilding contracts in South Korea. The figure is on top of ...

Hoegh Autoliners has sold another ship as it continues capitalising on strong asset values and a weak time charter market.

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Greek owner OceanPal is cutting the number of shares in circulation once again to retain its US listing. The Diana Shipping ...

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HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has bought a Vietnamese industrial complex for KRW 290bn ($208m), ...

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Shipping investor European Maritime Finance (EMF) named Niels Bang as a new board member.

The move marked the latest salvo in US President Donald Trump’s “maximum pressure” campaign aimed at Iran’s oil industry.

US officials have ratcheted up pressure on Chinese importers of Iranian oil by sanctioning a pair of terminal companies in ...