Roaring sentiment, oil production promise, fast-moving geopolitics and a tanker-hungry buyer narrow new and secondhand price ...
Crude tanker bellwether Frontline has chartered out seven of its VLCCs for a year at an eye-popping $76,900 per day to a counterparty understood to be Sinokor. The John Fredriksen-backed shipowner ...
January hits one of the highest monthly VLCC ordering totals on record, but analysts say newbuildings make sense ...
Shipbrokers highlighted that Sinokor often paid above market levels to secure mid-aged vessels. For instance, while a 15-year ...
Driven by North American capital and Asian manufacturing, the sector has shifted from bank debt to Sale and Leaseback models.
Technology group Wärtsilä has signed a contract to supply the engines for Allseas’ new purpose-built semi-submersible Heavy ...
Wärtsilä will supply the engines for the Grand Tour, a new purpose-built semi-submersible heavy transport vessel (HTV) on ...
When it comes to new ocean ships, luxury cruise lines will steal the spotlight in 2026. Two new luxury lines -- Four Season Yachts and Orient Express Sailing Yachts -- will enter the market, and two ...
Late last week, the Navy announced a replacement for the ill-fated Constellation frigate. The new ship would be “a smaller, more agile surface combatant designed to complement the fleet’s larger, ...
From record-setting sales to growing passenger counts, it’s no secret the cruise industry is healthy and thriving. And next year, travelers will have even more options for floating vacations, as a ...
On Oceania Cruises’ new flagship, the spot occupied by the library on her older sister is now The Crêperie on Deck 14, trading the quiet rustle of pages for the alluring aroma of vanilla and ...
From Hercules to Bigfoot, the world loves a myth, and autodom has its fair share. We've even compiled some of the dumbest car myths that readers have heard. Spoiler alert: a car engine's break-in ...
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