According to a new Petrofin survey, banks remain the largest source of industry financing, despite growth in finance from other quarters

US-listed capesize specialist becomes latest to tap nascent Greek market for funds to grow fleet

US bulker owner warns shareholders not to fall for suitor’s allegedly ‘misleading’ tender offer

Tanker stocks thrive amid disruption and inefficiency. The way things are going between the US and Iran, the Hormuz crisis appears far from over — and tanker stocks are yet again on the ascent

Latest deadline in long-running merger battle expires this week as Diana sends ‘final reminder’ on tendering shares

Energy giant takes 15-year-old Briolette for further three years

Acquisition of three decades-old company gives Heidmar offices in Netherlands and Türkiye as well as crewing operation in Ukraine

Europe’s catch-and-release strategy for stateless shadow fleet ships now comes with a benchmark price tag of €1m — not enough to derail the practice, but apparently sufficient to divert some voyages and enough to attract cries of ‘illegal piracy’ from Moscow

Whether demand can absorb the tonnage flowing back into the Middle East Gulf market has become a key question dividing views on market outlook

Keralam’s chief minister has criticised MSC and Adani for announcing a $1.4bn, 49% stake deal for the new Vizhinjam transhipment port without informing the state, insisting that any change in the concessionaire’s ownership must first receive government approval

The removal of the US naval blockade and a waiver on sanctions will allow continued flows of Iranian barrels. But a lack of demand from its key customer, China, could prove to be a challenge in restoring pre-crisis levels