Sanctioned by the US and Stripped of Capacity: This Shipowner Falls Deeper into Distress

As the embattled SeaLead Shipping scales back its operations, the capacity it has released is being swiftly absorbed by the market.

Does a Shipowner Have to Sell Its Ship in Order to Mitigate Its Loss? Supreme Court Says No!

In our client alert Does a shipowner have to sell its ship in order to mitigate its loss? in November 2016,...

Shipowner Who Tried to Skirt Club Rules Runs Aground in Court

The U.S. District Court for the Southern District of New York recently issued a decision finding that a...

Dubai Shipowner Weighs Share Sale, Islamic Bonds in Expansion

Gulf Navigation Holding PJSC may sell shares or Islamic bonds as the Dubai-based shipowner plans to seek funds to double or triple its fleet of oil and chemical ships, Chief Executive Officer Khamis Juma Buamim said.

PIL Singapore's largest shipowner by value

Singapore’s largest owner by fleet value is Pacific International Lines (PIL) according to...

German shipowner Hammonia wins grant for 25% fuel saving retrofits

The Dutch Postcode Lottery has funded a Carbon War Room (CWR) project to retrofit efficiency packages on three German-flagged heavy-lift vessels, with expected fuel savings of 25%. ...

US shipowner Liberty Maritime chooses Ecochlor Ballast Water Management

New-York-based shipowner Liberty Maritime has chosen Ecochlor Ballast Water Management (BWM) systems for installation aboard its fleet of seven bulkers and two ro-ro vessels. ...