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The tanker market has kept on showing little signs of a recovery over the past couple of months.

Natalia Shipping Co. New Owner of Auctioned Vessel ‘Varada Blessing’

A Singapore-flagged vessel “Varada Blessing” was auctioned off for 81 million yuan ($12 million) at Taobao.com, Guangzhou Maritime Court and higher people’s court in South China’s Guangdong province told Xinhua.

New owner for Weihai Samjin Shipyard

The restructuring plan for bankrupt Weihai Samjin Shipyard has been approved by both creditors and the local...

Hong Kong owner branches out into lubes

A well-known Hong Kong shipowner today launches a new business in China. Antony Marden, who heads up dry bulk...

Sainty Marine sued by fishing vessel owner over collision damage

Sainty Marine has announced that the private shipowner of a fishing vessel has filed a lawsuit against the...

Dry bulk ship owner Jinhui Shipping reports lower fourth quarter results

The Board of Jinhui Shipping and Transportation Limited is pleased to announce the unaudited condensed consolidated results...

Billionaire Sewol company owner confirmed dead

Yoo Byung-eun, fugitive billionaire owner of the sunken Korean ferry Sewol, has been found...