Danish shipping company J. Lauritzen Group has agreed upon main terms for a new financing package from banks and its owner, Lauritzen Fonden.With the new financing package, the firm intends to improve the capital structure and ensure the co

Unless the International Maritime Organization (IMO) makes significant progress as part of its CO2 reduction strategy for the shipping sector the industry could be vulnerable to regional action, the Chairman of the International Chamber of

The People’s Court in Hanoi has sentenced Tran Van Liem, former director general of Vinashin Ocean Shipping, and Giang Kim Dat, the state-run shipping company’s former sales manager, to death after finding the two men guilty of embezzling

Bermuda-headquartered owner and operator of liquefied natural gas carriers Teekay LNG Partners experienced a growth in its net income for the fourth quarter of 2016, which rose to USD 91.4 million from USD 77.1 million in the same period of