Ocean Yield boss says profit to grow, but company’s own finance costs will rise

But the war-torn country’s crude exports are not expected to increase significantly in the near future

Swedish owner says getting seafarers on to newbuildings is still a struggle despite lockdowns easing

Company posted $12.5m profit for the same period last year

Norway, Denmark, the Philippines and some others will open borders to seafarers and increase flights to help with repatriation

Zhejiang Petroleum & Chemical reportedly receives the government license to sell oil products to overseas buyers

Gus Antorcha, Carnival Cruise Line chief operating officer, has replaced Orlando Ashford as Holland America Line’s new president

Singapore-listed yard sitting on a potential 16 more dual-fuel vessels from Hong Kong-based investor

Indian largest shipowner wants to add more tankers to its fleet over the coming year

Government ministry lines up deal for ferry that took 10 years to build as replacement for 39-year veteran