In 2001 “JF” paid £37m, at the time equivalent to $52m, for the building in Chelsea’s Old Church Street, just a short bus ride from Sloane Square.

Apr 11, 2024 · Prodigy Inc — a company linked to Greek shipowner Ion Varouxakis — has made its MR tanker newbuilding debut. The Athens-based company has contracted Chinese state-owned Chengxi Shipyard to ...

Jan 3, 2025 · The company, which began ordering new vessels at the end of 2023, has extended its growing orderbook with 12 new ships. The latest vessels booked by the privately owned company span six LR2 ...

Jan 2, 2025 · The US’ largest LNG producer, Cheniere Energy, said on 31 December that it has produced the first LNG from Train 1 of its Corpus Christi LNG Stage 3 Project (CCL Stage 3) in Texas.

Oct 4, 2024 · The stock closed at $33.22m in New York on Thursday, up 2%. Oaktree’s Torm share sales have not always been so smooth. Second attempt. In December 2023, it managed to cash in some of its shares ...

Jan 31, 2025 · Read the key news headlines covering the global shipping business.

Nov 14, 2024 · Folketrygdfondet, which runs the Government Pension Fund Norway, has upped its stake in Frontline to 5.3% and Hafnia to 6% as share prices dropped as investors sold off their shares.

Nov 19, 2024 · The Oslo-listed shipowner said it garnered $23.2m in profit during the quarter, which was better than the $18.5m a year earlier. When adjusted for lease effects, Ebitda rose to $94.6m from $79m.

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Sep 18, 2024 · Trafigura splashed out $286m in May to order four ammonia-fuelled LPG carriers at HD Hyundai Mipo. The 45,000-cbm newbuildings will be capable of using low-carbon ammonia as fuel and carrying LPG ...