Buyer signs up to $2bn credit facility to fund acquisition, and is committed to fully acquire tanker owner in 2027.

The benchmark Baltic Dry Index (BDI) dropped below the psychological threshold of 1,000 points on Wednesday. The index dropped 4.83% to 966 points on 8 January.

Can the dry bulk shipping market turn around from the slump in Q4 2024, or will supply of new ships out weigh demand?

In the first episode of the Seatrade Maritime Podcast for 2025 you will hear from Maritime Strategies International (MSI) analysts Adam Kent, Daniel Richards, Will Fray, and Tim Smith. They will ...

Speaking at Petrospot’s Maritime Week Americas Tolson, owner of the consultancy 2050 Marine Energy and Vice Chairman of the International Bunker Industry Association (IBIA), explained that the ...

The company has inked two operating lease contracts for five 70,000 dwt pulp carriers with Bank of Communications Financial Leasing and China Merchants Bank Financial Leasing, respectively, and ...

The group’s ports handled a total container throughput of 136.53 million teu in 2022, up by 1.1% year-on-year, and bulk cargo volume of 547 million tonnes, down by 3.6%. Among which the ...

China Merchants Energy Shipping has exercised option for two 175,000 c m LNG carriers newbuildings at DSIC and inked new contracts with the shipyard for the construction of two firm plus two ...

“This is one of the main pillars of the Vision 2030 Document, which is being given shape at the moment,” said Director-General of Shipping (DGS), Amitabh Kumar, while helming a session on ...

Many responsible shipowners and charterers are saying they will not transit through the Red Sea and the Suez Canal because of the inherent risk that exists, said Angad Banga, COO of the Caravel ...

In a five-part series mid-year we take stock of shipping markets in the first six months of the year and look ahead to the remainder of the 2024 with experts Maritime Strategies International (MSI).

Container line earnings have been on a downward trajectory since the peak of pandemic-induced rate hikes in the second quarter of 2022. The downward spiral brought a net loss across the largest ...