Greek dry bulk owner Diana Shipping has fixed its 2013-built capesize on a new period charter with Glencore Freight, securing cover through at least late 2026. The 2013-built P S Palios will earn a ...

Wallenius Wilhelmsen has extended two major shipping contracts that together carry an estimated added value close to $500m. Chief customer officer Pia Synnerman said the renewals underscore “long and ...

The capesize market is ending the year with a burst of momentum rarely seen outside cyclical peaks, as tightening tonnage and strengthening long-haul trade routes drive spot rates to their highest ...

Chinese builder Dajin Heavy Industry and Germany’s Briese Schiffahrts have signed a memorandum of understanding to develop an international offshore wind hub at the Port of Cuxhaven. The project will ...

Ocean Network Express (ONE) has advised that the owners of the ONE Henry Hudson have declared general average in relation to the fire that hit it while docked at the port of Los Angeles 10 days ago.

South Korea’s Hyundai Glovis has signed a long-term charter deal for liquefied natural gas (LNG) carrier newbuild with a global trading company. Under the agreement, the Seoul-based shipping arm of ...

Insurance rates for ships trading in the Black Sea have jumped sharply following a fresh wave of attacks on vessels linked to Russia. Citing data from Marsh, the world’s largest insurance broker, ...

The S&P market is seeing strong momentum. In terms of age profile, 10–15-year-old ships are once again among the most sought-after, supported by capesize rates now closing in on the $45,000 per day ...

Pierre Aury gives readers a renewable fuels guide. As the International Maritime Organization has decided to postpone by one year the approval of its proposed Net Zero Framework (NZF) we have decided ...

Large bulkers specialist Winning International Group has expanded its push into the very large ore carrier segment, ordering another six 325,000 dwt VLOCs from CSSC Beihai Shipbuilding to support its ...

Havila Shipping has secured more work with Equinor after the Norwegian energy major exercised fresh options on one of the owner’s platform supply vessels. The latest extension covers the PSV Havila ...

Shipping is standing on the edge of its biggest productivity shift in a generation – and this time, it’s not driven by a new hull design or fuel type, but by artificial intelligence. After years of ...