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 ...

South Korea’s HD Hyundai has signed a partnership with the Tamil Nadu state government regarding the establishment of a new $2bn shipyard in Madurai in southern India. The Thoothukudi region of Tamil ...

A third offshore wind farm project in Australia’s Gippsland offshore wind zone has been abandoned, this time by AGL Energy. According to reports from various Australian media outlets, the company said ...

The race to acquire state-controlled South Korean flagship HMM is heating up once again. Two years after the first sale attempt failed, Dongwon Group, South Korea’s largest fishing company, has ...

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 ...

Anti-bullying and harassment mandatory training is welcomed, but training alone will not solve the problem, writes Marinos Kokkinis, the CEO of OneCare Group. The decision to make anti-bullying 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 ...

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, ...

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 ...

South Africa’s Competition Commission has referred a price-fixing complaint against eight major container lines to the country’s Competition Tribunal, alleging collusion over general rate increases ...

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 ...

New York-listed boxship owner Global Ship Lease (GSL) has moved to expand its fleet, striking a deal to buy three 8,600 teu vessels for a combined $90m. The vessels — Korean-built in 2010 and 2011 and ...