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?
Following a rollercoaster ride of a year for shipping last year where are shipping markets headed in 2025? Get the view of the experts ...
Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a ...
Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America. Michèle first came to Panama as a ...
The vessels will be classified by Japanese classification society ClassNK and are due for delivery from the first quarter of 2026. Lepta Shipping and Yangzijiang Shipbuilding have established long ...
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).
Cosco Shipping Bulk has inked a contract for ten 82,000 dwt bulk carriers with Jiangsu Hantong Heavy Industry. The vessels will be charted to Chinese financial service provider Everbright ...
The 27-year long-term LNG purchase and sale agreement is an important part of the integrated cooperation between the two parties, which will work together on Qatar's North Field Expansion Project.
The ships for GEFO have been optimised to consume less fuel and produce lower emissions, which is ready for innovative fuels also, the Hamburg-based shipowner said. The newbuilds will serve to ...