Baltic index hits nearly three-month high on higher capesize rates
The Baltic Exchange’s main sea freight index extended gains on Wednesday hitting its highest in nearly three months, buoyed by…
VLCC spot earnings tumble for fourth day as Hanwha fixes Pantheon tanker at lower rate
Middle East Gulf market pulls average spot rates downward
MPC Container Ships hails success of upsized $125m bond issue
Oslo-listed owner rakes in more than expected as five-year sustainability bond is oversubscribed
‘Tis the season’: Atlantic MR spot rates slump to lowest level of the year
Futures follow spot market downward as Scorpio’s Robert Bugbee blames seasonal factors
US targets ‘illicit shipping Syrian magnate’ as new sanctions take aim at Hezbollah and Iran
Chinese ship manager and registered owner for two VLCCs also placed on
Aframaxes find scant support as spot average sinks below $20,000 for first time since October
US and Mediterranean markets are subdued, and North Sea cargoes are ‘well covered’
‘I felt betrayed by the maritime industry’: Seafarers speak out on illegal recruitment fees
Shipping companies and cargo owners must be made aware, Institute for Human Rights says as practice becomes ‘endemic’
Hanwha Ocean Discontinues Efforts to Acquire Austal
South Korean shipbuilder Hanwha Ocean is discontinuing its pursuit of Austal after reports of repeated financial offers to take the…
Video: Turkish Teams Dowse Fire on Elderly Coastal RoRo
Turkey’s General Directorate of Coastal Safety reports it responded quickly after being informed of a fire on a small coastal…
Dutch Navy Buys Two Missile-Carrying "Support Vessels" to Boost Firepower
The Royal Netherlands Navy plans to supplement the firepower of its frigate force with lightly-manned follow-along missile boats – a…