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 ...

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 ...

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).

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.

At the recent IMO Marine Environment Protection Committee (MEPC) it was agreed the level of ambition for reducing CII as an average across the industry would be by 40% in 2030 compared to 2008 ...

The project's builder was chosen by tender. Construction costs are estimated at $600m for the port and the administrative area at the port entrance within scope. The first pier is expected to be ...

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 ...

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 ...