Greek shipowner Diana Shipping on Wednesday announced it has placed an order for two new methanol dual-fuel Kamsarmax bulk carriers from China’s Tsuneishi Group (Zhoushan) Shipbuilding Inc.The 81,200 dwt newbuilds were ordered at a purchase price of $4…
Diana Shipping Orders Two Methanol Dual-fuel Bulkers Read More »
After years of minimal ordering, tanker newbuilding contracting seems to be back on the agenda for many ship owners. At least this has been the case over the course of the past few months. In its latest weekly report, shipbroker Allied Shipbroking said…
Tanker Newbuilding Orders Keep Rising Read More »
In the third week of February, Capesize Brazil to North China rates experienced an upturn, surpassing the $20 per ton mark. However, with the Chinese Lunar New Year already celebrated, the sentiment regarding freight rates remains uncertain, leaving ob…
The global shipping industry experienced a significant surge in rates over the past couple of months, as an aftermath of the Red Sea crisis. Three months into this crisis, container leasing rates on the China-US trade route have surged dramatically, ri…
This week’s Green Seas newsletter explores how environmental groups are responding to AP Moller-Maersk’s latest climate move — achieving a first-ever validation of its net-zero target
Maersk urged to do more after climate target ‘breakthrough’ Read More »