Top marine insurers boast financial firepower to avoid M&A pressure, says Swedish Club boss
Thomas Nordberg said strong investment results eased pressure on clubs for new tie-ups
June 2025
Greece’s Vernicos brothers expand Nautilus bulker bet with second acquisition
Athens-based siblings widen their footprint across several different shipping markets
Greece’s Vernicos brothers expand Nautilus bulker bet with second acquisition Read More »
Lepta Shipping returns to Yamic for kamsarmax bulk carriers
Japanese tonnage provider has ordered two newbuildings scheduled for 2028 delivery
Lepta Shipping returns to Yamic for kamsarmax bulk carriers Read More »
Geopolitical Drama Hurting Ship Recycling Markets
The Indian sub-continent recycling markets have been on a downward spiral for most of this year and this week was no different, reports cash buyer GMS.Offers are retreating across the market rankings and owners are chasing market levels amidst…
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Big ships reappear on recycling beaches as SCI and Berge Bulk offload older tonnage
India’s top shipowner sends aframax to Alang, while Singapore-based bulker giant opts to scrap VLOC in Bangladesh
Big ships reappear on recycling beaches as SCI and Berge Bulk offload older tonnage Read More »