In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Greece’s Seanergy Maritime placed an order of 1 x 211,000 dwt newcastlemax vessel to Jiangsu Hantong Ship Heavy. The price is $75.8 mln and delivery is set for mid202…
Ship Owners Order More Dry Bulk Newbuildings Read More »
“We expect continued strong market conditions for crude tankers in 2026 and 2027 despite some weakening in 2027. On the other hand, we forecast that the product tanker market will weaken during both years as fleet and supply growth accelerates,” …
Tankers: Low ship recycling activity threatens market strength Read More »
The energy markets of 2025 and 2026 to-date have proven that volatility is the only true constant in the shipping world. Speaking at the Baltic Exchange Tanker & Gas Market Insights Forum during IE Week 2026, Ioannis Papadimitriou, lead freight ana…
Geopolitics vs fundamentals: The great tanker disconnect Read More »
Tanker owner and operator gives out over 255,000 restricted shares to Jacob Meldgaard as CEO total pay rises to $2.75m
Bonus day for Torm as shipowner doles out $10.9m in restricted shares to key executives Read More »
The Australian Maritime Safety Authority (AMSA) has concluded a 24‑day response operation to support a vessel in distress in the Coral Sea, Queensland, preventing risk to the Great Barrier Reef, the marine environment and seafarers.On February 1…
AMSA Detains Vessel After 24‑Day Emergency Response Read More »