‘Stop the theatre’: Diana and Genco return to spatting over bulker values
Third press release in two days between the companies revives VesselsValue question
‘Stop the theatre’: Diana and Genco return to spatting over bulker values Read More »
July 2026
Newbuilding Market Still Running “Hot”
Newbuilding ordering activity has kept going strong over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained brisk this week, with contracting spread across the dry bulk, tanker, container and …
Newbuilding Market Still Running “Hot” Read More »
How Conflict in the Middle East is Impacting Maritime
On 20 July, Houthi forces declared a full maritime blockade against Saudi Arabia, closing the Bab al-Mandab Strait to vessels servicing Saudi ports. Following this move, Tanker Xin Long Yang, a Chinese VLCC carrying Saudi crude, turned back towards Sue…
How Conflict in the Middle East is Impacting Maritime Read More »
Global Shipping Faces “perfect storm” – leading bunker supplier warns of supply squeeze and hidden fines as route diversions collide with regulations
As Red Sea hostilities continue to force widespread maritime diversions around the Cape of Good Hope, leading bunker company Peninsula is warning of a “perfect storm” for global tanker operators. The unprecedented surge in tonne-mile demand is now inte…
Safe Bulkers hikes dividend again after posting biggest profit in four years
Polys Hajioannou-led company says it can both invest and reward shareholders
Safe Bulkers hikes dividend again after posting biggest profit in four years Read More »