The Handysize segment, long regarded as one of the most resilient and flexible sectors within the dry bulk shipping, is facing a structural shift. Unlike larger vessel segments, which have historically experienced cyclical corrections in fleet growth a…
Could the Handysize fleet begin to contract? Read More »
Ever Shining vessel sold for $4.96m in demolition deal
Tanker slides into shipbreaking port just before US sanctions Read More »
Oil futures fell more than 2% on Friday, closing out their steepest weekly decline since early April as traders awaited word that the U.S., Israel and Iran had reached agreement on a ceasefire.Brent crude futures for July, which expired on Friday, sett…
Oil Prices Fall on Hopes of a US-Iran Ceasefire Read More »
Master Boat Builders, Inc. recently announced the successful launch of Titan, the second of eight tugboats being built for Maritime Partners, LLC. The launch represents another milestone in the companies’ ongoing partnership and reflects sustained…
Master Boat Builders Launches Second of Eight Tugs Built for Maritime Partners Read More »
“Shipping has entered a period where complexity is building faster than it can be absorbed,” said ABS Chairman and CEO John McDonald at the annual gathering of the ABS Hellenic National Committee. “Costs are rising and decision cycles are shortening.