Songa Box turns to a fast-growing Chinese shipbuilder for 1,300-teu newbuildings that could be worth up to $180m
Arne Blystad backs Chinese feeder play with order for up to six ships Read More »
Review of strategic alternatives came after quarter in which vessel sales pushed offshore shipowner back into profitability
Seacor Marine shares skyrocket as strategic review puts 38-vessel fleet in play Read More »
Third-quarter suezmax rates are almost at record levels
Teekay Tankers delivers its best-ever quarter. The next one is looking nearly as strong Read More »
The ship recycling market has remained subdued over the course of the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian ship recycling market remained subdued during the week, …
Ship Recycling Still Subdued Read More »
“Uncertainty over the Strait of Hormuz remains central to the outlook. A three-week ceasefire between the US and Iran allowed transits to partly recover, but safety conditions have since deteriorated. Under normal market conditions, around 4% of …
Dry Bulk Shipping: El Niño to act as a new demand shock BIMCO says Read More »