Chinese lessors widen sell-off of Bourbon-linked offshore vessels after PSV is sold at auction
Two DP3 support vessels enter ShipBid programme at roughly half their market values
Maritime News
Indonesian food giant offloads veteran bulker
Sale underscores the strong S&P market for dry bulk vessels
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Tanker Market: Freight Rates Increasing Again
A renewed increase of transit times is adding to global oil flows, leading to higher tanker rates. In its latest weekly report, shipbroker Gibson said that “with the Houthis declaring a full naval blockade specifically against Saudi Arabia on 20 July a…
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Dry Bulk Market: Capesizes Gaining Momentum
Capesize The market regained momentum over the course of the week, recovering from a subdued opening to finish on a significantly firmer footing as confidence returned across both the Pacific and Atlantic basins. Early weakness was driven by limited ac…
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Aging bulkers: Balancing costs and performance – With the right investments, age is just a number
With Posidonia 2026 recently having ended, the importance of tankers and bulkers in Greece, and worldwide, is clear. But, as these fleets age, how can ship owners and operators enhance fuel efficiency, manage costs, and achieve regulatory compliance – …