Buyer signs up to $2bn credit facility to fund acquisition, and is committed to fully acquire tanker owner in 2027.
The benchmark Baltic Dry Index (BDI) dropped below the psychological threshold of 1,000 points on Wednesday. The index dropped 4.83% to 966 points on 8 January.
Can the dry bulk shipping market turn around from the slump in Q4 2024, or will supply of new ships out weigh demand?
Following a rollercoaster ride of a year for shipping last year where are shipping markets headed in 2025? Get the view of the experts ...
Many responsible shipowners and charterers are saying they will not transit through the Red Sea and the Suez Canal because of the inherent risk that exists, said Angad Banga, COO of the Caravel ...
In a five-part series mid-year we take stock of shipping markets in the first six months of the year and look ahead to the remainder of the 2024 with experts Maritime Strategies International (MSI).
With the onset of the Covid-19 pandemic in the first quarter 2020 it did not look like being a good year for container shipping, but a very different picture has emerged in the second half with ...
In a five-part series mid-year we take stock of shipping markets in the first six months of the year and look ahead to the remainder of the 2024 with experts Maritime Strategies International (MSI).
The CMA CGM Champ Elysees is the second in a series of nine 23,000 teu LNG powered containerships newbuilds for the French company. The vessel, 399.9 meters long and 61.3 meters wide, is ...
Cosco Shipping Bulk has inked a contract for ten 82,000 dwt bulk carriers with Jiangsu Hantong Heavy Industry. The vessels will be charted to Chinese financial service provider Everbright ...
In the third part of our shipping market outlook series we are focusing on the dry bulk sector with Will Fray, a Director of Maritime Strategies International (MSI). Speaking to the Seatrade ...