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.

Buyer signs up to $2bn credit facility to fund acquisition, and is committed to fully acquire tanker owner in 2027.

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 ...

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America. Michèle first came to Panama as a ...

Seatrade Maritime News brings you the news that matters focusing on the leading trends and developments in the maritime industry. Free Submission If you would like your story to be considered ...

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 ...

Höegh Autoliners announced it has signed a five-year contract with a “major international car producer” to ship vehicles, starting from January 1, 2025. The deal covers “substantial volumes ...

Born in 1926 in Glyfada, an Athens suburb in the city’s southern coast, she started her professional career working at her father’s law office but her family was also into shipping under the ...

In a ship repair context, the scale of the offshore upgrades and conversions completed recently by Drydocks World at its huge facility in Dubai is exceptional. The 14,145 dwt chemical tanker ...

According to a disclosure to the Taiwan Stock Exchange Wan Hai has inked a Letter of Intent (LOI) with Taiwanese yard CSBC for twelve 8,000 teu container ship newbuildings with options for a ...