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?

In the first episode of the Seatrade Maritime Podcast for 2025 you will hear from Maritime Strategies International (MSI) analysts Adam Kent, Daniel Richards, Will Fray, and Tim Smith. They will ...

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a ...

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 ...

The vessels will be classified by Japanese classification society ClassNK and are due for delivery from the first quarter of 2026. Lepta Shipping and Yangzijiang Shipbuilding have established long ...

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 project's builder was chosen by tender. Construction costs are estimated at $600m for the port and the administrative area at the port entrance within scope. The first pier is expected to be ...

The ships for GEFO have been optimised to consume less fuel and produce lower emissions, which is ready for innovative fuels also, the Hamburg-based shipowner said. The newbuilds will serve to ...

At the recent IMO Marine Environment Protection Committee (MEPC) it was agreed the level of ambition for reducing CII as an average across the industry would be by 40% in 2030 compared to 2008 ...

In the second part of our shipping market outlook series we are focusing on the dry bulk sector with Plamen Natkoff, Associate Director for Dry Bulk Commodities and Freight with Maritime ...