Diana Shipping Fixes Newcastlemax to Bohai Ocean Shipping
Greek bulker owner Diana Shipping has entered into a time charter contract with Bohai Ocean Shipping for one of its newcastlemax vessels, reads an official press release.
Time Charter Contract
The company hired the 2017-built,...
Norden Profits from MR Tanker Surge
Danish shipping heavyweight Norden is doubling down on its strategy of converting leased tonnage into owned assets—and then reselling them for a profit, according to an official release.
Norden cashes in on MR tankers
The Copenhagen-listed...
HAROPA PORT & Ningbo-Zhoushan Partner to Advance Green Shipping
At the 10th Maritime Silk Road Port Cooperation Forum in Ningbo, HAROPA PORT and the Port of Ningbo-Zhoushan signed a strategic partnership agreement aimed at accelerating the ecological transition of maritime transport, according to...
TORM Takes Full Control of ME Production to Boost Green Shipping
TORM (TRMD, Financial) has acquired the remaining 25% stake in ME Production (MEP), thereby achieving full ownership and bolstering green maritime innovation.
ME Production has installed over 70 exhaust gas cleaning systems on...
Gulf of Guinea Piracy Surges as Container-Based Drone Attacks Escalate
Cargo Vessel Attacked Near São Tomé as Gulf of Guinea Piracy Rises.
Drone Attacks From Shipping Containers Escalate Maritime Security Threats.
Ukraine Uses Container-Launched Drones in Strikes on Russian Bases.
The maritime industry is...
Capesize Freight Rates to Rise on Tight Supply and Strong Demand
Limited Fleet Growth and Robust Commodity Demand Support Capesize Market.
Ageing Fleet and Low New Orders Boost Long-Term Capesize Earnings Outlook.
Iron Ore Imports and New Guinea Project Drive Capesize Demand Growth.
In the...
World’s Largest Container Vessel Calls at South Asian Port for the First Time
World’s Biggest Boxship Arrives at Vizhinjam Amid Port Congestion.
MSC Irina Anchors Off Kerala Coast, Berthing Expected by June 8.
Captain from Kerala Commands Historic Voyage of MSC Irina to Vizhinjam.
The MSC Irina,...
Europe–Far East Trade Drives Container Fleet Growth in 2025
Far East–Europe Trade Absorbs 31% of New Capacity.
Far East–Europe Route Sees 40.8% Growth in Two Years.
24.4% of Global Fleet Now Serves Far East–Europe.
Over the last year, the global container fleet has...
Greek Shipowners Reduce Orders but Gain Market Share in 2025
Greek Shipowners Prioritise Strategy Over Volume.
Tankers and Containerships Dominate Greek Orders.
Tankers Show Stable Fundamentals, Containerships Normalise.
The global newbuilding market has hit a slow down in 2025. In the first four months...
IHMA and UNCTAD Partner to Boost Port Capacity
The International Harbour Masters Association (IHMA) and UNCTAD’s TrainForTrade Programme have signed a memorandum of understanding (MoU) to advance training, collaboration, and capacity building in global port communities.
The agreement formalizes cooperation in...