Several leading P&I Clubs have reported a satisfactory renewals season that ended this week on 21 February, with their members also presumably happy that no general rate increases were applied…
Containership owner Danaos slumped to a $366.2m loss in 2016 as it took hefty impairments including $205.2m related to bankrupt Hanjin Shipping.
George Economou’s Dryships has re-entered the tanker market buying an aframax and a VLCC.
One of Cyprus’ leading shipping figures maintains that while global shipping has entered uncharted waters following the election of US president Donald Trump and the Brexit referendum, panic is not…
Hanjin Shipping has been officially declared bankrupt, closing the book on the world’s seventh largest container shipping line.