Capesize market is expected to face more headwinds in Q2 2019, despite some market optimism in Vale’s restart of Brucutu mine.
Athens-based Diana Shipping expects to generate $1.67m after fixing its Panamax bulker Ismene to Glencore Grain on a short term time charter contract.
Did it surprise you to learn that global shipping confidence is at an all-time low, as fears of a global recession and Britain's vote to leave the EU pile pressure on an industry already suffering from its worst downturn? No? Well there was still a survey for that this week in case you needed to know.
The UN Security Council today votes to impose mandatory inspections of any cargo vessel leaving or entering the Democratic People's Republic of Korea (DPRK).
Compagnie Maritime Belge (CMB) has reported a $16.3m loss in the second quarter, bringing its first half loss to $55.9m.
More newbuilding orders will delay a recovery in the dry bulk market an analyst warns, however, shipowners at the Marine Money Asia conference say it is the right time to buy.