Amid predictions of slowing growth, Indonesia's shipowners are once again asking for fiscal incentives from the government to help the local shipping industry grow.
Diana Shipping has ordered a 82,000-dwt kamsarmax dry bulk carrier at $28.8m from China-based Yangzhou Dayang Shipbuilding.
Torm has today filed papers with the SEC to voluntarily terminate the registration of its securities with the commission.
Underwriters for Scorpio Bulkers IPO on the New York Stock Exchange (NYSE) last month have exercised their full over-allotment option of 4.96m shares.
Paragon Shipping has secured a loan from HSH Nordbank to help partially finance a pair of ultramax newbuildings ordered at a Chinese shipyard.