The number of Greek shipowners joining the ‘tonne millionaires’ club – controlling a fleet of 1 million dwt has reached a record 78.

Marubeni and Klaveness have expanded their partnership with a new investment deal to boost ‘digitally driven dry bulk operations’.

Increased Chinese domestic coal production and surging imports have brought coal stocks to a record high.

Reborn Hengli Heavy Industry is rapidly expanding its footprint in shipbuilding market and newly secured eight bulk carriers from a European bulk carrier owner.

Insurer TT Club has called for cross-sector debate to bring about a united, enhanced approach to the safe carriage of EVs and Lithium Ion batteries.

Managing Director of Cosmatos Group, Elisabeth Cosmatos, has been elected President of heavy transport industry association The Heavy Lift Group (THLG).

Containerships and LNG carriers are attracting the lion’s share of newbuilding investment while owners of tankers and bulkers are biding their time, according to recent analysis by Clarkson Research.

The Sea Cargo Charter has highlighted issues with measurements of emissions and efficiency of ships at the same time as calling from the IMO to adopt ambitious decarbonisation targets next month at the MEPC80 meeting.

With draught restrictions already in place the Panama Canal Authority (ACP) is implementing water saving procedures as it battles one of the worst droughts the waterway has seen.