South Korea-based Hanjin Shipping posted a 2013 full year net loss of KRW680.2bn ($630.2m) due largely to low freight rates as a result of the severe oversupply of container vessels.

The Georgia Port Authority (GPA) has reported an 8% growth in tonnage handled for the first half of the 2014 financial year, over the same period in 2013.

Following the easing of EU and US sanctions on Iran, five unnamed “major” shipping lines have announced their intention to resume services to Iranian ports.

CSSC (Hong Kong) Leasing, an arm of China State Shipbuilding Corp (CSSC), has ordered five 208,000 dwt dry bulk carriers at compatriot yard Shanghai Waigaoqiao Shipbuilding (SWS).

Pacific Basin is buying a secondhand handymax vessel at a price tag of $22m, in line with its strategy to continue buying and chartering both new and secondhand ships.

Mercator Lines has expressed cautious optimism on the outlook of the dry bulk shipping market as freight rates have gradually increased.

The international maritime community mourns the passing of Roderick Keay, chairman of Dolphin Exhibitions and deputy chairman of Posidonia, who died peacefully in late December following a two-year battle with cancer. His funeral was held near his...

The Port of Antwerp handled record volumes of 190.8 metric tonnes throughout 2013, representing an increase of 3.6% over the previous year despite overall decreases in the number of ship calls.

China Shipping Haisheng (CS Haisheng) has forecast a return to profit in its financial year ended 31 December 2013 over a deficit in the previous year.

Capesizes are in for a good year in 2014, according to Arrow Shipbroking managing director of research, James Leake.