Belships is planning to take on a new eco-design supramax bulk carrier from Japan-based Imabari Shipbuilding as the shipowner seeks to concentrate its business in the dry bulk market.

Norwegian Car Carriers (NOCC) has announced it does not recommend an offer from Klaveness and JP Morgan to purchase its outstanding shares.

The world's two largest class societies by gross tonnage have revealed their 2013 new registration figures with the newly merged DNV GL outdoing rival ClassNK.

Torm today issued an oblique statement updating the market on its progress in addressing the company's long term capital structure.

John Fredriksen’s Golden Ocean is looking to raise up to $200m from a convertible bond issue as it eyes newbuilding resale opportunities.

K Line (India), an affiliated company of Japan's K Line, has signed a long term consecutive voyage contract (CVC) with JSW Steel utilising a supramax bulker.

Diana Shipping has secured a charter with Glencore for its ice class panamax bulker Crystalia, which is currently under construction, with estimated minimum gross revenues of $8.5m.

Indonesia’s ban on exporting unprocessed ore is largely targeting nickel and bauxite since it came into force on 12 January.

Since the dust settled on the global financial crisis, the shipping industry seems to have been on the verge of a medium term recovery, however, year after year it has remained tantilisingly on the horizon but never getting any nearer.

Thailand-based Precious Shipping has disposed one 16,922 dwt cement carrier to the scrapyard in a move to renew its fleet.