Greece is the world’s largest shipowning nation by the value of ships owned, followed by Japan and China.

The upturn in the shipping industry that began in 2013 should bring about noticeably improved fortunes come 2015 if the recovery is maintained, according to accountancy firm Moore Stephens.

China’s outgoing ambassador to Greece Du Qiwen says the country’s shipping community have shown competitive advantage in the face of economic crisis.

ClassNK has released the first ship design software to be compliant with the new IACS Harmonised Common Structural Rules (CSR) for oil tankers and bulk carriers.

The Indonesian ore export ban crisis seems to have abated a little with latest reports suggesting the government will water down the ruling.

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.