It has been "March madness" time in New York shipping circles and Barry Parker gives the lowdown on the market discussions at CMA and Capital Link.

Hong Kong: Chinese shipping giant China Cosco Holdings narrowed its net loss in 2012 to RMB9.56bn ($1.54bn) from RMB10.50bn the year before although that will provide cold comfort as the company continued to struggle with revenue rising just 4.4%...

Cyprus’ shipowning and shipmanagement industries will survive the island’s economic turmoil according to leading players.  

Antwerp: Compagnie Maritime Belge (CMB) reported a profit of $130m on a turnover of $656m in 2012.

The share of Indian tonnage in the transportation of the country’s cargo has been dipping steadily over the years, from around 33% in the early-1980s to a current level of 8%. Continued slippage in the share of Indian shipping in the carriage of...

Much hyped eco-ship designs have been lambasted by Precious Shipping boss Khalid Hashim as nothing more than a marketing ploy by desperate shipyards. Speaking at a ceo roundtable held by Seatrade and the Singapore Maritime Foundation (SMF) ahead...

London: Knightsbridge Tankers, part of John Fredriksen's empire, has picked up two 182,000dwt capesize bulk carrier newbuilds in Japan.

Oslo : Ultrabulk has ordered two new 61,000 dwt Japanese-built supramax bulkers, in addition to the kamsarmax vessel ordered in January.  

Hong Kong: Chinese demand for logs is benefitting shipping companies with the right kind of vessels to take advantage of the demand, according to a news wire report. The demand is being driven by a combination of Chinese demand for homes, New...

Shanghai: China Shipping Development Co (CSDC) narrowly managed to stay profitable in 2012 but is looking to delay taking deliveries of some new vessels in view of the oversupplied shipping market.