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.

Euronav has raised $50m by issuing 5.4m shares, the first step in gathering $1bn to purchase Maersk Tanker's 15-strong VLCC fleet.

Drydocks World has signed an agreement with Drill One Capital to build a jack-up rig for the North Sea named  Dubai Expo 2020 NS.

Hapag-Lloyd and Compania Sud Americana de Vapores (CSAV) could be on the verge of signing a merger agreement in the next few weeks.

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

The Hellenic Chamber of Shipping has launched a stinging attack on the Greek government over its tax plans, warning of an exodus shipowners.

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.

Financially-troubled Nanjing Tanker Corporation (NJTC) has confirmed that it will delist from the Shanghai Stock Exchange this year following four years of consecutive losses since 2010.

Global marine fuels supplier OW Bunker may be listed on the stock exchange through a sale of its stake held by private equity group Altor, reports said.

Samsung Heavy Industries has won contracts for five container ships worth $584m from a European owner.