Moore Stephens surveys have found that overall confidence levels in the shipping industry are at their highest in over three years, buoyed by “encouraging” freight rates.

China Navigation, Swire’s deep sea shipping arm, has signed an agreement to acquire New Zealand-based Pacifica from the Skeggs Group.

Inmarsat plans to acquire Florida-based Globe Wireless, a provider of value-added satcoms services.

SBM Offshore's diving support and construction vessel SBM Installer is back on sale after a $180m memorandum of agreement (MOA) with Daya Vessels Limited (DVL) fell through.

Despite the widely reported financial woes of many KG Funds the German Shipowners’ Association (VDR) says cooperative ventures have avoided the bankruptcies of whole shipping companies.

Clay Maitland, managing partner of the world’s third largest registry, the Marshall Islands, has dispelled rumours of a second US Flag registry, claiming it is “not commercially viable”.

The Baltic Exchange has launched three new capesize routes focused on the China market.

North P&I Club and Sunderland Marine Mutual Insurance (SMMI) are close to merging with a framework agreement due to be signed next week.

StealthGas has cancelled plans for a stock offering announced earlier this week.

Scorpio Bulkers has doubled the size of its initial public offering (IPO) of common shares and is aiming to raise $305m.