Malaysian Bulk Carriers suffered from the poor economic conditions in the first quarter, turning to an operating loss of MYR3.4m ($1.1m) from a MYR19.7m profit in the first quarter of 2012 as a MYR9.9m pre-tax loss due to poor charter rates in the...

Shipping Corporation of India (SCI) managed to narrow its annual net loss as revenue inched up.

Full year profit for India-based Essar Shipping has declined due to higher taxes, despite an increase in revenue.

The low freight rate environment for the shipping industry is likely to trigger further company defaults and high counterparty risks, according to Jinhui Shipping and Transportation.

Sinotrans Shipping has warned investors of a substantial decrease in profit or even a loss in the six months ending 30 June 2013.

When bulk cargoes shift, liquefy, catch fire or explode as a consequence of poor loading procedures, the consequences can be massive. Ships may capsize, lose stability or sustain severe structural damage.  Such happenings enhance the risks - and...

Navios Maritime Holdings has entered into a strategic partnership with an undisclosed significant shipowner and operator based in Japan to operate six dry bulk carriers for a start.

Vietnam National Shipping Lines (Vinalines) has set itself a target to sell its six remaining ships of its subsidiary Vinashinlines by 30 June 2013, a senior official said.

Norwegian shipowner Eitzen Eco Bulk has ordered up to nine handysize dry bulk carriers, including options, from Chinese yard Yangzhou Guoyu Shipbuilding.

Mercator Lines plunged deep into the red for the financial year ended 31 March 2013 due to a one-time impact from losses on vessel disposal and early charter termination.