Mining heavyweights Rio Tinto and Glencore have confirmed they are back in early-stage talks over a deal that could see Rio Tinto acquire “some or all” of Glencore, a move that would create the...

Diana Shipping has secured follow-on employment for one of its kamsarmax bulkers, fixing the Maia on a direct continuation time charter with Paralos Shipping. The New York-listed Greek owner said the...

Chinese bulker owner Fujian Haitong Development has continued its fleet expansion with a rare move into the newbuilding market, ordering three multipurpose heavylift vessels at Taizhou Kouan Shipbu...

Danish shipowner and operator Norden has sold two vessels from its owned fleet, continuing to cash in on strong asset values across both the dry bulk and tanker markets. The Copenhagen-listed company...

Belgian shipowner CMB.TECH has agreed the sale of eight vessels across its tanker and dry bulk fleets, booking a combined capital gain of around $269.2m. The Antwerp-based group said the largest part...

Zhejiang Shipping Group has moved into the capesize arena, with the delivery of its first newcastlemax bulk carrier. The 2019-built, 210,000 dwt ZH Dampier becomes the first newcastlemax vessel...

At a time when certainty is in short supply, learning how to think disruptively can help us make better decisions, argues Thomas Zaidman, managing director of Sagitta Marine. The Swiss Federal...

Dutch owner JR Shipping has brought in reefer specialist Seatrade as a strategic shareholder, marking a new phase for the Harlingen-based owner and manager while keeping its independent course. Under...

Turkish newcomer Aqmaris and China’s Wuhu Shipyard have sealed a deal for four ultramax bulk carriers, marking one of the first big newbuild agreements for the Istanbul-based operator. The four...

Suez Canal traffic remains sharply lower more than three months after the last reported Houthi attack, underlining how slow ship operators have been to return to the Red Sea route. According to...

Khalid Hashim, the managing director of Thai dry bulk concern Precious Shipping, is well known for speaking his mind in a forthright, erudite manner.  In conversation with Maritime CEO, he pulls no...

Danish dry bulk operator Union Bulk has confirmed that chief executive Michael Bonderup is stepping down, marking another leadership change for the handysize and supramax specialist. Bonderup,...

Danish shipowner and freight trader Navi Merchants has appointed Rasmus Saltofte as its new chief executive, adding a seasoned dry bulk executive to lead the Copenhagen Merchants Group subsidiary....

Cyprus-based owner Castor Maritime has signed a sale and leaseback agreement for a bulk carrier vessel. The company signed the agreement for the 2013-built kamsarmax Magic Perseus bulker with a...

Greek shipowner Evangelos Marinakis is pressing ahead with his shipbuilding drive, with Capital Maritime striking a combined tanker and bulker newbuilding deal in China. The Athens-based group has...

Hong Kong-listed Seacon Shipping has moved to reshape its newbuilding pipeline, taking over contracts for six ultramax bulk carriers and lining up long-term leaseback financing to fund the deal. The...

Idan Ofer’s Eastern Pacific Shipping has added another slice to its already sizeable newbuilding programme, this time with a fresh capesize bulker order in China. The Singapore-headquartered owner...

Pacific Basin Shipping has turned to China for its latest newbuilding move, signing up a quartet of handysize bulk carriers in a break from its long-standing preference for Japanese yards. The Hong...

Taiwanese liner group Yang Ming has returned to the newbuilding market through its bulk shipping arm Kuang Ming Shipping, placing orders for four ultramax bulk carriers in Japan. According to a stock...