The tanker market trended higher during the month of August, as demand picked up, OPEC said in its latest monthly report. Dirty tanker spot freight rates continued to pick up in August and now stand at the top of the five-year range. VLCC rates rose a further 16%...

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Circular Maritime Technologies International (CMT) introduces a revolutionary and future-proof circular process for the ship breaking industry. CMT is born out of the necessity and urgency of providing a solution to the problem of ship scrapping, which continues to...

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NIBC looks back at a successful first half year, realising a 25% growth of the shipping portfolio to EUR 1.143 billion. NIBC Shipping financed maritime assets for new and existing clients in various countries and segments, following a through-the-cycle approach, with...

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Leading naval architecture and marine engineering consultancy Foreship has appointed Brendan Harris as Director, Project Management Services, Foreship LLC, in a clear signal of its strategy to grow the company’s US-based business activities. Harris will be based at...

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GoodBulk Ltd., a leading owner and operator of dry bulk vessels, today announces its financial results for the second quarter 2022.GoodBulk is a leading owner of dry bulk vessels executing a strategy combining low financial leverage with active portfolio management to...

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