Somali piracy remains suppressed, but not eradicated, highlights the Chair of the Djibouti Code of Conduct/ Jeddah Amendment (currently South Africa) – a regional initiative implemented by IMO to combat piracy, armed robbery against ships and other illicit maritime...

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The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a third session on Wednesday, rising about 1.3% to its highest since May 15 at 3,124 points, amid stronger demand across all vessels segments. The...

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Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today confirmed that Diana Shipping, Inc. has announced a revised tender offer to acquire all outstanding common shares of Genco...

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Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today announced that it has increased its previously...

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Middle East LNG exporters could spend years resolving contractual disputes and restoring missed deliveries after LNG tanker traffic through the Strait of Hormuz resumes, with a backlog of claims potentially affecting cargo programming well into 2027, contract lawyers...

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