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Hormuz insurance costs deter clean tankers more than crude carriers: brokerage

High insurance costs present a greater deterrent to oil products tankers contemplating transit of the Strait of Hormuz than to crude carriers, amid a relatively smaller wartime boost to product freight rates, according to analysts at ship brokerage BRS. Since the...

Valenciaport maintains container traffic through May despite a decline in bulk cargo

The Port Authority of Valencia (APV) handled 32.8 million metric tons during the first five months of the year, representing a 3.59% decrease compared to the same period last year, driven by a decline in solid bulk cargo, particularly construction materials, which...

Diana Shipping Inc. Raises Offer To Acquire Genco Shipping & Trading To $27.34 Per Share Comprised Of $24.80 In Cash And One Diana Share

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 offer to...

Record-Breaking Posidonia 2026 Delivers Deals, Dialogue and Direction for Shipping’s Future

Posidonia 2026 set a new benchmark for the global maritime industry, bringing together the world’s leading shipping stakeholders at a pivotal moment for international trade. Against a backdrop of geopolitical uncertainty, evolving decarbonisation regulations, digital...

G7 tankers support high Russian crude exports amid US sanctions exemption

G7-linked crude tankers have maintained a high market share in Russia in recent weeks, emboldened by Washington’s continued sanctions exemption to avert a supply crisis during the war in the Middle East. Tankers flagged, owned or operated by companies based in G7...

Hormuz insurance costs deter clean tankers more than crude carriers: brokerage

Valenciaport maintains container traffic through May despite a decline in bulk cargo

Diana Shipping Inc. Raises Offer To Acquire Genco Shipping & Trading To $27.34 Per Share Comprised Of $24.80 In Cash And One Diana Share

Record-Breaking Posidonia 2026 Delivers Deals, Dialogue and Direction for Shipping’s Future

G7 tankers support high Russian crude exports amid US sanctions exemption

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