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...
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...
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...
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...
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...
Over the first four months of 2026, the Signal Ocean Platform recorded 787 crude voyages lifted from Russian ports, totalling approximately 593 million barrels. This insight goes a layer deeper than the dashboard view above: using the underlying voyage records, it...