CSH has highlighted Red Sea disruptions as a key market factor, which has led to a shortage of effective shipping capacity and kept spot rates highly elevated

Healthy transpacific and Asia-Europe rates mean OOCL registered a 30% growth in revenue despite a modest increase in liftings

New US sanctions targeting Russian oil exports were not a well-kept secret. Investors and freight futures traders have been placing their bets for days. Those wagers escalated hours before the embargoed Treasury Department press release finally came out

In 2024, the expected 17.2% profit growth for Cosco Shipping Energy is driven by a strong international oil shipping market and strategic fleet management

Li allegedly accepted nearly $180,000 in cash gifts from subordinates and individuals under his management. His deputy Huang Bo has taken over the top seat

China also pips Greeks for newbuilding contracting though owners from the two countries were neck-and-neck for bulker, tanker, boxship and gas carrier orders

The container liner industry is vastly more consolidated than tanker and dry bulk shipping, and one player in liner shipping, MSC, has relentlessly parlayed the past five years of profits into enormous capacity growth to bolster its market-leading share

For an investment of around $5m, an opportunist Canadian hedge fund has laid siege to a fleet worth hundreds of millions

Feedback on annual negotiations for blue cards varies considerably

Greek bulker owner among a slew of publicly listed companies seeing buybacks as a good use of balance sheet cash

Budget increase driven by expectations of potential co-operation with the US and India, because both countries aim to enhance their maritime competitiveness using South Korea’s advanced shipbuilding technology

Euroseas has announced plans to spin-off three of its older ships into a new company and list it on the Nasdaq, and expects the separate entities will achieve better valuations separately