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Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, is pleased to announce the expansion of its fleet through separate wholly-owned subsidiaries, which have entered

Today, Thursday, October 09 2025, the Baltic Dry Index decreased by 40 points, reaching 1923 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for

The ship recycling market was considerably weaker over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “in India, the

When fees from the Office of the United States Trade Representative (USTR) targeting Chinese dominance of the maritime sector come into effect 14 October, 35% of ships in the combined

Heads of 7 shipping associations call for IMO adoption of the Net-Zero Framework (NZF) at the crucial vote in October. Anything else would be a major setback for the green

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to a one-week high on Wednesday, driven by stronger capesize and panamax

Today, Wednesday, October 08 2025, the Baltic Dry Index climbed by 16 points, reaching 1963 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for

Demand for second hand dry bulk carriers was high last week. In its latest weekly report, shipbroker Xclusiv noted that “this week saw heightened activity across most dry segments, led

Tanker freight rates for shipping Urals crude from Russia’s western ports to India rose further in late September and early October, tracking a sharp increase in loadings last month, industry