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Dry bulk market in stagnation mode

Shipbrokers and shipping analysts have long talked about the state of the dry bulk market. These past few weeks though, what seems to be emerging as the norm, is a...

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The Shipping Finance Crisis

It is now clear that the demands for shipping services are way below the availability of the fleets of existing ships in most sectors. While the tanker markets remain finely...

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Fire Erupts in Venezia Porto Marghera

Venetian firefighters were called to intervene after a fifteen-meter-high crane caught fire in the port area of Porto Marghera at around 9:30 PM local time Wednesday, according to the Department of...

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HMM in Talks to Join 2M Alliance

In an effort to survive the current weak demand in the container shipping industry, the South Korea’s major Hyundai Merchant Marine (HMM) has started discussions to join the world’s largest alliance...

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