The surge is fueled by global trade expansion despite economic challenges. Major shipyards are full, prioritizing high-margin container and gas ships over bulk carriers.
In an unprecedented move, COSCO Shipping Bulk announced orders for 18 new dry bulk vessels across two consecutive days (Dec. 19 and 20), solidifying its position as a leader in fleet innovation and ...
The Russian bulk carrier Ursa Major sank in the western Mediterranean Sea after an engine room explosion, the Spanish newspaper La Verdad reported on Dec. 23.
Video: MV Matthew 'Mothership' docked in Cobh. The State is hoping to fast-track the sale of the alleged drug trafficking ship MV Matthew in the New Year in a bid to eliminate its spiralling storage ...