Odfjell SE signs Term Sheet with Chemical Transportation Group to acquire 5 stainless steel newbuildings

Odfjell SE (Odfjell) has signed a Term Sheet with Chemical Transportation Group, Inc (CTG) whereby Odfjell will...

Greek shipping fleet keeps growing despite market challenges

Greek shipping continues to demonstrate its durability in the face of the challenges prevailing in the market in...

Wintermar to diversify from Indon to other SE Asian markets

Indonesian offshore services vessel (OSV) firm Wintermar Offshore Marine is looking to expand to other Southeast Asian countries to...

MCC to expand SE Asia-South China Sea service with new loop

SINGAPORE's intra MCC Transport is making changes to its intra Asia services with the launch of an additional...

IMB warns on 'worrying trend' of small tanker hijacks in SE Asia

The number of piracy attacks worldwide fell in the first half 2014 according to the International...

Owner of hijacked Moresby 9 hit by pirates three times this year in SE Asia

The hijacking of the tanker Moresby 9 and the stealing of its cargo, was the third such incident to...

September, 5 Daily Dry Bulk Comment

A moderate amount of vessels were chartered in the dry bulk today. At present, the strongest demand in the market right now is Indian demand for imported thermal coal cargoes.