Has DryShips’ Growth Just Begun?

DryShips (NASDAQ: DRYS) spent much of last year jettisoning vessels from its fleet to raise cash and shore up...

Less Cash Onboard Isn’t Just A Saving, It’s Necessary For Sustainability, Says ShipMoney

Speaking at CrewConnect Europe earlier today, global maritime financial services company ShipMoney has advised maritime leaders that reducing the amount of cash onboard can help in the industry’s drive towards sustainability.

Baltic Dry Index ends 2015 just shy of all time low

The Baltic Dry Index (BDI) closed the year just a few points shy of its all time low.On 24 December, the...

Seoul summit: Big breakthrough or just hot air?

Leaders of China, Japan and South Korea held their first joint meeting in over three years on Sunday, and one ...

VLCC market correction just “a blip on the road” according to shipbroker CR Weber

Shipbroker Charles R. Weber is quite optimistic on the future prospects of the VLCC market for 2016 onwards. In its latest weekly analysis, the shipbroker noted that demand is expected to remain elevated with spot voyages generating around 940 Bn Ton-Mile

China’s Oil Demand Growth Has Fallen to Just 1.1%: ICIS China Study

Growth in demand for refined oil products in China has collapsed in 2014, with the world’s largest economy...

Shipping traffic increases 300% in just 20 years as pollution levels soar

Maritime traffic on the world’s oceans has increased four-fold over the past two decades with the likely...