Greek Shipping’s Head Encouraged by Ship Scrapping Activity and Newbuilding Cancellations

The year 2016 was another one of multiple challenges for shipping but also a year, at the end of which, Greek...

More newbuilding cancellations and assets frozen at Sainty Marine

The string of bad news continues for Chinese shipbuilder Sainty Marine as the company announced on Wednesday a cancellation for four boxship newbuildings and of assets frozen by a creditor. ...