Diana Shipping has entered into a time charter contract with Dai An Ocean Shipping Company for one of its Ultramax dry bulk vessels, DSI Polaris, through a separate wholly-owned subsidiary.
Commodities trading giant Trafigura is spinning out a newly public company, Volare Shipping, which will be an operator for VLCC tankers. The move comes as the crude oil tanker market is enjoying a major boom, and the new company positions…
PortMiami is surpassing 10 million cruise ship passenger movements in FY 2026, which returns it to the position of the busiest cruise home port in the world.
Heavy-lift drones have attracted widespread public attention in Ukraine, where they are a common platform for a variety of defense applications, but they are also making big inroads in the commercial market – including offshore wind.
Iran hit another tanker on September 21 in the Strait of Hormuz, causing injuries to two seafarers and maintaining its assertion to have control over the waterway.
UK shipping company Union Maritime (UML) has ordered nine newbuildings across Newcastlemax and handysize bulk carriers as well as tankers for chemicals and petroleum products.
