Large Handysize

Bulk carrier market will grow at a far slower pace in the next 10 years with the bigger vessel classes likely to benefit most, according to IHS Markit Maritime and Trade quarterly overview

The 2008-built Supramax bulk carrier, Thor Confidence.

Thai group Thoresen Thai Agencies restores profitability on the back of improving dry bulk market driven by a narrowing supply-demand gap.

Suezmaxes stand to benefit most from increase in US crude oil exports

Hamad port.

The positive figures underline Qatar's forceful response to the need for greater resourcefulness in the face of the removal of access to regional transhipment hubs since the standoff began 5 June.

Speculation of a new six-ship Capesize order could herald another round of large bulk carrier ordering as newbuilding prices continue to decline in an intensely competitive shipyard market.

Navigator Aurora is one of the 14 vessels in Navigator Gas' ethylene-capable fleet. Credit: Dietmar Hasenpusch

Enterprise Products Partners LP and Navigator Holdings Ltd plan to develop an ethylene marine export terminal on the Houston Ship Channel, but just how big is the market for seaborne exports of US ethylene, and will economics drive Asia to take more volumes?

Gui Fei, an LPG carrier.

China will provide support for LPG carriers, supported by strong demand from the petrochemical sector.

Kea Trader

The ship’s owner, London-based Lomar Shipping, today said in an incident update that a “detailed strategy for the complex task of removing containers and re-floating the vessel” is still under consideration.

Rates in the Asian freight markets have diverged this week, with Capesize rates rising while Panamaxes and Supramaxes came under pressure.

Mitsubishi Heavy Industries

Japan’s shipbuilding industry is headed for a slump as the shipyards’ earnings tumble in the first quarter due to subdued market conditions.