Greek dry bulk ship owner Diana Shipping has reached an agreement to reduce the contract price and change the delivery date for two Newcastlemax dry bulk carriers currently under construction in China.Namely, the company signed two addenda

European Community Shipowners’ Association (ECSA) has adopted a position paper endorsing a number of actions by the European Union that are expected to improve polar shipping conditions.

Miami-based cruise shipping conglomerate Carnival Corporation & plc has seen a surge of 58 percent in its net income for the fiscal year ended November 30, 2016.Namely, the company’s net income for the full year 2016 stood at of USD 2.8 bi

FMG Nicola, the first of eight very large ore carriers (VLOCs) ordered in 2014 by Australian iron ore company Fortescue Metal Group (Fortescue), has arrived in the country’s Port Hedland completing its maiden voyage from China.The 260,000