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It seems as if shipping is divided in two separate camps these days. On one side there is dry bulk...

The cost of delivering Middle East crude to Asia, the world’s busiest route for supertankers, may extend its steepest annual...

THE dry bulk market slump is expected to continue into this quarter due to the uncertainties in demand of iron...

Last year proved to be a year of broken records, both positive and negative. With the freight market becoming increasingly...

According to Fitch Ratings' 2009 global steel outlook report issued today, Fitch expects the current sharp contraction in steel demand...

The maritime consulting and software companies Friendship Consulting GmbH and Friendship Systems GmbH are now members of the Germanischer Lloyd...

The coming year will be a bleak one for the world economy. Recessions in recent years have tended to be...

The cost to transport crude oil from the Caribbean on Aframax tankers fell, declining for the first time in more...

At the beginning of 2008 nobody could have predicted what would happen in the freight market from September onwards. The...

In 2009 investors will be scanning the globe for signs of economic recovery or deterioration. Among the many tools they...

U.S. importers already contending with one of the most severe economic downturns of the past century will face yet another...

TOP Ships Inc. announced yesterday that it has entered into a termination agreement in respect of an interest rate derivative...

Oil slid below $37 a barrel on Wednesday, heading for a fall of 60% in 2008 as the global economic...

Dear Readers and Supporters, Hellenic Shipping News Worldwide would like to wish to all of you and your families a...

With the freight market plunging near record-lows in just a couple of months, shipbuilders around the world came across a...

Genco Shipping Trading Limited yesterday announced that it has taken delivery of the Genco Hadrian, a 170,500 dwt...

Euroseas Ltd., an owner and operator of drybulk carriers, container ship and multipurpose vessels and provider of seaborne transportation for...

At the beginning of 2008 even the more satanic brain could not predict the condition of the world economy and...

Although some had predicted this development, Hutcison’s decision to withdraw from the container-terminal concession for the port of Thessalonica, on...

Steamship Mutual, a leading P I Club providing marine liability insurance worldwide, today announces it is launching a structured Pre-Employment...