Caravel Group becomes biggest shareholder in Pacific Basin Shipping
Hong Kong shipping company has been building its stake significantly since March
Bulkers
Drunk Russian master sacked as Wilson bulker damaged in collision
Captain dismissed with immediate effect
Genco pushes up bulker rates in second quarter as 95% of capacity covered
Earlier prediction of better numbers has been realised at US owner
World’s first hydrogen-powered bulkers ordered by Norwegian shipowner
Gelibolu Shipyard to deliver coastal ships running on fuel cells in 2027
Crude tankers set for ‘big rally’ as analysts run rule over top shipping stock picks
Analysts also favour dry bulk and LPG stocks
Greece’s Vernicos brothers expand Nautilus bulker bet with second acquisition
Athens-based siblings widen their footprint across several different shipping markets
Lepta Shipping returns to Yamic for kamsarmax bulk carriers
Japanese tonnage provider has ordered two newbuildings scheduled for 2028 delivery
Big ships reappear on recycling beaches as SCI and Berge Bulk offload older tonnage
India’s top shipowner sends aframax to Alang, while Singapore-based bulker giant opts to scrap VLOC in Bangladesh
Wavelength Podcast: A cut in the Russia oil price cap and US car carrier fees back down
Plus, Sea Cargo Charter reveals its data, but not all is rosy, and Granular, a new segment from our editorial team
Wavelength Podcast: A cut in the Russia oil price cap and US car carrier fees back down
Plus, Sea Cargo Charter reveals its data, but not all is rosy, and Granular, a new segment from our editorial team