Consolidation ahead for dry bulk shipping sector
The current crisis in the dry bulk shipping sector will result in industry consolidation, as well as more focus on risk management and higher financing costs, according to BIMCO.
Shipping - 07 October 2016
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The Baltic Exchange appoints new CEO
The Baltic Exchange has appointed Mark Jackson as its new CEO, as the London-based shipping organisation prepares to be taken over by Singapore Exchange.
Safe Bulkers agrees to novation of Japanese panamax and sale of kamsarmax
Safe Bulkers Inc. has agreed to the novation of a Japanese newbuilding panamax class vessel and the sale of a Japanese newbuilding kamsarmax class vessel.