Handy Bulk

Maritime Transport Competition The shipping market is predominantly competitive, with the tramp shipping segment often regarded as a model of perfect competition. Freight rates in this sector are shaped by …

 30-November-2025 Daily Updated Dry Index 29-November-2025 The Baltic Dry Index (BDI) advanced to its strongest reading in almost two years on Friday and was positioned for a solid weekly …

Turkish shipowner and operator Ince Shipping (Ince Denizcilik ve Ticaret AS) is accelerating a wide-ranging restructuring of its bulk carrier fleet, blending the disposal of older tonnage with the steady …

Nasdaq-listed shipowner and operator Safe Bulkers Inc.’s (SB’s) private shipmanagement platform Safety Management Overseas S.A., guided by Chief Executive Officer Polys Hajioannou, has moved assertively into the tanker sector by …

Greek shipowner and operator Element Shipmanagement SA is making a decisive move into the dry bulk sector with the purchase of a handysize bulk carrier, marking its first expansion beyond …

Athens-based and Nasdaq-listed shipowner and operator Diana Shipping Inc. (DSX), led by Chief Executive Officer Semiramis Paliou, has executed the long-delayed disposal of a previously stalled ultramax bulk carrier while …

Athens-based shipowner and operator Atlantic Bulk Carriers Management (ABCML) has re-entered the global newbuilding arena with a fresh commitment to four additional ultramax bulk carrier newbuildings, once again placing its …

Yangzijiang Maritime Development Ltd. marked its entry onto the Singapore Exchange (SGX) mainboard with an extensive slate of new ship agreements, underscoring the ambition of Yangzijiang Maritime Development Ltd. to …

China is confronting an overwhelming oversupply of soybeans after an extended stretch of record-high import volumes, eroding expectations for substantial U.S. soybean exports even after the recent trade truce that …

Chittagong-based state shipowner and operator Bangladesh Shipping Corp (BSC) has embarked on a new phase of expansion by completing its first-ever resale acquisitions, reinforcing its long-term strategy to rebuild and …

Athens-based shipowner and operator JME Navigation S.A. has placed another order with China’s New Dayang Shipbuilding for a new ultramax bulk carrier, reaffirming its commitment to long-term fleet expansion and …

Maritime Services Crew Services Ship Registration Services Insurance Services Intermediary Services Bunkering Services The Economics of Supporting Services for Maritime Transport International maritime transport depends on a wide range of …

Maritime Safety Some argue that maritime safety and marine environmental protection should not be treated as economic matters because life is invaluable and pollution must never be permitted. Although this …

TPC (Tons per Centimeter) In the shipping business, one of the most crucial points is the amount of cargo that can be lifted. The quantity of cargo that will be …

Ship Manager There are many complex activities that are associated with managing and operating ships. These duties require precisely separate areas of skills and various skilled people have to be …

Antwerp-based shipowner Ebe Maritime (EBE NV) has expanded its global shipbuilding footprint by placing its first-ever order in China, marking a pivotal shift in the Belgian shipowner’s strategy. Ebe Maritime …

Greek shipowner and operator Efnav Co. Ltd. is reinforcing its presence in the global dry bulk shipping market with a significant newbuilding order for six kamsarmax bulk carriers at Hengli …

Monaco-based dry bulk shipowner and operator Transocean Maritime Agencies has made a decisive move into the container sector with a $90 million contract for the construction of two new container …

Athens-based shipowner and operator PrimeBulk Shipmanagement Ltd has taken advantage of a strengthening resale market to offload older tonnage and realign its fleet toward younger, more efficient bulk carriers. Greek …

Taiwan-based shipowner and operator Yang Ming Marine Transport is making a strategic return to the dry bulk newbuilding market through its wholly owned subsidiary Kuang Ming Shipping Corp., which is …

Hong Kong and India-based shipowner and operator KC Maritime Hong Kong Ltd. has embarked on a comprehensive fleet renewal initiative, marking its return to the sale and purchase market with …

Fixed Laytime If under the provisions of the Charterparty, the Charterer has promised to handle loading or discharging within a set timeframe, that amounts to “an absolute and binding commitment, …

Freight The payment that is due to the shipowner by the charterer in a voyage charter is called Freight payment and is expressed in dollars per ton of cargo shipped. …

Ship Chartering Costs In shipping business, output can be measured either by: Tonnes of cargo carried by ship per day, per trip or per year of cargo carried by ship …

Dry Cargo Chartering Market The Dry Cargo Chartering Market cannot be precisely split into different segments. However, it is possible to pinpoint local and worldwide trade zones in which Ship …

Contract of Affreightment (COA) A Contract of Affreightment (COA) is a medium to long-term, hybrid type of charter where the Shipowner commits to transporting specified quantities of homogeneous cargo at …

Ship Chartering and Ship Management Below, we explore how Ship Chartering operates within the realm of Ship Management. We begin by outlining key aspects of ship ownership, detailing the structure …

Petter Mowinckel assumes leadership at Kristian Gerhard Jebsen Skipsrederi AS (KGJS), a long-standing Norwegian shipowner and operator headquartered in Bergen. Norwegian shipowner and operator Kristian Gerhard Jebsen Skipsrederi AS (KGJS) …

Hamburg-headquartered shipowner and operator Reederei H Vogemann has been tied to a new series of kamsarmax bulk carrier construction projects in China, with industry reports confirming six fresh newbuildings contracted …

Cargo Damage Billions of tons of cargo move in and out of ports and across the ocean in every year. No transportation system is perfect and accidents do happen in …

Shipping Restrictions Different ports have different trading regulations and restrictions. Therefore, the port agent should inform the principals with up-to-date information. The port agent should have a great practical knowledge …

Seaborne Trade Billions of tons of seaborne trade need to be transported globally, while tens of thousands of commercial ships are available to carry out this task. In the discussion …

Liner Shipping Main Characteristics of Liner Shipping Liner shipping emerged as a distinct form of maritime transport in the mid-19th century, coinciding with the introduction of steamships, which offered faster, …

Greek shipowner and ship manager Samos Steamship Co. has officially split its fleet into two as the Inglessis-family separates business interests and establishes independent ventures, continuing a long-standing Hellenic tradition …

Mehmet Turgut Yılmaz-led Istanbul-based shipowner and operator GSD Denizcilik (GSD Marin) has placed another order in Japan for a modern ultramax bulk carrier, signing a contract with Nihon Shipyard for …

Voyage Charter Voyage Charter Definition A Voyage or Spot Charter refers to a situation where a ship is contracted for a single Voyage between designated Ports. Essentially, the Shipowner commits …

Maritime Jurisdiction What is Admiralty Jurisdiction? Admiralty Jurisdiction, also known as Maritime Jurisdiction, refers to the legal authority exercised by courts over matters related to navigable waters, such as oceans, …

Dry Cargo Operations Dry Cargo Market serves the needs of charterers in need of dry bulk cargo transportation. Dry Cargo Market is served by shipowners of bulk carriers. Ships in …

Basic Legal Knowledge on Charter Parties Every country possesses its own legal framework, which varies to varying degrees from others. While certain areas of law may show small differences, parts …

Athens-based shipowner and operator Anbros Maritime SA has undertaken a significant fleet renewal by acquiring a quartet of handysize bulk carriers from former Costamare Bulkers Holdings Limited (Costamare Bulkers), a …

George and Dimitris Stefanou, Greek shipowning brothers, control Athens-based shipowner and operator Bright Navigation Inc., which was founded in 2008 and has steadily built a reputation in the dry bulk …

ExxonMobil has been linked to charter deals for two LNG bunker vessel newbuildings from Athens-based shipowner and operator Evalend Shipping Co SA. The United States oil major ExxonMobil is understood …

Oslo-listed shipowner and operator Klaveness Combination Carriers (KCC) dry cargo chief Michael Jorgensen stressed that ship operators must take firm measures to break the “evil circle of no one making …

Greek shipping magnate George Economou, the founder of TMS Group and DryShips Inc., has filed a lawsuit that challenges the Marshall Islands’ standing as a dominant incorporation hub for global …

Capesize bulk carrier values are climbing as Athens-based ship-manager and operator Goldenport Shipmanagement Ltd. completes a deal that doubles its capesize exposure by acquiring its first ship of 2025, the …

Transworld Shipping Lines, formerly known as Shreyas Shipping and Logistics, has signed a joint venture agreement with a 60% partnership with Indian ship operator BainBridge Navigation to create a Dubai-based …

Mumbai-based shipowner and operator Shipping Corporation of India (SCI) is gearing up for a major $2.3 billion newbuilding initiative at domestic shipyards, targeting the acquisition of 26 domestically built ships …

Athens-based bulker and tanker shipowner and operator Centrofin Management Inc., led by Greek shipping magnate Dimitris Procopiou, has expanded its kamsarmax bulk carrier newbuilding programme at Hengli Heavy Industry to …

The Polish Steamship Company (Polsteam), a major state-owned bulk carrier enterprise in Poland and also known as Polska Żegluga Morska, has signed a deal to construct up to six handysize …