Demand for secondhand tonnage has risen on better-than-expected container volumes and Red Sea diversions. Buyers include European and Chinese liner operators while Greek tonnage providers are becoming more active in the market

Weaker performance in MOL’s wellbeing & lifestyle segment and an accounting adjustment to dry bulk earnings will outweigh profit gains in the tanker, car carrier and box businesses across the current fiscal year, according to group forecast

Pressure brought by newbuilding deliveries to China’s domestic shipping market is coming to an end, analyst said

‘If you look at volumes into the west coast, we’re seeing growth year over year for all of the international carriers. US consumers continue to hang in there. The economy is still plugging along,’ says Matson CEO Matt Cox

Investor sentiment is being buoyed by earnings and geopolitics. HSBC expects Red Sea disruptions to potentially extend into the second quarter of this year and lift carriers’ earnings performance

Emanuele Grimaldi is now Höegh Autoliners’ second-largest shareholder after Leif Höegh & Co. An eventual takeover would make strategic sense and echo Grimaldi Group’s build-up of shares, and ultimate takeover, of ACL and Finnlines in the 2000s

ONE has increased its profit forecast for the current fiscal year ending March 2025 to $1bn, anticipating that the rerouting impact will persist in the coming months

Attacks on ships in the Red Sea continue. Diversions around the Red Sea, together with solid cargo demand, are pushing up pricing for liner operator and containership lessor stocks

Amid improved finances, the China Merchants shipping unit has proposed an interim dividend of up to 50% of its attributable profits

After putting together the world’s biggest shipping empire in little over five decades, it’s safe to say this guy knows what he’s doing

LNG carrier segment experiencing major bottleneck, but other segments have more shipyard capacity

Public sector investment bank Bpifrance will manage the majority of the fund, which will also finance research projects within the maritime sector