“Dead money” is another term that will not be loved by public dry bulk management teams. Still, Mintzmyer’s assessment was ...

OceanPal Inc. has announced that, through a separate wholly-owned subsidiary, it has signed a Memorandum of Agreement to sell to a third party, the 2005-built vessel Salt Lake City, with delivery to ...

Greek broker Xclusiv Shipbrokers has some sobering statistics on the growing vintage state of the global dry bulk and tanker fleets. “Turning into 2025, vessels have added one year to their age ...

After a disastrous 2015, bulk carriers remained in an unprecedented slump and containers were only slightly better off. Tankers faced an increasingly difficult-to-balance tradeoff between gasoline ...

Waruna, with a fleet of over 50 tankers and bulk carriers, is one of Indonesia’s largest shipowners. It is usually active as ...

Greek shipowners have made cautious moves, with sales mainly of older ships, in the first 15 days of 2025, while few ...

After a disastrous 2015, bulk carriers remained in an unprecedented slump and containers were only slightly better off. Tankers faced an increasingly difficult-to-balance tradeoff between gasoline ...

MR2 tankers were the most sought-after, with 13 acquisitions, followed by 10 Handy/MR1s. On the sales side, Greek shipowners divested 205 vessels in 2024, a 20% decrease from the 258 sold in 2023.

ATHENS - OceanPal Inc. (NASDAQ: OP), a global shipping company with a market capitalization of $9.2 million and a "FAIR" overall financial health rating according to InvestingPro, has entered into an ...