HD Hyundai’s institutional sector shipbuilding intermediate holding company HD Korea Shipbuilding & Offshore Engineering said on the 21st that it has halted a review to establish a joint venture with Cochin Shipyard Limited for the production of ship blocks. HD...

Rates for shipping containers from east Asia and China to the US were mostly higher, liquid chemical tanker rates ex-US Gulf were largely stable, and the Panama Canal issued further drafts restrictions, highlighting shipping news this week. PANAMA CANAL The Panama...

The crude tanker segment has seen a series of upsets with ton-mile demand shifting considerably between various classes. In its latest weekly report, shipbroker Gibson said that “the crude vessel segments have crossed wakes this year — moving in different directions...