Strong and volatile freight earnings are likely to continue into next year, supporting owners’ investment appetite in new tonnage September 28, 2026, London, New York and Singapore. Dry bulk vessel…
Sales and Purchases
Performance Shipping Inc. Announces Completion of Sale and Delivery of M/T P. Aliki to New Owners
ATHENS, GREECE, September 17, 2026 – Performance Shipping Inc. (NASDAQ: PSHG) (“Performance Shipping” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that,…
Songa Product and Chemical Tankers IV AS v Gardsea Shipping Inc [2026] EWHC 1559 (COMM): Meaning of Banking days – High Court clarifies payment deadlines under Saleform 2012
In Songa Product and Chemical Tankers IV AS v Gardsea Shipping Inc [2026] EWHC 1559 (Comm) (“Songa”), the Commercial Court provided important guidance on the construction of banking days under Saleform 2012…
Performance Shipping Inc. Announces Completion of Sale and Delivery of M/T P. Sophia to New Owners
ATHENS, GREECE, July 15, 2026 — Performance Shipping Inc. (NASDAQ: PSHG) (“Performance Shipping” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through…
Editor: Sandra Speares | Email: contactus@themaritimeadvocate.com The Maritime Advocate is free to readers and is entirely supported by advertisers and sponsors. A banner advertisement represents excellent value so please consider using…
For decades, Greek shipping has demonstrated an extraordinary ability to adapt, evolve and lead through every market cycle. From navigating volatile freight markets to driving fleet renewal and influencing global…
Performance Shipping Inc. Announces Sale of 2010-built Aframax Vessel M/T P. Aliki for US$42.65 Million
ATHENS, GREECE, April 14, 2026 – Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through…
Performance Shipping Inc. Secures Sale and Leaseback Agreement for Newbuilding LR1 Tanker
ATHENS, GREECE, March 17, 2026 – Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a…
BEHOLD – The Year of the Fire Horse has officially begun! We’d have to travel back to 2006 to remember a time when deal flow started the year with such…
Samskip agrees to sell to CLdN its UK and Ireland quay-to-quay and door-to-door freight business
The transaction will give continuity and service for customers and helps to focus on growing other parts of the Samskip network. Today, Samskip announced an agreement with leading short sea…
Court of Appeal Clarifies Late Redelivery Damages Applicable to Ships under Sale Agreements
We are pleased to share an update on the recent Court of Appeal decision in Skyros Maritime Corporation & Agios Minas Shipping Company v Hapag-Lloyd AG [2025], which addresses the assessment…
Annual Shipping Market Analysis Report 2025 Department of Port Management and Shipping National and Kapodistrian University of Athens Head of Research Group “Shipping Analytics”: Dr. Michael Tsatsaronis* Researchers: Anastasia Vitzilaiou…
West Nautical announces La Rubia, 31.4m Azimut has undergone a €250,000 price reduction with a new asking price of €4,250,000.
Built in 2011 with a substantial 600,000 euro refit in 2021, she currently lies in Kas, Turkey and welcomes offers. ABOUT La Rubia La Rubia, Azimut 105, is the perfect blend…
Diana Shipping Inc. Announces Time Charter Contract for m/v Electra with Oldendorff Carriers and Termination of Sale Agreement for m/v DSI Drammen
ATHENS, GREECE, November 17, 2025 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced…
Emma Collier* questions Simon Ward live in the aftermath of the 20th ICS Annual Forum
Simon Ward is one of my favorite moderators, which tells you everything about what I value in moderation if you know him at all. To the untrained eye, moderation can…
Reed Smith secures Supreme Court victory for King Crude Carriers, confirming legal doctrine of ‘Deemed Fulfilment’ is not English law
LONDON – Global law firm Reed Smith has successfully advised King Crude Carriers SA and the Buyers in their appeals to the Supreme Court of the United Kingdom. Today, in…
Wallem Group, a leading global maritime partner, is celebrating the centenary of moving its headquarters to Hong Kong. The celebrations will be marked by a special event on 12 November…
by Erik Hånell, President & CEO, Stena Bulk Gothenburg: October 24th 2025Stena Immaculate has now been sold to a buyer who will undertake repairs at Desan Shipyard. Prior to the transfer, Stena…
FONASBA opens its arms to wider membership at AGM in Turkey Between 14 – 17 October, the Federation of National Associations of Ship Brokers and Agents (FONASBA) held its Annual…
CHARTING A SMART COURSE FORWARD FOR GREEK SHIPPING To succeed you must survive until you get lucky Quarterly and annual plans and decisions are no longer feasible in a time…
West Nautical announces Koukles, 30m Azimut with an exceptional charter record, has joined the sales market with an asking price of €2,750,000. She currently lies in Flisvos Marina, Athens, Greece…
Performance Shipping Inc. Announces Fleet Expansion with Two Modern Suezmax Tanker Acquisitions
ATHENS, GREECE – October 9, 2025 – Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, is pleased to announce…
BRBA and ABYA Strategic Alliance launches new ‘Certified Professional Broker Career Pathway’ at Southampton International Boat Show
Raising professional standards, expanding training opportunities, and ensuring the long-term success of the brokerage sector through professionalism and innovation Today (Wednesday 24 September, 2025) marked a major milestone for the…
DIANA SHIPPING INC. announces the sale of an ultramax dry bulk vessel, the m/v DSI Drammen
ATHENS, GREECE, September 18, 2025 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced…




