Alberta Shipmanagement conjures up sizeable profit with sale of Panoramix newcastlemax

The initial sales reported in the dry bulk sector in 2025 show some price resiliency against what remains a depressed rates environment.  Nicholas Inglessis-led Alberta Shipmanagement has conjured up a significant profit with the sale of the 300 m long Panoramix newcastlemax. Alberta Shipmanagement...

https://splash247.com/alberta-shipmanagement-conjures-up-sizeable-profit-with-sale-of-panoramix-newcastlemax/

Value of global merchant fleet leaps by two-thirds in the 2020s to cross $2trn mark for first time

The remarkable appreciation in ship assets in the 2020s has seen the value of the world fleet, including vessels on order, jump above $2trn for the first time, according to data from Clarksons Research. The global merchant fleet, including the orderbook, was worth $1.2trn in 2020 by comparison. ...

https://splash247.com/value-of-global-merchant-fleet-leaps-by-two-thirds-in-the-2020s-to-cross-2trn-mark-for-first-time/

Chinese bulker suspected of Baltic Sea cable sabotage sets sail for Egypt

Yi Peng 3, a 23-year-old panamax bulker owned by Ningbo Yipeng Shipping, is finally on the move after representatives from several European countries observed China’s investigation of the vessel. The Yi Peng 3 is linked to the severing of two data cables in the Baltic Sea and was moored in the...

https://splash247.com/chinese-bulker-suspected-of-baltic-sea-cable-sabotage-sets-sail-for-egypt/