Capesize owners are enjoying a period of success not seen in years, but analysts and owners alike say this strength is no ‘flash in the pan’

Payouts on the Baltimore bridge collapse could top the $3bn mark, and a US Coast Guard report suggests if a similar scenario happened somewhere else, ports may not have the resources to respond

EU naval commanders believe more than 120 pirates from multiple Somali clans are now operating at sea in a coordinated resurgence that has seen six commercial vessels hijacked since April, raising questions over whether current naval resources are sufficient to contain the threat

Ukraine’s escalating attacks on Russian Black Sea ports are disrupting grain exports during the peak wheat shipping season, squeezing vessel availability, forcing exporters to seek alternative routes and prompting importers to diversify supply

A Norwegian court has confirmed that the arrest of Russian state-owned vessel Professor Molchanov in Svalbard could ultimately pave the way for a court-supervised sale, as Naftogaz pursues enforcement of a $4.22bn arbitration award linked to Russian asset seizures in Crimea

Attacks on commercial shipping in the Black Sea are an almost daily occurrence now, and the risk is so high that a seafarers union chief said he would advise his members not to travel to the region