As a result, 19% of freight is now being diverted from the Suez Canal, the shortest trade route between Europe and Asia, according to the Freights Baltic Index. In recent weeks, shipping giants ...

Wei, a trained pilot, who owns a 64% stake in Starlux with his two sons, Sheng-Hung and Sheng-Wei, is now a billionaire based ...

Veson Nautical says there is enough older tonnage kicking about for scrapping to help mitigate capacity in a downturn ...