November 2026

India Coal Imports Fall 7%, BIMCO

Coal shipments to India fell 7 percent year over year during the first 10 months of 2026 as higher import costs weakened demand, according to BIMCO. India is the world’s second-largest coal importer and accounts for 17 percent of global coal shipments. Its declining imports have had the greatest effect on supramax vessels, whose coal shipments to India fell 16 percent year over year. Panamax volumes declined 4 percent as those ... [+]

Asia Break Bulk Charters Four MPV Newbuilds

Asia Break Bulk has signed long-term agreements to charter four 12,600 dwt multipurpose project cargo newbuildings from Schoeller Holdings, expanding its capacity as availability tightens in the heavy-lift market. Shandong Port Marine Equipment Co. Ltd. will construct the vessels to the Octopus design developed by CSSC-SDARI. The first is scheduled for ... [+]