Bulk carrier and tanker owner Castor Maritime this week announced plans to spin off its tanker fleet into a new subsidiary called Toro.Nasdaq-listed Castor, which owns a fleet of 20 bulk carriers and eight tankers, said the newly formed Toro…

Shipowner Diana Shipping on Friday announced it has entered into a pair of time charter contracts for two of its owned bulk carrier vesselsWestern Bulk Carriers AS will charter the DSI Aquila $13,300 per day, minus a 5% commission paid to third parties…

The Baltic Exchange's dry bulk sea freight index fell to a more than two-month low on Friday and posted a weekly decline as demand for capesize vessels dropped.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities shed 39 points…

Bellingham, Wash. shipbuilder All American Marine, Inc. (AAM) announced it has been awarded a contract to build an new 74’ patrol vessel for the California Department of Fish and Wildlife (CDFW).CDFW manages California's diverse fish, wildlife and plant resources…