Ocean spot freight rates have risen at their fastest pace in nearly a year, approaching 2025 peak levels as an early shipping ...

Freight Right reports ocean freight rates have doubled since March, driven by reduced vessel capacity and tight shipping space, signaling upcoming challenges for importers.

The second half of October has delivered a strong rebound in ocean freight rates as more carriers are successfully blanking sailings and implementing general rate increases (GRIs). According to data ...

DryShips Inc. and OceanFreight Inc. have entered into a definitive agreement. The former will acquire the outstanding shares of the latter for consideration per share of $19.85, consisting of $11.25 ...

DryShips Inc. (NASDAQ: DRYS) and OceanFreight Inc. (NASDAQ: OCNF) announced today that following approval by OceanFreight's shareholders at a special meeting, the companies have completed the merger ...