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Headlines

Saudi Aramco to buy stake in EIG’s MidOcean Energy to tap into LNG

Diana Shipping: Direct Continuation of Time Charter Contract for m/v Seattle

Sphinx Investment Corp Increases Stake in OceanPal

CMA CGM Orders Eight Methanol-Fueled Containerships

In Depth

Piraeus port goes green

June 21, 2022

Diana Shipping: Direct Continuation of Time Charter Contract for m/v Seattle

info info - September 29, 2023

Fund Managed By Maritime Partners Acquires U.S. Marine Management

info info - September 28, 2023

Diana Shipping: Time Charter Contracts for m/v DSI Pyxis & m/v Maia

info info - September 26, 2023

Star Bulk Announces the Repurchase of 10 Million of Its Common Shares

info info - September 25, 2023

Editor’s Picks

Toro Announces Sale of M/T Wonder Formosa & M/T Wonder Vega

info info - September 21, 2023

Top Stories

Sphinx Investment Corp Increases Stake in OceanPal

On September 28, 2023, an OceanPal SEC filing revealed that Sphinx Investment Corp. had...

CMA CGM Orders Eight Methanol-Fueled Containerships

CMA CGM has ordered eight additional methanol-fuelled container vessels at Shanghai Waigaoqiao Shipbuilding (SWS). The...

Piraeus Port reports strong H1 2023 results

The Piraeus Port Authority SA, which operates Greece’s biggest and busiest port, reported a...

Greece names Thessaloniki port operator preferred bidder for Volos port

Greece’s privatisation agency has named the operator of Thessaloniki port as the preferred bidder...

Iron ore climbs on hot metal output data ahead of China holiday break

Iron ore futures rose on Thursday, helped by higher hot metal output data, even...

Baltic index snaps 4-day winning streak as capesize rates slip

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk...

Editor’s Picks

Diana Shipping: Direct Continuation of Time Charter Contract for m/v Seattle

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a...

Diana Shipping Orders Two Kamsarmax Bulkers

Castor: Sale of M/V Magic Argo for $15.75 Million; Termination of M/V Magic Moon...

Diana Shipping: Time Charter Contracts for m/v DSI Pyxis & m/v Maia

Dry Cargo

Diana Shipping: Direct Continuation of Time Charter Contract for m/v Seattle

Diana Shipping Orders Two Kamsarmax Bulkers

Castor: Sale of M/V Magic Argo for $15.75 Million; Termination of M/V Magic Moon Sale

Diana Shipping: Time Charter Contracts for m/v DSI Pyxis & m/v Maia

Star Bulk Announces the Repurchase of 10 Million of Its Common Shares

Tankers

Fund Managed By Maritime Partners Acquires U.S. Marine Management

Pyxis Tankers Confirms Product Tanker Sale

Toro Announces Sale of M/T Wonder Formosa & M/T Wonder Vega

Pyxis Tankers Announces Closing of Ultramax JV Investment

US government boosts oil tanker fleet in national shipping overhaul

Containers

CMA CGM Orders Eight Methanol-Fueled Containerships

Drewry: Port Throughput Index Down 2.1% in July

ABB to power Samskip’s new hydrogen-fueled container vessels

Hapag-Lloyd to Use Starlink Internet Service Across Fleet

Equinor, Maersk partner up to ensure continued green methanol supply for the world’s first methanol-enabled container vessel

Gas

Saudi Aramco to buy stake in EIG’s MidOcean Energy to tap into LNG

QatarEnergy, HHI sign $3.9 bln deal for 17 LNG carriers

Strike Called Off at Chevron’s Australian LNG Facilities

Houston-Japan VLGC freight rates reach multi-year high

MISC sells two LNG carriers to Nissen Kaiun in sale and leaseback deal

Offshore

Maersk Supply Service wins subsea vessel contract extension in Angola

Ulstein Verft signs new shipbuilding contract on cable laying vessel for Nexans

Aker BP May Explore for Seabed Minerals

Argentina: TotalEnergies Hires Jack-up Rig for Fénix Project

DOF Wins Contract Extension in Brazil

Shipbuilding

CMA CGM Orders Eight Methanol-Fueled Containerships

Diana Shipping Orders Two Kamsarmax Bulkers

QatarEnergy, HHI sign $3.9 bln deal for 17 LNG carriers

China shipbuilding industry seen growing in Jan-Aug period

HD Hyundai to supply methanol engines to Japanese shipmaker

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Finance & Economy

Shipping News

Ports

Sphinx Investment Corp Increases Stake in OceanPal

On September 28, 2023, an OceanPal SEC filing revealed that Sphinx Investment Corp. had raised its ownership in OceanPal, now holding a substantial stake...

Star Bulk Announces the Repurchase of 10 Million of Its Common Shares

Star Bulk announced that it entered into a Repurchase Agreement (with OCM XL Holdings, LP, a limited partnership incorporated in the Cayman Islands, pursuant...

Trafigura announces executive leadership changes

Trafigura Group Pte Ltd. has announced an evolution of its executive team to further strengthen leadership and focus across its global activities during a...

Woori, HMM, KOBC to buy Polaris in prospective $448 mln deal – report

Polaris Shipping Co. is poised to sell its entire stake at around 600 billion won ($447.5 million) to Woori Private Equity Asset Management Co....

Pyxis Tankers Announces Closing of Ultramax JV Investment

Pyxis Tankers, an international shipping company, reported that on September 14, 2023, the Company closed on its previously announced newly formed drybulk joint venture...

Baltic index snaps 4-day winning streak as capesize rates slip

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk...

Baltic index scales 11-month peak on strong capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Baltic index scales over 9-month high on capesize surge

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Baltic index rises to over 4-month high on stronger capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Houston-Japan VLGC freight rates reach multi-year high

VLGC freight rates from Houston to Chiba, Japan, reached $245/mt Sept. 21 for the...

Piraeus Port reports strong H1 2023 results

The Piraeus Port Authority SA, which operates Greece’s biggest and busiest port, reported a 48.8-percent increase in pre-tax earnings for H1 2023 – 49.4...

Greece names Thessaloniki port operator preferred bidder for Volos port

Greece’s privatisation agency has named the operator of Thessaloniki port as the preferred bidder for acquiring a 67% stake in the port of Volos,...

Drewry: Port Throughput Index Down 2.1% in July

The Global Container Port Throughput Index fell 2.1% MoM in July 2023, with the small rises recorded in Africa and Oceania having been insufficient...

Vopak: Agreement with Infracapital on sale of Rotterdam chemical terminals

Vopak announces that it has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam (Botlek, TTR and Chemiehaven)...

Port Hedland Iron Ore Exports Edge Up 4% in August

Pilbara Ports Authority has delivered a total monthly throughput of 62.8 million tonnes (Mt) for August 2023, consistent with the August 2022 throughput. The Port...