TEN: New Contracts With Long-Term Charters for Two Suezmax Crude Tankers
TEN, Ltd announced the contract for the building of two suezmax crude tankers which upon delivery will enter into minimum five maximum 12-year contracts to a significant oil major.
Cyprus: Number of companies operating in shipping sector rises
Cyprus has witnessed a significant 21% increase in the number of companies operating in the shipping sector since the establishment of a Shipping Ministry a year ago, Deputy Minister Natasa Pilides said.
GasLog Delivers Record 2018 Results
GasLog Ltd. and its subsidiaries, an international owner, operator and manager of liquefied natural gas (“LNG”) carriers, reported its financial results for the quarter and the year ended December 31, 2018.
Top Stories
October 8, 2014
Suez Canal Extends Discounts for Bulk Carriers
The Suez Canal Authority (SCA) has extended discounts concerning dry bulk vessels operating between American…
October 8, 2014
Police Hit Drug Smuggling Gang on High Seas
Authorities seized more than three tonnes of cocaine and arrested 11 people off Portugal’s Atlantic…
October 8, 2014
Scorpio Tankers to continue scrubber installations despite port
Scorpio Tankers said it will continue to install scrubber systems on 75 of its tankers,…
October 8, 2014
Nakilat earnings increased in 2018
Nakilat reported financial results for the year ended 31 December 2018, with a net profit…
October 8, 2014
China’s Cold Becomes Shipping’s Flu; Slower Demand Hits
Just as trucking spot rates are hitting two-year lows, ocean shippers are seeing rates hit…
October 8, 2014
Nordic American Offshore Announces Agreement to Extend Waiver
Nordic American Offshore announced that it has reached an agreement with the lenders under the…
Editor’s Picks
February 18, 2019
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TEN: New Contracts With Long-Term Charters for Two Suezmax Crude Tankers
TEN, Ltd announced the contract for the building of two…
February 15, 2019
GasLog Delivers Record 2018 Results
GasLog Ltd. and its subsidiaries, an international owner, operator and…
February 12, 2019
Star Bulk sees profits drop amid impairment charge
Star Bulk, a global shipping company focusing on the transportation…
February 7, 2019
Navios Acquisition results boosted by improved tanker rates in 4Q2018
Navios Maritime Acquisition Corporation, an owner and operator of tanker…
Finance & Economy
October 8, 2014
Nakilat earnings increased in 2018
Nakilat reported financial results for the year ended 31 December 2018, with a net profit…
October 8, 2014
Nordic American Offshore Announces Agreement to Extend Waiver
Nordic American Offshore announced that it has reached an agreement with the lenders under the…
October 8, 2014
Odfjell reports stable Q4 results
Odfjell SE reported its results for the fourth quarter of 2018. The results reflect a…
October 8, 2014
GasLog Delivers Record 2018 Results
GasLog Ltd. and its subsidiaries, an international owner, operator and manager of liquefied natural gas…
October 8, 2014
Wallenius Wilhelmsen reports profitable 4th quarter
Wallenius Wilhelmsen reports EBITDA of USD 168 million in the fourth quarter. While results continue…
Shipping News
October 8, 2014
Suez Canal Extends Discounts for Bulk Carriers
The Suez Canal Authority (SCA) has extended discounts concerning dry bulk vessels operating between American…
October 8, 2014
Police Hit Drug Smuggling Gang on High Seas
Authorities seized more than three tonnes of cocaine and arrested 11 people off Portugal’s Atlantic…
October 8, 2014
Cyprus: Number of companies operating in shipping sector
Cyprus has witnessed a significant 21% increase in the number of companies operating in the…
October 8, 2014
China’s Cold Becomes Shipping’s Flu; Slower Demand Hits
Just as trucking spot rates are hitting two-year lows, ocean shippers are seeing rates hit…
October 8, 2014
NYK to Merge Three Research and Technical Subsidiaries
NYK Line is set to integrate three of its research and technical subsidiaries. Japan Marine…
Ports
October 8, 2014
Port of Rotterdam: Container growth pushes throughput to
At 469.0 million tonnes, the port of Rotterdam’s total throughput volume ended up slightly higher…
October 8, 2014
Volumes Surge at King Abdullah Port in 2018
King Abdullah Port saw an increase of 36% in its annual throughput, which reached 2.3…
October 8, 2014
Signing of MoU between Piraeus and the Ports
The CEO of the Port Authority of Piraeus, Captain Fu Chengqiu and the President of…
October 8, 2014
DP World Reports 2.9% Volume Growth In 2018
DP World handled 71.4 million TEU across its global portfolio of container terminals in the…
October 8, 2014
Drewry: What does 2019 hold for the container
As we welcome in 2019, we share our thoughts on the key issues and trends…
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