News

News

ZIM-containership

November 16, 2018

The container shipping industry is dynamic and volatile and has been marked in recent years by instability, as a result of continued deterioration of market...
Read More
TORM

November 16, 2018

“The product tanker market reached historically low levels in the third quarter impacted by a decrease in demand growth and shorter sailing distances. I am...
Read More
SafeBulkers

November 16, 2018

Safe Bulkers, an international provider of marine drybulk transportation services, announced that the Company has accepted an offer letter to refinance a loan facility of...
Read More
danaos

November 16, 2018

Danaos Corp. presented improved Q3 2018 results on Thursday, amid a still "soft" container shipping market. Moreover, a recent restructuring of its loan portfolio also...
Read More
The Maersk ship Adrian Maersk is seen as it departs from New York Harbor in New York City, U.S., June 27, 2017. REUTERS/Brendan McDermid

November 16, 2018

Shareholders in the world’s biggest container-shipping company may get up to $8 billion in payouts next year, according to Goldman Sachs. (more…)
Read More
An aerial view of a container ship.

November 16, 2018

The commodity shipping industry was expected to sail through the trade war unscathed. (more…)
Read More
DSME

November 16, 2018

Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder by orders, swung to a net loss in the third quarter from a year earlier...
Read More
lng

November 16, 2018

Tankers storing liquefied natural gas (LNG) in Asian waters have more than doubled in number since late October as traders have been caught off guard...
Read More
ships

November 16, 2018

The Baltic Exchange’s main sea freight index, tracking rates for ships transporting dry bulk commodities, snapped its 12-day losing streak on Thursday, powered by a...
Read More
seanergy-maritime

November 15, 2018

Seanergy Maritime Holdings Corp. announced that it has successfully concluded the refinancing of the 2011-built Capesize M/V Championship through a leasing agreement with Cargill International...
Read More
Pyxis

November 15, 2018

Pyxis Tankers, an emerging growth pure play product tanker company, announced unaudited results for the three and nine months ended September 30, 2018. (more…)
Read More
Sovcomflot

November 15, 2018

Sovcomflot (SCF Group) announced that it has signed a new USD 149 million credit facility, for up to 10 years, with a consortium of three...
Read More
naupigeia-skaramagka

November 15, 2018

The European Court has fined Athens 10 million euros – plus another 7 million euros every six months until compliance – for the state’s failure...
Read More
Cheniere

November 15, 2018

Wearing a hardhat and orange vest, Ari Aziz climbs metal steps under a blazing sun until he’s standing atop an 180-foot-high tank in Corpus Christi,...
Read More
Fearnelys

November 15, 2018

With most of the VLCC market players in Dubai for the Bahri reception this week, the activity has remained calm with little excitement. (more…)
Read More