December 4, 2019
Dry bulk freight rates rebounded last week, a development that came as a relief following the recent negative sentiment that prevailed in the market for...
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News
December 3, 2019
Global Ship Lease announced that in connection with the Company’s previously announced registered underwritten public offering of its 8.00% Senior Unsecured Notes due 2024, the...
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December 3, 2019
Danaos announced that the underwriters of its previously announced public offering of common stock, which closed on November 26, 2019, have partially exercised their option...
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December 3, 2019
China-based Qingdao Port International Development has agreed to purchase a 33% stake in COSCO Shipping Ports (Abu Dhabi), a deepwater terminal located in Khalifa Port,...
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December 3, 2019
Maritime professionals' union, Nautilus International, has issued a warning over a potential new wave of seafarer criminalisation when the much-debated new global curbs on Sulphur...
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December 3, 2019
Samsung Heavy Industries, a major shipbuilder in South Korea, said it has won a 187.5 billion-won ($158 million) order to build a two ice-class oil...
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December 3, 2019
Diana Shipping reported net income of $1.8 million and net income attributed to common stockholders of $0.3 million for the third quarter of 2019. (more…)
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December 3, 2019
The Baltic Exchange’s main sea freight index rose for a seventh consecutive session, helped by growing demand for ships across vessel segments. (more…)
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December 3, 2019
Underlying vessel operating cost inflation accelerated moderately in 2019 on higher repair & maintenance and insurance spend, while looking ahead costs are expected to continue...
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December 2, 2019
The technology group Wärtsilä, and Silverstream Technologies, the leading air lubrication solution provider, announced the signing of a Licence and Co-operation Agreement for future sales...
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December 2, 2019
The World Wildlife Fund has indicated huge shortcomings in the protection of the Mediterranean’s marine and coastal environment, despite commitments made in recent years by...
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December 2, 2019
Fears about a shortage of diesel and other middle distillates stemming from new marine pollution regulations have receded, with distillate premiums falling to some of...
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December 2, 2019
Ship owners are waiting longer and paying more to refuel at the Asian hub of Singapore as the industry scrambles to prepare for the implementation...
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December 2, 2019
The manager of an oil tanker being probed by Brazilian authorities in connection with an oil spill off the country’s coast has found “no proof”...
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December 2, 2019
The top two Japanese shipbuilders, Imabari Shipbuilding and Japan Marine United, are forming an alliance to navigate a global industry in flux amid blockbuster mergers...
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