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Friday, March 29, 2024
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Tankers

A new chapter for Euronav

Euronav shareholders have approved strategic changes at the company ushering in a new era.

TOP Ships: Extension of TCE for Two VLCC Tankers

TOP Ships announced that it has agreed to extend the time charter employment contracts of its two VLCC vessels, M/T Julius Caesar and M/T...

TEN Reports Earnings Results for Q3 & 9M2023

Tsakos Energy Navigation Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported...

Pyxis Tankers Reports Third Quarter Revenues of $11.1 Million

Pyxis Tankers, an international shipping company, announced its unaudited results for the three and nine month periods ended September 30, 2023.SummaryFor the three months...

Torm Buys Eight LR2 Tankers

Danish shipping company Torm announced it has entered into an agreement to acquire eight secondhand LR2 vessels from an undisclosed seller. Q3 2023 results, dividend...

International Seaways Expects Strong Tanker Market Going Forward

International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the...

Okeanis Eco Tankers Files for NYSE Listing

Okeanis Eco Tankers is pursuing a listing on the New York Stock Exchange. Specifically, the shipping company has filed for direct listing on the New...

Ocean Yield announces investment in Suezmax tanker with long-term charter

Ocean Yield AS announced that it has agreed to acquire a 2016-built Suezmax tanker with an 8-year bareboat charter to Nordic American Tankers Ltd....

Lomar clinches $37m loan from Macquarie

Lomar Shipping announced the agreement of a $37.5 million credit facility with Macquarie Group for up to six vessels in its diverse fleet, the...

World’s ghost fleet in focus over US Russian price cap crackdown

U.S. penalties on shippers transporting Russian oil in breach of the G7’s price cap could push more Russian cargoes onto vessels referred to as...

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Carnival rides on record cruise demand to lift annual profit forecast

Carnival Corp opens raised its annual profit forecast on Wednesday, anticipating a record year of bookings as the company benefits from a rise in...

TEN Beats Revenue Estimates In Q4

Tsakos Energy Navigation reported fourth-quarter FY23 Voyage revenue of $220.2 million, down from $270.3 million in the prior year quarter but above the consensus...

Euronav Announces Dividend Proposal And Further Fleet Optimisation And Growth

Euronav NV announces its dividend proposal at the Annual Shareholders’ Meeting and further fleet optimisation with the sale of three VLCCs, the delivery of...

BW Group Contemplating Block Sale of Shares in Hafnia

BW Group Limited has retained DNB Markets, part of DNB Bank ASA, Fearnley Securities AS, and Pareto Securities AS as Joint Global Coordinators and...

Euronav to Exit Belgium’s Blue-Chip Index Two Days After Joining

Tanker company Euronav will exit Belgium’s blue-chip Bel-20 index after just two days of trading, as it no longer meets the membership conditions after...

Cruise Division of MSC Group Further Strengthens Greece Offering

MSC Cruises and Explora Journeys to make over 400 calls to Greek ports in...

Houthis could partner with Iran, Somali pirates on Indian Ocean attacks

Yemen-based Houthi militants could keep the promise to extend their attacks to merchant ships...

Baltic index slides for seventh straight session

The Baltic Exchange’s main dry bulk sea freight index on Wednesday fell for the...

Shipping traffic freezes up in port waters after Baltimore bridge collapse

Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while...

Baltic index hits near one-month low as rates drop for all segments

The Baltic Exchange’s main sea freight index dropped to a one-month low on Tuesday,...

Adani acquires 95% stake in Gopalpur Port

APSEZ has entered into a definitive agreement to acquire Gopalpur Port Limited (GPL) at an enterprise value of INR 3,080 crore Gopalpur is a road-rail...

Shipping traffic freezes up in port waters after Baltimore bridge collapse

Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while vessels were stranded inside the port after traffic was halted...

MSC completes agreement for Clasquin

MSC Mediterranean Shipping Company, through its subsidiary SAS Shipping Agencies Services Sàrl, has announced an agreement to acquire a 42.06% stake in Clasquin, a...

Port Hedland Iron Ore Exports Steady in February 2024

Pilbara Ports delivered a total monthly throughput of 52.7 million tonnes (Mt) for February 2024. This throughput was a four per cent decrease compared to...

Successful transportation of electric busses through Port of Piraeus

A total of 140 Yutong electric busses were successfully transported, reaching the Port of Piraeus and efficiently unloaded at the car terminal station for...