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Finance & Economy
October 4, 2015
Greek current account surplus widens in July
Greece’s current account balance showed a slightly larger surplus in July compared to the same…
October 4, 2015
Seaspan Closes US$150M Public Offering
Seaspan announced the closing of its previously announced public offering of 6,000,000 Series I Fixed-to-Floating…
October 4, 2015
Product tankers earnings poor, BW Group to start
BW Group’s first LR2 tankers will be delivered from the first quarter of next year…
October 4, 2015
Diana Announces Pricing of US$100 Million Senior Unsecured
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced…
October 4, 2015
Petrofin: Greek shipping turns to local lenders
Three Greek banks – Piraeus, National and Alpha – are among the world’s top 40…
Shipping News
October 4, 2015
Drop in gasoline demand hits MR freight rates,
Falling global gasoline demand has resulted in a massive oversupply of clean Medium Range tankers…
October 4, 2015
Global Ship Lease: New Time Charter with Maersk
Global Ship Lease announced a new time charter with Maersk Line for the 2004-built, 8,063…
October 4, 2015
Greek-flagged fleet mostly unchanged in July 2018
The Greek-flagged commercial fleet reached 1,865 vessels as of July 2018, only marginally up from…
October 4, 2015
China Races to Get Goods to the U.S.
The race is on to get Chinese goods into the U.S. before President Donald Trump’s…
October 4, 2015
Moore Stephens: Technology-focussed R&D key to reducing emissions
Given the mounting pressure on the shipping industry to reduce emissions brought on by the…
Ports
October 4, 2015
Ukraine’s ports show struggles to join global economy
Gleaming silos, towering container cranes and hulking cargo ships docked at quaysides in Europe’s biggest…
October 4, 2015
Hong Kong port volumes fall for 7th straight
Throughput at the Port of Hong Kong fell again in August for the seventh month…
October 4, 2015
DP World to defend rights over port dispute
The United Arab Emirates’ (UAE) global port operator Dubai Ports (DP) World said that it…
October 4, 2015
OLP signs cooperation deal with China's Guangzhou port
The Piraeus port authority (OLP) has signed a cooperation agreement with China’s Guangzhou, one of…
October 4, 2015
MOL investing chemical tank storage terminal in Port
MOL Chemical Tankers and SEA-Invest are investing EUR300 – 400m into building a chemical tank…