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Finance & Economy

October 4, 2015

Fincantieri posts record-high revenues in 2019

The Board of Directors of Fincantieri, chaired by Giampiero Massolo, has approved the Consolidated financial…

October 4, 2015

China’s manufacturing PMI rises to 52 in March

China’s PMI rose to 52 in March, indicating that while manufacturing grew compared to February,…

October 4, 2015

Seanergy Announces Pricing of Upsized $6 Million Underwritten

Seanergy Maritime Holdings announced the pricing of an underwritten public offering of 35,290,000 units at…

October 4, 2015

Abu Dhabi’s Gulf Marine Services Reaches Debt Restructuring

Abu Dhabi-based Gulf Marine Services (GMS) said on Tuesday it had reached an agreement with…

October 4, 2015

Euronav "ideally positioned to benefit from strong freight

Euronav reported its final financial results for the full year to 31 December 2019. Hugo…

Shipping News

October 4, 2015

Greece: Covid-19 infections on quarantined passenger ferry rise

Greek health authorities monitoring the 383 passengers and crew on a ferry that is in…

October 4, 2015

IMO seeks UN support over “key worker” designation

IMO Secretary-General Kitack Lim has asked the United Nations system agencies to support IMO in…

October 4, 2015

Asian LR2 premiums over LR1s at record high

Asian Long Range II tanker premiums over the LR1s on the Persian Gulf-UKC route hit…

October 4, 2015

Maersk completes acquisition of Performance Team

A.P. Moller – Maersk announced that it has closed its acquisition of Performance Team, a…

October 4, 2015

Coronavirus: Cruise ship at Piraeus has around 20

A cruise ship was placed in quarantine near Athens with 383 people on board after…

Ports

October 4, 2015

South Africa says ports remain open despite lockdown

South Africa’s ports remain open to all types of cargo despite a nationwide 21-day lockdown…

October 4, 2015

Greece to sell majority stakes in four ports

Greece plans to sell majority stakes in four ports as part of a privatisation plan…

October 4, 2015

Congestion Looms at U.S. Ports

The repercussions of Covid-19 have begun to hit US imports. As retail outlets, as well…

FILE PHOTO: A Cosco Shipping vessel is moored at PSA's Pasir Panjang container terminal in Singapore September 19, 2018. REUTERS/Edgar Su/File Photo

October 4, 2015

Cosco Shipping Ports in strong financial position

Cosco Shipping Ports Limited, the world’s leading ports operator, announced full year results of the…

October 4, 2015

South African port closures add to commodity market

South Africa’s main export terminals will close to mineral exports from midnight, when a nationwide…