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Headlines

Iranian troops descend from helicopter to seize Israel-linked ship

TOP Ships Inc. Announces Transfer of Listing to the NYSE American LLC

C3is Announces Agreement to Acquire Handysize Bulk Carrier from an Affiliated Company

Container Freight Rates Stabilizing

In Depth

Posidonia 2024 marks the rebirth of the Greek shipbuilding industry

April 11, 2024

Top Stories

Iranian troops descend from helicopter to seize Israel-linked ship

Iran has seized a commercial ship with links to Israel as it passed through...

TOP Ships Inc. Announces Transfer of Listing to the NYSE American LLC

TOP Ships Inc. an international owner and operator of modern, fuel efficient “ECO” tanker...

Container Freight Rates Stabilizing

While container spot rates on the Asia-Europe and Asia-North America trades continued to remain...

Flex LNG – Time Charter for Flex Endeavour extended to 2032

Flex LNG, Ltd. announced that the charterer of Flex Endeavour has exercised an option...

BHP suspending China portside iron ore sales until April 22 for system upgrade

The world’s third-largest iron ore producer BHP Group BHP.AX will temporarily suspend portside sales...

Russian oil and products trapped on tankers hit by new Iran-related sanctions

Russian oil and products have become trapped at sea on four tankers after the...

Editor’s Picks

TOP Ships Inc. Announces Transfer of Listing to the NYSE American LLC

TOP Ships Inc. an international owner and operator of modern, fuel efficient “ECO” tanker...

C3is Announces Agreement to Acquire Handysize Bulk Carrier from an Affiliated Company

C3IS INC. Announces Reverse Stock Split

Posidonia 2024 marks the rebirth of the Greek shipbuilding industry

Dry Cargo

C3is Announces Agreement to Acquire Handysize Bulk Carrier from an Affiliated Company

Star Bulk Completes Merger With Eagle Bulk

Lauritzen Bulkers CEO Niels Josefsen to retire

Eagle Shareholders Approve Merger With Star Bulk

Drydel orders ultramax in Japan

Tankers

TOP Ships Inc. Announces Transfer of Listing to the NYSE American LLC

Russian oil and products trapped on tankers hit by new Iran-related sanctions

Tankers: Increase in Ton-Mile Demand Boosts Euronav’s Financial Results

Hafnia Limited – Approved for Additional U.S. listing on the New York Stock Exchange and intended Transfer of Share Register to DTC

Hafnia files for listing on New York Stock Exchange

Containers

Container Freight Rates Stabilizing

Overcapacity Still Plaguing Container Shipping

Drewry: World Container Index Down By 3% Last Week

Euroseas Ltd. Announces One-Year Time Charter Contract and Completion of Retrofits for its Intermediate Containership, M/V Synergy Antwerp

Maersk: More and more shippers take action on seaborne GHG emissions

Gas

Flex LNG – Time Charter for Flex Endeavour extended to 2032

Korean Shipbuilders Enjoy Increases in Orders for LPG and LNG Carriers in Q1 2024

QatarEnergy Signs agreements for the operation of LNG vessels

BW LNG completes acquisition of two TFDE vessels from Stena Bulk

QatarEnergy, Nakilat Ink Long-Term Agreements to Lease, Operate 25 Gas Tankers

Offshore

Pelagic Partners joins forces with Borealis Maritime in state-of-the-art PSV duo investment

CEO of Brazil oil firm Petrobras to stay in role for now, say sources

Borr Drilling announces new contract commitments

One Dead, Two Seriously Injured After Fire Hit Pemex Oil Platform In Mexico

Golden Energy Offshore Services AS (GEOS) Secures Short Term Contracts

Shipbuilding

HD Korea Shipbuilding wins $466M order for 4 ammonia carriers

Korean Shipbuilders Enjoy Increases in Orders for LPG and LNG Carriers in Q1 2024

Hyundai Heavy held talks with Daewoo Shipbuilding to buy stake – official

COSCO Shipping to bulk up with 80 new vessels

Korea reclaims crown from China as world’s top shipbuilder

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Finance & Economy

Shipping News

Ports

TOP Ships Inc. Announces Transfer of Listing to the NYSE American LLC

TOP Ships Inc. an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced that it will transfer the listing of its...

C3IS INC. Announces Reverse Stock Split

C3IS INC. announced that its board of directors has determined to effect a one-for-one hundred (1-for-100) reverse stock split of the Company’s common stock,...

NYK to Issue Transition Bonds and Green Bonds Boosting Ship Fuel Conversion from a Financing Perspective

NYK will issue its 47th unsecured corporate bonds (transition bonds) and 48th unsecured corporate bonds (green bonds) in the Japanese domestic market in early...

Stolt-Nielsen Limited Reports First-Quarter Net Profit Of $104.0 Million

Stolt-Nielsen Limited reported unaudited results for the first quarter ending February 29, 2024. The Company reported a first-quarter net profit of $104.0 million with...

Höegh Autoliners ASA – New Long-Term Financing Arrangements

Höegh Autoliners ASA has recently secured new and long-term financing for all its existing bank debt and the purchase of H. Jacksonville and H....

Iranian troops descend from helicopter to seize Israel-linked ship

Iran has seized a commercial ship with links to Israel as it passed through...

CLIA releases 2024 State of the Cruise Industry Report

2024 State of the Cruise Industry Report Shows Cruise Tourism Has Surpassed Historical Levels,...

Baltic index hits one-week high as larger vessel rates rise

The Baltic Exchange’s dry bulk sea freight index rose to a one-week high on...

Posidonia 2024 marks the rebirth of the Greek shipbuilding industry

Greece’s revitalised shipbuilding industry will be prominently represented during Posidonia 2024, signalling a strong...

Baltic index snaps 14-session losing streak on firm capesize rates

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry...

Piraeus: Perama Ship Repair Zone Undergoes Upgrade

On Friday, April 5th, two cutting-edge double level luffing jib shipbuilding cranes arrived at the Port of Piraeus. They are soon to be unloaded...

DP World & Rumo To Build New Grain And Fertilizer Terminal At Brazil’s Santos

DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos, to handle 12.5 million...

HMM, SIPG to cooperate on eco-friendly fuel

South Korea’s major ocean carrier HMM Co. announced on Wednesday that it signed a Shanghai Port Clean Marine Fuel memorandum of understanding (MOU) with...

Piraeus Port Authority: New Revenue & Profit Highs in 2023

The Piraeus Port Authority S.A. announced its financial results for the fiscal year 2023. Total revenues reached €219.8 million, up by 12.9% or €25.2...

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...