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Thursday, September 19, 2024

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In Depth

ClassNK issues AiP for large liquefied CO2 carriers

ClassNK has issued an Approval in Principle (AiP) for a design concept of large...

Woodland Biofuels announces a $1.35 billion investment at the Port of South Louisiana

Woodland Biofuels announced a planned $1.35 billion investment at the Port of South Louisiana...

Hamburg enters agreement with COSCO

MAN PrimeServ Hamburg has signed an agreement with Hanyuan Technical Service Center GmbH, a...

Golar: Final investment decision for MK II 3.5mtpa FLNG

Golar announced that it has signed an Engineering, Procurement and Construction agreement with CIMC...

Intermodal Weekly Market Report [W37]

According to the latest USDA report, released on September 12th, the United States is...

China’s weak steel, strong iron ore imports shaped by prices

China’s steel and iron ore sectors are in an apparent state of disconnect, with...
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Finance & Economy
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Ports

Logothetis increases stake in SulNOx

Constantine Logothetis has once again increased his stake in UK-listed fuel decarbonisation group SulNOx. The announcement reads: The board of directors of the Company has...

Pelagic Partners launches new Pelagic Capital venture

Shipowner and shipping fund manager, Pelagic Partners, announced the launch of Pelagic Capital, a new venture designed to assist Pelagic Partners to build a...

Globus Maritime reports financial results for the second quarter

Globus Maritime, a dry bulk shipping company, today reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30,...

Pyxis announces full redemption of series a convertible preferred stock

Pyxis Tankers, an international shipping company, announced key shareholder and chartering updates. On September 6, 2024, the Company’s Board of Directors approved the redemption of...

TEN reports profits for the second quarter and first half 2024

50% increased dividend from amount paid for 2023 operations Dynamic growth and renewal - 21 vessels contracted/acquired within 2024 Minimum contracted revenues of $2.0 billion TST inaugurates...

Baltic index extends gain on panamax strength

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

One year of Celestyal Journey

Celestyal Journey has notched up one year with Celestyal, travelling 66,100 nautical miles in...

Titanic builder Harland & Wolff to enter administration amid debt woes

RMS Titanic shipbuilder Harland & Wolff announced on Monday that it will enter administration...

Burning oil tanker is safely towed away from Yemen after rebel attacks

UBAI, United Arab Emirates (AP) — Salvagers successfully towed a Greek-flagged oil tanker ablaze...

Trelleborg partners with Arkas Holding for advanced fleet modernization initiative

Trelleborg supplied its TSX5 shaft power meters, to be integrated into the Arkas fleet...

Woodland Biofuels announces a $1.35 billion investment at the Port of South Louisiana

Woodland Biofuels announced a planned $1.35 billion investment at the Port of South Louisiana to establish the world’s largest carbon negative renewable natural gas...

Hamburg enters agreement with COSCO

MAN PrimeServ Hamburg has signed an agreement with Hanyuan Technical Service Center GmbH, a subsidiary of COSCO SHIPPING Group, to provide one-stop support services...

US East Coast Ports Union meets over wage demand, preps for possible strike

The International Longshoremen’s Association union, representing 45,000 workers at major container ports from Texas to Maine, will begin two days of meetings on Wednesday...

Singapore permits night movement of containers at Pasir Panjang Terminal

Singapore will allow for night movement of line-towed container barges to and from Pasir Panjang Terminal, following a four-month trial, the Maritime and Port...

DP World enters retail and fashion logistics

DP World has completed the acquisition of Cargo Services Far East Ltd – a global supply chain provider headquartered in Hong Kong. Cargo Services is...