Wednesday, March 22, 2023

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In Depth

Piraeus port goes green

Stolt Tankers acquires two chemical tankers

Stolt Tankers has announced that it has increased its fleet with the acquisition of...

Heidmar Announces Business Combination Agreement with Home Plate

Heidmar announced it has entered into a definitive agreement for a business combination with...

Intermodal Weekly Market Report [W11]

The crude tanker market continues to gather momentum as we head towards the end...

Dalian iron ore slips on concerns of China intervention, output curbs

Dalian iron ore futures extended losses on Tuesday as traders weighed the prospects of...

Baltic index falls as larger vessel rates slip

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

Castor Maritime sells panamax bulker

Castor Maritime, a diversified global shipping company, announced that on March 13, 2023, it...
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Finance & Economy
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Ports

TEN Reports Record Profits for Fourth Quarter and Year-End 2022

TEN, Ltd. reports results (unaudited) for the fourth quarter and the year ended December 31, 2022. FINANCIAL RESULTS FOR THE YEAR 2022 Positive market fundamentals and...

Another profitable year for Seanergy despite global challenges

Seanergy Maritime Holdings Corp., announced its financial results for the fourth quarter and twelve months ended December 31, 2022. The Company also declared a...

ZIM Reports Net Income of $417 Million for the Fourth Quarter of 2022

ZIM Integrated Shipping Services Ltd., a global container liner shipping company, announced its consolidated results for the three and twelve months ended December 31,...

Navios Holdings posts Net Income of $87.3 million in 2022

Navios Maritime Holdings Inc. reported its financial results for the fourth quarter and year ended December 31, 2022. Navios Holdings owns (i) a controlling equity...

Castor reports strong 2022 results

Castor Maritime Inc., a diversified global shipping company, announced its results for the three months and year ended December 31, 2022. Highlights of the Fourth...

Baltic index falls as larger vessel rates slip

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

Baltic Index Ticks Up On Capesize Jump

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

Baltic index snaps 19-session winning streak as larger vessels weigh

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

Baltic index rises on panamax vessel demand

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

Baltic index hits near 12-week high on heavy capesize demand

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

Port of Los Angeles moves 487,846 container units in February

The Port of Los Angeles processed 487,846 Twenty-Foot Equivalent Units (TEUs) in February, a 43% decrease from the previous February’s all-time record. “February declines were...

Piraeus Port Authority: Strong growth in 2022

PPA S.A. announced Full Year 2022 financial results, marking a consecutive year of growth with a turnover of €194.6 million compared to €154.2 million...

WLP welcomes 14 strategic Vietnamese partners to its growing network of international traders

World Logistics Passport (WLP), a Dubai-led global initiative designed to smooth the flow of world trade, has welcomed 14 Vietnamese partners to its global...

Port of Hedland February Iron Ore Exports 2% Down

Pilbara Ports Authority has delivered a total monthly throughput of 54.8 million tonnes (Mt) for February 2023. This throughput was a five per cent increase...

DP World’s Pusan terminal is world’s first to implement BOXBAY high-bay storage system

DP World has announced the first commercial use of its revolutionary BOXBAY high-bay storage system at their terminal in Pusan, South Korea. A contract was...