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Tuesday, April 23, 2024

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In Depth

Baltic index dips on weaker capesize rates

The Baltic Exchange’s dry bulk sea freight index slipped on Monday as lower capesize...

Petrofac supporting national oil company of equatorial Guinea

Petrofac, a leading provider of services to the global energy industry, has been awarded...

Danaos secures financing for eight new containerships

Watson Farley & Williams advised Danaos Corporation on a US$450m post-delivery senior secured term...

Oil supertankers headed for China jump to the highest in a year

Supertankers hauling crude oil to China surged to the highest in almost a year. Some...

Brazil’s over-performing soy crop may keep padding global stocks

Last year, Brazil raised a soybean crop exceeding 160 million metric tons, nearly doubling...

Shipping industry urges UN to protect vessels after Iran seizure

Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in...
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Danaos secures financing for eight new containerships

Watson Farley & Williams advised Danaos Corporation on a US$450m post-delivery senior secured term loan facility to finance eight newbuild vessels under construction in...

Genco slams George Economou in letter to shareholders

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, announced that it has filed...

IMF Sees Slow and Steady Growth of Global Economy

The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing...

Euronav And Anglo-Eastern Join Forces

Euronav NV and Anglo-Eastern Univan Group announced a Heads of Agreement for the sale and purchase of Euronav Ship Management Hellas (“ESMH”), Euronav’s ship...

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...

Baltic index dips on weaker capesize rates

The Baltic Exchange’s dry bulk sea freight index slipped on Monday as lower capesize...

Shipping industry urges UN to protect vessels after Iran seizure

Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in...

Updated transit levels at Panama Canal don’t faze LNG shippers

Despite a recent announcement that the Panama Canal Authority is set to add a...

CLIA presents at G7 Transport Ministerial Session on Maritime Connectivity

Cruise Lines International Association (CLIA), represented by its European Chairman, Mr Pierfrancesco Vago, participated...

Baltic index hits over 3-week high as vessel rates climb

The Baltic Exchange’s dry bulk sea freight hit a more than three-week high...

Container throughput in port of Rotterdam increases in first quarter of 2024

Total throughput at the port of Rotterdam fell by 1.4% in the first quarter of 2024 compared to the same period last year. In...

Port of Los Angeles finishes first quarter up 30% over previous year

The Port of Los Angeles handled 743,417 container units in March, a 19% increase over the previous year. It was the eighth consecutive month...

Port of Antwerp-Bruges Reports Resilient Performance in Q1

The total cargo throughput of Port of Antwerp-Bruges amounted to 70.4 million tonnes in the first quarter of this year, a rise of 2.4%...

Port of València export freights grow by 2.13% in March

Export freights from the Port of València stabilised in March and experienced a slight increase of +2.13%. This is reflected in the València Containerised...

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...