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Monday, December 2, 2024
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Intermodal Weekly Market Report [W47]

China’s decision to grant an additional crude oil import quota of at least 5.84 million metric tons for delivery through late 2024 and early...
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Intermodal Weekly Market Report [W45]

Building on the strong performance observed over the summer, the containership markets remain in solid shape as we head into the pre-holiday season.
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Intermodal Weekly Market Report [W44]

The recent expansion of Canada's Trans Mountain Pipeline (TMX) is set to reshape the North American oil landscape, significantly impacting the tanker market and...
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Intermodal Weekly Market Report [W43]

The dry bulk sale and purchase activity continue to demonstrate remarkable strength this year so far, achieving the second-largest volume of transactions in the...
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Intermodal Weekly Market Report [W42]

In 2024 so far, Europe’s CPP imports are robust, with diesel/gasoil con-tinuing to account for the majority of total volumes.
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Intermodal Weekly Market Report [W41]

In examining global bulk shipments, what stands out is the weakening of corn exports from Brazil, particularly during the second corn crop (safrinha) harves.
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Thenamaris sells 180,100 dwt capesize bulker

Thenamaris is reported to have sold 180,100 dwt capesize bulk carrier Sealeader II. According to TradeWinds citing market sources, the 2011 built vessel has been...
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Intermodal Weekly Market Report [W39]

Last week, the PBC introduced a significant set of economic measures, marking the first time a combination of rate cuts, reductions in the reserve...
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Intermodal Weekly Market Report [W38]

India's crude oil import landscape has been undergoing notable shifts, particularly with the recent 18% decline in Russian oil imports during August 2024.
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Intermodal Weekly Market Report [W37]

According to the latest USDA report, released on September 12th, the United States is forecasted to achieve a record soybean production of 124.90 million...
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BW LPG posts USD 120 mln Q3 net profit

BW LPG Limited reported financial results for Q3 2024. Highlights and Subsequent Events - Another good quarter for shipping with TCE income - Shipping Q3 2024...

Globus Maritime reports Q3 2024 Financial Results

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated financial results for the third quarter and nine-month period ended September 30,...

Hurtigruten announces acquisition by consortium of existing investors contributing more than EUR 360m of new capital into the business

Hurtigruten announced that the Company has been acquired by a consortium of existing investors and has received approximately EUR 110m in new, long-term funding....

TORM announces share capital increase

TORM has increased its share capital by 961,823 shares (corresponding to USD 9,618.23) in connection with delivery of two MR vessels and exercise of...

TEN: Strong performance in 9-month results

TEN reported results (unaudited) for the nine months and third quarter ended September 30, 2024.

Höegh Autoliners signs 2-year contract with a major international car producer

Höegh Autoliners ASA has signed a two-year contract with a major international car producer...

Baltic Index drops to more than three-week low as larger vessel rates slip

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

Baltic index slips to near three-week low as larger vessel rates dip

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

Baltic index snaps six-session losing streak as capesize rates gain

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

BAR Technologies: MoU with Mitsubishi Corporation and Nihon Shipyard in Japanese shipping market

BAR Technologies, a wind propulsion leader and innovative simulation-driven marine engineering consultancy, has announced...

ONE strengthens presence in southeast Asia with terminal acquisition in Indonesia

Ocean Network Express announced the completion of its acquisition of a minority stake in New Priok Container Terminal One (“NPCT1”) in Jakarta, Indonesia. NPCT1 is...

Tallinna Sadam signs an agreement with JetGas OÜ for development of new terminal

AS Tallinna Sadam and JetGas OÜ signed an agreement for establishment of a liquefied methane terminal in Muuga Harbour. According to the agreement, JetGas...

MSC clears final hurdle for entry into Hamburg port operator

The world's largest container shipping company MSC has cleared the way for its entry into the Hamburg port operator HHLA. According to a mandatory publication...

COSCO SHIPPING Chancay Peru Terminal starts operation

Located in the central part of the Peruvian coastline, approximately 78 kilometres north of Lima, Chancay Port is COSCO SHIPPING’s first green and smart...

Greece’s Piraeus named top passenger shipping port in 2024

Piraeus Port handles approximately 20 million passengers a year making it one of the busiest ports in Europe. The Port of Piraeus, Greece’s largest, was...

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