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Sunday, September 15, 2024
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Intermodal Weekly Market Report [W36]

The past week closed with the Kamsarmax sector once again emerging as the most underperforming segment in terms of average time-charter equivalent (TCE) with...
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Intermodal Weekly Market Report [W35]

Libya's oil production, crucial to both its economy and global energy markets, was severely disrupted last week. The country's production has fallen by around...
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Intermodal Weekly Market Report [W34]

Following Russia’s invasion in Ukraine in February 2022, there has been an observable increase in premiums associated with imposed sanctions and war insurance…
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Intermodal Weekly Market Report [W33]

The reopening of Pipavav Shipyard by Reliance Industries, owned by the Ambani family, marks a pivotal moment in India's quest to become a major...
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Intermodal Weekly Market Report [W31]

The dry bulk market has seen a rise in secondhand asset values this year. While average earnings have remained healthy, the ratio between earnings...
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Intermodal Weekly Market Report [W29]

Last week saw the release of Chinese import and export data for the first half of the year. According to the National Bureau of...
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Intermodal Weekly Market Report [W28]

In February 2024, we discussed the impact of the integration of the Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) regulations,...
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Intermodal Weekly Market Report [W27]

The first half of 2024 has been a dynamic period for the tanker market, characterised by a number of significant events and evolving trends...
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Intermodal Weekly Market Report [W26]

During the second quarter, we have observed an unprecedented surge in bauxite exports from Guinea, reaching a new record high of 38.01 million tons...
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Intermodal Weekly Market Report [W02]

The onset of 2024 has ushered in a downward trend for dry bulk owners…
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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...

HMM plans to invest KRW $17.4 Billion to sustainable growth

HMM maps out a mid-to-long-term strategy to expand its business portfolio for future growth and drive itself to be a global green shipping and...

Genco enhances dividend policy

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced the removal of the...

Schuyler Line secures $17.1m US government contract

Schuyler Line Navigation was awarded a $17,155,000 firm-fixed-price, with reimbursable elements, for time charter...

DNV and Brinav signs MOU further broadening their autonomy collaboration

Classification society DNV and Navigation Brilliance (Brinav), signed a memorandum of understanding on autonomous...

Baltic index falls as capesize rates decline

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

​Cruise Lines International Association statement regarding tourism management measures in Greece

The cruise sector is a success story for Greece contributing 1.4 billion euros to...

Maersk Tankers to launch new Chemical Pool

On October 1st, Maersk Tankers will launch our new pool - Maersk Tankers Chemicals. “Supported...

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...

APSEZ acquires 80% stake in global OSV operator Astro Offshore for USD 185 Mn

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has entered into a definitive agreement to acquire 80% stake...

Indian Port Workers Call Off Strike, Agree New Wage Deal

Nearly 20,000 workers across major Indian ports, who had threatened to go on an indefinite strike from Wednesday, called off their walkout late on...

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