Wednesday, November 30, 2022
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Intermodal Weekly Market Report [W22]

Tide and time wait for no man, and certainly markets are on the go by impelling towards the transition of a new oil supply...

Intermodal Weekly Market Report [W21]

Russia is the world’s third largest oil producer after United States and Saudi Arabia and the second largest crude oil exporter, portraying its major...

Intermodal Weekly Market Report [W17]

While observing the ship repair market since the beginning of the year, uncertainty remains part of the daily challenges Owners must encounter for repairing...

Intermodal Weekly Market Report [W14]

In spite of the previous year’s momentum in the secondhand market which was characterized by a plethora of dry bulk and containers SnP materialized...

Intermodal Weekly Market Report [W13]

The Russia-Ukraine war has dealt a triple blow to sunflower oil, palm oil, and soybean oil supplies...

Intermodal Weekly Market Report [W11]

Five months after the 26th UN Climate Change Conference of the Parties (COP26) set a target to reduce emissions by accelerating the phase out...

Intermodal Weekly Market Report [W10]

While all eyes are on the Russian invasion in Ukraine, the last 20 days the tanker market is taking another hit of uncertainty prior...

Intermodal Weekly Market Report [W09]

Whilst everyone focuses on the newly imposed banking sanctions and SWIFT bans, at the same time a new financial environment is growing in the...

Intermodal Weekly Market Report [W07]

The newbuilding market activity since the start of the year is following the same momentum that we have been witnessing during 2021...

Intermodal Weekly Market Report [W06]

After a very hot dry bulk market, the 7th October 2021 – when BDI reached the 5,650 points mark, was the turning point on...

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Golden Ocean launches $100m stock buyback

The Board of Directors of Golden Ocean has on October 4, 2022, authorized a share buy-back program of maximum USD 100 million to purchase...

Diana Shipping Signs Term Loan Facility With Nordea Bank

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that...

Rival of Matson can proceed with antitrust lawsuit

Two Matson Inc subsidiaries must face claims from rival container shipping company American President Lines LLC that Matson is abusing its market power over...

Major Shareholders Raise Offer for Seaspan Takeover

A consortium led by former Berkshire Hathaway Inc. executive David Sokol and Canadian investment group Fairfax Financial Holdings Ltd raised its offer to buy...

2020 Bulkers: Conversion of index-linked charter hire for Bulk Sao Paulo

2020 Bulkers has converted the index-linked charter for Bulk Sao Paulo into fixed rate charter at US$16,146 per day, gross, for the period from...

Cyprus: Green light for one-stop-shop in shipping sector

The Parliament of Cyprus this week unanimously approved the creation of a one-stop-shop framework...

Cyprus: Green light for one-stop-shop in shipping sector

The Parliament of Cyprus this week unanimously approved the creation of a one-stop-shop framework...

Norway limits access for Russian fishing trawlers in security push

Norway said on Thursday it would impose limits on Russian fishing vessels using its...

Stolt-Nielsen: Net profit continues to improve in third quarter

Stolt-Nielsen Limited yesterday reported unaudited results for the third quarter and first nine months...

Capesize drop snaps Baltic Index’s 4-session winning run

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

Los Angeles: Unprecedented Year Increases Port Emissions

Emissions from port-related sources increased in 2021 compared to the previous year, according to the Port of Los Angeles’ latest Inventory of Air Emissions....

Los Angeles: Unprecedented Year Increases Port Emissions

Emissions from port-related sources increased in 2021 compared to the previous year, according to the Port of Los Angeles’ latest Inventory of Air Emissions....

Greece names preferred investor for Igoumenitsa port

Greece's privatisations agency on Thursday named an Italian-led consortium as preferred bidder in the sale of a majority stake in the port of Igoumenitsa....

Piraeus Port posts all-time record in revenue & profitability

Piraeus Port Authority (PPA) S.A. reported 29.3% turnover increase for the first half of 2022, amounting to 93.1 million euros compared to 72.0 million...

Hapag-Lloyd AG acquires terminal business of SM SAAM S.A.

Hapag-Lloyd AG and SM SAAM S.A. signed a binding agreement under which Hapag-Lloyd will acquire 100 % of the shares of SAAM Ports S.A....