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Market Reports

Intermodal Weekly Market Report [W38]

2023 has been a very challenging year so far. We have seen the war in Ukraine still going on, persisting inflation, high interest rates,...

Intermodal Weekly Market Report [W37]

The OSV market has turned from an all-time low to great earnings in the past 2 years, as investments in the North Sea's Oil...

Intermodal Weekly Market Report [W36]

The diesel import landscape in Brazil has undergone a significant trans- formation with a surge in Russian diesel imports, impacting the energy and shipping...

Intermodal Weekly Market Report [W35]

Pitching up from Spring, oil prices have been under considerable pressure due to sluggish market fundamentals, or at least the perception of such, individual...

Intermodal Weekly Market Report [W34]

In recent weeks, Chinese economic data has suggested that the world's second largest economy may be slowing this year and into 2024...

Gibson Weekly Tanker Market Report [W34]

The state of California is a unique case in the US energy market, particularly when it comes to crude oil…

Intermodal Weekly Market Report [W33]

As of the latest update, the Panama Canal continues to grapple with the effects of a historic drought, impacting shipping markets in the region...

Intermodal Weekly Market Report [W31]

Soybean Brazilian export forecasts were released last week and various organisations that track this data conclude that exports this year will be between 96...

Intermodal Weekly Market Report [W29]

The recent commitment from Russia and Saudi Arabia to production cuts, coupled with Saudi Aramco's consecutive increase in OSPs to Asian customers, has prompted...

Intermodal Weekly Market Report [W26]

The assessment of the upcoming trade grain activity for the second half of 2023 reflects a nuanced sentiment, with a combination of favorable and...

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Safe Bulkers Posts Strong Q4 Results

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and twelve month periods ended...

Navios Partners Posts $1.3 Billion Revenues in 2023

Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, reported its financial results for the fourth quarter and...

TORM Announces Pricing of USD 200m Senior Unsecured Bond

TORM has successfully priced USD 200m of senior unsecured bonds due 25 January 2029. The Bonds will carry a fixed coupon of 8.25%, payable semi-annually....

TORM capital increase in connection with delivery of MR vessel & LR2 vessel

With reference to Company Announcement no. 22 dated 09 November 2023 where TORM plc (“TORM") announced the acquisition of eight LR2 product tanker vessels,...

Marinakis sells stake in Capital Product Partners to Yoda

Cyprus-based Yoda has purchased a stake from Evangelos Marinakis-led Capital Maritime & Trading in New York-listed LNG carrier owner Capital Product Partners. Yoda, which invests...

Posidonia 2024: Navigating Uncharted Waters in the Face of Global Challenges

Posidonia 2024 is already on track to be the biggest ever in the long...

Wallenius Wilhelmsen: Multi-year contract with Korea’s leading construction machinery company

Wallenius Wilhelmsen recently signed a significant multi-year shipping contract with Korea’s leading construction machinery...

Baltic Index Climbs For Third Straight Session On Firm Rates For Larger Vessels

The Baltic Exchange’s dry bulk sea freight index gained for a third straight session...

Höegh Autoliners Signs EV Deal with Major Asian Manufacturer

Höegh Autoliners ASA has signed a new contract with a major East Asian car...

Red Sea ship diversions boost bunker demand, prices in Africa, Mediterranean

The re-routing of a growing number of ships around Africa to avoid potential attacks...

Major investment implemented by Piraeus Port Authority

The inauguration ceremony for the project “Completion of the Expansion of RoRo - Heracleous Port” took place at the Car Terminal of PPA S.A. It...

African Ports See Higher Refueling Demand as Vessels Round Cape

African ports from Namibia to Mauritius are becoming more popular as refueling stops for vessels shunning security threats in the Red Sea. The Namibian port...

Plaquemines Port, APM Terminals to develop major container terminal

Plaquemines Port Harbor and Terminal District (Plaquemines Port) proudly announces the execution of a letter of intent with APM Terminals to build a state-of-the-art...

Piraeus registered historical high in cruise passengers last year

Piraeus has posted a new record in cruise passengers according to last year’s figures announced on Thursday, while another record is expected during 2024. According...

Sale of APM Terminals Castellón to Noatum Terminals Completed

After careful evaluation, APM Terminals has decided to divest its terminal facility in Castellón, Spain (APM Terminals Castellón) upon reaching an agreement with Noatum...