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Thursday, March 28, 2024
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Market Reports

Intermodal Weekly Market Report [W04]

In a market where LNG spot prices follow a downward trajectory since late December, period charter rates for LNG vessels are also marginally retreating...

Intermodal Weekly Market Report [W03]

During the last weeks, the BDI has lost significant ground and has reached levels last seen at the summer of 2020...

Intermodal Weekly Market Report [W02]

From Feb 5, another price cap will be introduced to Russian fuels and oil products, adding to the one for crude oil, already in...

Gibson Weekly Tanker Market Report [W01]

Whilst 2022 ended with a fanfare, there is now a quieter feel for tanker markets as we step into 2023...

Gibson Weekly Tanker Market Report [W40]

Electric vehicles (EVs) can rightfully claim to be a leading technology to reduce emissions...

Intermodal Weekly Market Report [W39]

Amid the looming western sanctions on Russia, the country is challenged to pivot its energy markets away from Europe and toward the East...

Gibson Weekly Tanker Market Report [W39]

With the global economic picture continuing to be dominated by bearish sentiment, and oil prices falling to lows not seen since the start of...

Intermodal Weekly Market Report [W38]

This week, focus turns to the 38th APPEC Conference, where leading professionals from the global oil industry will discuss the future key drivers of...

Gibson Weekly Tanker Market Report [W38]

Since the start of oil production in 2019, Guyana has been on a consistent upward trend in terms of crude exports...

Intermodal Weekly Market Report [W37]

In view of the forthcoming winter, Europe is trying to escape from its energy (oil & gas) dependency from Russia to ensure energy abundance...

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Latest Articles

Finance & Economy
Shipping News
Ports

Carnival rides on record cruise demand to lift annual profit forecast

Carnival Corp opens raised its annual profit forecast on Wednesday, anticipating a record year of bookings as the company benefits from a rise in...

TEN Beats Revenue Estimates In Q4

Tsakos Energy Navigation reported fourth-quarter FY23 Voyage revenue of $220.2 million, down from $270.3 million in the prior year quarter but above the consensus...

Euronav Announces Dividend Proposal And Further Fleet Optimisation And Growth

Euronav NV announces its dividend proposal at the Annual Shareholders’ Meeting and further fleet optimisation with the sale of three VLCCs, the delivery of...

BW Group Contemplating Block Sale of Shares in Hafnia

BW Group Limited has retained DNB Markets, part of DNB Bank ASA, Fearnley Securities AS, and Pareto Securities AS as Joint Global Coordinators and...

Euronav to Exit Belgium’s Blue-Chip Index Two Days After Joining

Tanker company Euronav will exit Belgium’s blue-chip Bel-20 index after just two days of trading, as it no longer meets the membership conditions after...

Cruise Division of MSC Group Further Strengthens Greece Offering

MSC Cruises and Explora Journeys to make over 400 calls to Greek ports in...

Houthis could partner with Iran, Somali pirates on Indian Ocean attacks

Yemen-based Houthi militants could keep the promise to extend their attacks to merchant ships...

Baltic index slides for seventh straight session

The Baltic Exchange’s main dry bulk sea freight index on Wednesday fell for the...

Shipping traffic freezes up in port waters after Baltimore bridge collapse

Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while...

Baltic index hits near one-month low as rates drop for all segments

The Baltic Exchange’s main sea freight index dropped to a one-month low on Tuesday,...

Adani acquires 95% stake in Gopalpur Port

APSEZ has entered into a definitive agreement to acquire Gopalpur Port Limited (GPL) at an enterprise value of INR 3,080 crore Gopalpur is a road-rail...

Shipping traffic freezes up in port waters after Baltimore bridge collapse

Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while vessels were stranded inside the port after traffic was halted...

MSC completes agreement for Clasquin

MSC Mediterranean Shipping Company, through its subsidiary SAS Shipping Agencies Services Sàrl, has announced an agreement to acquire a 42.06% stake in Clasquin, a...

Port Hedland Iron Ore Exports Steady in February 2024

Pilbara Ports delivered a total monthly throughput of 52.7 million tonnes (Mt) for February 2024. This throughput was a four per cent decrease compared to...

Successful transportation of electric busses through Port of Piraeus

A total of 140 Yutong electric busses were successfully transported, reaching the Port of Piraeus and efficiently unloaded at the car terminal station for...