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Tuesday, December 3, 2024
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Maersk names newest dual-fuel methanol vessel “A.P. Møller” in Singapore

A.P. Moller - Maersk celebrated the arrival of its newest dual-fuel methanol container vessel in Singapore, as part of her maiden voyage from Asia...

Hapag-Lloyd concludes offtake agreement for green methanol

Hapag-Lloyd has reached an agreement with Goldwind, a global strategic partner in clean energy with headquarters in Beijing, China, for the delivery of 250,000...

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...

ZIM posts strong quarter, declares $100m special dividend

ZIM Integrated Shipping Services, a global container liner shipping company, announced its consolidated results for the three and nine months ended September 30, 2024. Third...

Euroseas posts financial results, declares quarterly dividend & announces containerships order

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced its results for the three and...

Maersk completes first large container vessel conversion to dual-fuel methanol engine

As the first large vessel in the industry, the container ship Maersk Halifax has been converted into a dual-fuel vessel able to operate on...

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...

Hapag-Lloyd achieves good result in first three quarters of 2024

Hapag-Lloyd concluded the first nine months of 2024 with a Group EBITDA of USD 3.6 billion (EUR 3.3 billion). The Group EBIT stood at...

HMM achieves quarterly operating profit of 1 trillion won

HMM has returned to the 1 trillion won quarterly operating profit club after seven quarters, benefiting from increased cargo volume and rising sea freight...

Danaos adds $300 million to contracted charter backlog

Danaos Corporation, one of the world's largest independent owners of container vessels and drybulk vessels, reported unaudited results for the period ended September 30,...

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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.

Baltic index hits over 1-year low on weaker rates across vessels

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

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...

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...