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Monday, September 16, 2024
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Dry Cargo

Golden Ocean delivers above-market Q2 performance

Golden Ocean, the world’s largest listed owner of large size dry bulk vessels, announced its unaudited results for the quarter ended June 30, 2024. Highlights Net...

Ulrik Andersen joins J. Lauritzen

J. Lauritzen announced the addition of Ulrik Uhrenfeldt Andersen to the Lauritzen NexGen team. Lauritzen NexGen was established by J. Lauritzen to actively invest in...

Diana Announces Time Charter Contract for m/v G. P. Zafirakis

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for...

Belships posts higher net result in Q2

Belships reported second-quarter results in line with analysts’ expectations. HIGHLIGHTS EBITDA of USD 29.3m including USD 2.9m from operating business Net result of USD 18.9m Declared dividend of...

MOL and Vale Retrofit Capesize Bulk Carrier with Rotor Sails

Mitsui O.S.K. Lines, Ltd. (MOL) and Vale International SA announced that a 200,000-ton class bulk carrier, currently employed under a mid–term contract for transportation...

NYK Bulk & Projects to Time-Charter First Methanol-Fueled Bulker

On August 1, NYK Bulk & Projects Carriers Ltd., an NYK Group company, concluded a basic agreement with Kambara Kisen Co., Ltd. (Hiroshima Prefecture,...

2020 Bulkers announces 2Q2024 financial results

2020 Bulkers released consolidated financial results for the second quarter of 2024:

Diana Shipping announces time charter contract for m/v Astarte with Paralos Shipping

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary,...

Pyxis Tankers: Strong results in Q2 with net revenues of $13.9 million

Pyxis Tankers, an international shipping company, announced unaudited results for the three and six month periods ended June 30, 2024. Summary For the three months ended...

Icon Energy announces the acquisition of a Kamsarmax Dry Bulk Carrier

Icon Energy, an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes, announces that on August 2, 2024, it entered,...

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Pelagic Partners launches new Pelagic Capital venture

Shipowner and shipping fund manager, Pelagic Partners, announced the launch of Pelagic Capital, a new venture designed to assist Pelagic Partners to build a...

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...

Höegh LNG announces name change to Höegh Evi

Höegh LNG, a global leader in marine energy infrastructure solutions, announced its new name,...

EU mission starts Red Sea oil tanker salvage

The Sounion was attacked by Iran-backed Houthis rebels last month off the coast of...

MOL becomes 1st Japanese Board Member of Book and Claim Community

TOKYO-Mitsui O.S.K. Lines announced that it has become the first Japanese company to join...

Operational Strategies of the Panama Canal spotlighted during International Investors Forum

The 2025 Investors Forum, organized by the Latin American Stock Exchange (LATINEX), analyzed 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...

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...