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Wednesday, June 19, 2024
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Dry Cargo

India bans wheat exports, adding to global supply crunch

India placed a ban on exports as of May 13, blocking a huge supply from the markets at a time when global supply was...

Globus: Acquisition of Fuel Efficient 64,000-DWT Motor Bulk Carrier

Globus, a dry bulk shipping company, announced that it has signed a contract for the construction and purchase of one fuel efficient bulk carrier...

Castor benefits from robust dry bulk market in Q1

Castor Maritime Inc., a diversified global shipping company, announced its results for the three months ended March 31, 2022. Highlights of the First Quarter...

Eagle Bulk sees major jump in results in Q1

Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the midsize drybulk vessel segment, reported financial results for the quarter ended March...

Genco: Success at fixing forward cargos at attractive rates in Q1

Genco, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the three months ended March...

EuroDry: Agreement to Acquire M/V Santa Cruz

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it has agreed to acquire M/V...

Castor Maritime Announces New Charter Agreements

Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that: The M/V Magic Moon, a 2005 built Panamax dry...

Diana: Time Charter Contract for m/v Philadelphia With C Transport

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,...

China March iron ore imports down nearly 15% y/y

China’s iron ore imports fell 14.5% in March from the same month a year earlier, customs data showed on Wednesday as shipments declined following...

Supramax freight rate for trans-Atlantic corrects amid tonnage oversupply

The trans-Atlantic Supramax spot freight rates edged lower in April amid a tonnage oversupply in East Coast South America while disruptions to grains supply...

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Scorpio Tankers announces updates on its securities repurchase program and second quarter of 2024 daily TCE revenues

Scorpio Tankers announced updates on its securities repurchase program and second quarter of 2024 daily TCE revenues. Securities Repurchase Program The Company recently repurchased 641,654 of...

V. Group embarks on new chapter of growth as consortium led by STAR Capital assumes ownership

V.Group, the global provider of mission critical services to the maritime industry, announced that a consortium led by STAR Capital including Ackermans & van...

Navigator Gas announces 6 million share secondary offering

Navigator Holdings revealed that BW Group Limited, a shareholder in the company, is publicly offering 6 million shares of Navigator Gas's common stock. The...

Vantage Drilling contemplates the listing of its shares on Euronext Growth in Oslo

Vantage Drilling International is currently exploring a possible listing of its shares on Euronext Growth Oslo, a multilateral trading facility operated by Euronext. A...

London P&I Club reports strong financial results for the 2023/24 financial year

The London P&I Club announced its financial results for 2023/24, reporting an operating surplus of US$36.3m, strengthening its free reserves to US$149.8m. Gross Earned...

Denmark seeks to stop shadow tanker fleet carrying Russian oil

Denmark is considering ways to stop a so-called shadow fleet of tankers from carrying...

Baltic Index flat as gains in smaller vessels offset weaker capesize

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

Yemen’s Houthis say they attacked two ships and American destroyer

Yemen’s Houthis said on Sunday that they had attacked two civilian ships along with...

Singapore marine bunker sales rebound after sliding four months

Marine bunker fuel sales in Singapore rebounded in May after logging monthly declines for...

Havila Shipping ASA: Contracts with Equinor Energy AS for the PSV vessels

The company has entered into contracts with Equinor Energy AS for the PSV vessels...

PPA: Two-day workshop on the preparation of the Regulation for tugboats

On May 29 and 30, 2024, PPA conducted an interactive workshop for the study and preparation of the Regulation for tugboats, following the issuance...

Zero Emission Port Alliance onboards leading organisations in container port industry

The Zero Emission Port Alliance (ZEPA) announces the onboarding of 11 organizations from the container port industry. Among the members are APM Terminals, CATL,...

Port Hedland Iron Ore Exports Up 8%

Pilbara Ports delivered a total monthly throughput of 68.8 million tonnes (Mt) for May 2024. This throughput was a 10 per cent increase compared to...

DP World announces major investments in Latin American ports to boost capacity and efficiency

DP World, a global leader in supply chain solutions, is making significant investments in its port terminals in Peru and Ecuador to enhance capacity...

PPA S.A.: Vibrant and engaging presence at Posidonia 2024

PPA S.A. once again showcases its vibrant and engaging presence at the prestigious Posidonia 2024 international shipping exhibition. Drawing a diverse array of visitors from...