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Tuesday, December 3, 2024
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Subsea7 wins project offshore US Gulf of Mexico

Subsea 7 announced an award by LLOG Exploration Offshore, LLC as project manager for the Salamanca development project, which includes the Leon and Castile...
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Euroseas CEO Interview on Fleet Renewal, Business Strategy & Sector Outlook

The Chairman and CEO of Euroseas Ltd., Aristides Pittas discussed with Anna Wichmann of Capital Link TV on the occasion of the recently announced...
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Diana Shipping: Completion of JV for Acquisition of “DSI Drammen”

Diana Shipping announced that through a limited partnership it signed an investment agreement for the acquisition by a Norwegian entity of a 75% partnership...
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Scorpio Tankers announces strong Q1 results

Scorpio Tankers Inc. reported its results for the three months ended March 31, 2023. The Company also announced that its board of directors has declared...
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DSME acquisition could be approved by shipbuilder’s board soon – report

The board of Daewoo Shipbuilding & Marine Engineering (DSME) will likely approve the acquisition by five Hanwha companies of the debt-ridden shipbuilder next Monday,...
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Intermodal Weekly Market Report [W17]

Over the past few months, we have seen a new trading pattern emerge in the oil trade, both crude and products...
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Baltic index falls on lower vessel demand

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Tuesday, pressured by lower shipping rates...
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Three crew missing after tanker catches fire off Malaysia

Three crew members of a Gabon-registered tanker were missing after the vessel caught fire on Monday in waters off Malaysia’s southern coast, Malaysian maritime...
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U.S. LNG exports go full steam ahead, sales to Latin America rise

U.S. producers of liquefied natural gas (LNG) exported at top capacity in April for a second consecutive month, with over two-thirds of shipments bound...
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As oil output peaks, US Gulf of Mexico makes room for carbon capture

After nearly a century, oil output in the U.S. Gulf of Mexico is heading towards its peak with new platforms providing a last hurrah...
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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...

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