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StealthGas: Filing of Registration Statement Relating to Proposed Spin-Off of Tanker Vessels

StealthGas announced that, through a wholly-owned subsidiary, it has filed a registration statement on Form F-1 pursuant to the Securities Act of 1933 to...

Shipping US Diesel to Europe Just Got Pricier as Rates Soar

The cost of shipping diesel and other fuels to Europe from the U.S. Gulf has surged in recent days amid signs of an increase...

Euronav expecting upturn after tough third quarter

Euronav NV reported its non-audited financial results for the third quarter ended 30 September 2021. Hugo De Stoop, CEO of Euronav said: ”We have...

Maersk Tankers CEO says shippers will pay carbon taxes

The head of a major shipping company wants a carbon tax for his industry by 2025, and he’s confident his customers are willing to...

DHT Holdings Reports Q3 Loss

DHT Holdings announced its results for the quarter ended September 30, 2021:

Odfjell: Sale of last short-sea vessels

Odfjell SE has entered into a sales agreement for the last three 9,000 dwt short-sea vessels that have operated in the company’s regional trade...

Nordic American Tankers fixes suezmax for 12 months as ‘insurance policy’

Nordic American Tankers issued an announcement according to which the company has fixed one of its suezmax tankers on a 1-year charter as “insurance...

International Seaways Announces Refinancing of Six Vessels

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced that it has signed...

Ocean Yield Announces Sale of LR2 tankers

Navig8 Pride and Navig8 Providence are LR2 tankers built in 2018 and employed on long-term charters to subsidiaries of Navig8 Ltd. (“Navig8 Group”). The...

Iranian Supertanker Departs Venezuela In Probable Breach Of U.S. Sanctions

An Iran-flagged supertanker on Saturday was about to set sail from Venezuelan waters carrying 2 million barrels of heavy crude provided by state-run oil...

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Sphinx Investment Corp Increases Stake in OceanPal

On September 28, 2023, an OceanPal SEC filing revealed that Sphinx Investment Corp. had raised its ownership in OceanPal, now holding a substantial stake...

Star Bulk Announces the Repurchase of 10 Million of Its Common Shares

Star Bulk announced that it entered into a Repurchase Agreement (with OCM XL Holdings, LP, a limited partnership incorporated in the Cayman Islands, pursuant...

Trafigura announces executive leadership changes

Trafigura Group Pte Ltd. has announced an evolution of its executive team to further strengthen leadership and focus across its global activities during a...

Woori, HMM, KOBC to buy Polaris in prospective $448 mln deal – report

Polaris Shipping Co. is poised to sell its entire stake at around 600 billion won ($447.5 million) to Woori Private Equity Asset Management Co....

Pyxis Tankers Announces Closing of Ultramax JV Investment

Pyxis Tankers, an international shipping company, reported that on September 14, 2023, the Company closed on its previously announced newly formed drybulk joint venture...

Baltic index snaps 4-day winning streak as capesize rates slip

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

Baltic index scales 11-month peak on strong capesize rates

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

Baltic index scales over 9-month high on capesize surge

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

Baltic index rises to over 4-month high on stronger capesize rates

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

Houston-Japan VLGC freight rates reach multi-year high

VLGC freight rates from Houston to Chiba, Japan, reached $245/mt Sept. 21 for the...

Piraeus Port reports strong H1 2023 results

The Piraeus Port Authority SA, which operates Greece’s biggest and busiest port, reported a 48.8-percent increase in pre-tax earnings for H1 2023 – 49.4...

Greece names Thessaloniki port operator preferred bidder for Volos port

Greece’s privatisation agency has named the operator of Thessaloniki port as the preferred bidder for acquiring a 67% stake in the port of Volos,...

Drewry: Port Throughput Index Down 2.1% in July

The Global Container Port Throughput Index fell 2.1% MoM in July 2023, with the small rises recorded in Africa and Oceania having been insufficient...

Vopak: Agreement with Infracapital on sale of Rotterdam chemical terminals

Vopak announces that it has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam (Botlek, TTR and Chemiehaven)...

Port Hedland Iron Ore Exports Edge Up 4% in August

Pilbara Ports Authority has delivered a total monthly throughput of 62.8 million tonnes (Mt) for August 2023, consistent with the August 2022 throughput. The Port...