The Ship Financing Portal, designed to improve access to financing for the shipping sector and the wider maritime industry, is now online.
The platform, launched...
Norwegian Cruise Line Holdings on Wednesday raised its annual profit forecast for a third time, riding on sustained demand for luxury voyages and higher...
Concerns are growing that a potential labor dispute may dampen a long-awaited boom in the shipbuilding industry, as unionized shipyard workers prepare to strike...
The president of the US-listed shipping company Safe Bulkers, Loukas Barbaris, focuses on the company’s strong liquidity, commenting on the company’s financial results for...
Costamare reported unaudited financial results for the second quarter (“Q2 2024”) and six-months ended June 30, 2024.
I. PROFITABILITY AND LIQUIDITY
Q2 2024 Net Income available...
Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported a net loss of $2.8...
Dalian iron ore futures closed slightly lower on Wednesday after drifting in a narrow range, as market participants weighed weak economic data from top...
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dipped for the ninth straight session on...
Copper prices in London extended their fall to the third consecutive session on Tuesday as concerns about demand in top consumer China and uncertainty...
Iron ore futures retreated further on Tuesday as the outcome of China’s key Politburo meeting and the strong global supply outlook both weighed.
The most-traded...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...