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Tuesday, January 21, 2025
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UK calls for zero global shipping emissions by 2050 as greenest ever LISW21 opens

Marking the start of the greenest London International Shipping Week yet, the UK backs a world-leading absolute zero target for international shipping emissions by...
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Vitol orders asphalt carrier at Chengxi

Vitol has placed an order at China State Shipbuilding Corp’s Chengxi Shipyard for up to two 37,000 dwt asphalt/bitumen carriers. Delivery of the vessels...
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Shipping Problems Plague Brazil’s Coffee Exports

Exports of green coffee from Brazil, the world’s largest producer, fell 27% in August from a year earlier to 2.33 million 60-kg bags as...
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US soybean crop seen improving after recent favorable weather in Midwest

The outlook for the US soybean crop is improving after recent rains in the Midwest raised prospects for the yield and production. While the...
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LNG bunkers promising option among many alternatives: industry experts

LNG as a marine fuel presents a viable and immediate solution to expedite decarbonization as shipping explores other options like biofuels, ammonia and methanol...
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Hapag-Lloyd to limit freight surcharge increases, on top of freezing FAK

German container carrier Hapag-Lloyd said it will limit sharp increases in premiums and other surcharges, apart from a freeze in spot rates, a company...
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Baltic index jumps nearly 8% as capesizes scale near 12-year peak

The Baltic Exchange’s main dry bulk sea freight index jumped nearly 8% on Monday, as rates for the larger capesize segment rallied to their...
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OPEC set to revise down ‘optimistic’ oil demand outlook – sources

OPEC wil likely revise down its 2022 oil demand growth forecast on Monday, two OPEC+ sources said, as the spread of the Delta coronavirus...
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BW Offshore announces Barossa FPSO equity joint venture partnership

BW Offshore announced a partnership with international global infrastructure investors for the equity financing of the FPSO for the Barossa gas field offshore Australia...
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Diana Shipping Announces Time Charter Contract for m/v Myrto

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Solebay Shipping Transocean Company Limited, for...
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Testing giants Bureau Veritas and SGS in merger talks

France's Bureau Veritas, opens new tab and Switzerland's SGS (SGSN.S), opens new tab are in merger talks to create a testing and certification giant...

DHT Holdings announces business update

DHT Holdings provides the following business update: “For the fourth quarter of 2024, the Company estimates time charter equivalent earnings for its fleet at $38,800...

Scorpio Tankers announces fixed income investor meetings

Scorpio Tankers through its Norwegian investment banks, will arrange a series of fixed income investor calls commencing on January 13, 2025. A five-year USD...

West fully acquires Nordic Marine Insurance

West announced the full acquisition of Nordic Marine Insurance, a leading provider of fixed premium insurance for the marine industry, specialising in Delay Insurance,...

BW LPG: Kristian Sorensen boosts shareholding

Kristian Sørensen, Chief Executive Officer has purchased 1,000 shares in BW LPG Limited on 19 December 2024 at a price of NOK 115 per...

Tsakos Group is the largest duel fuel ship operator in the world

The Tsakos Group has become the largest shipping company with dual fuel ships and...

Houthi rebels to halt military operations against most ships in Red Sea: sources

Houthi rebels have said they will halt their military operations against most ships in...

Baltic index falls to 19-month low on weaker vessel rates

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

George Alexandratos to lead Hellenic Chamber of Shipping

George Alexandratos will succeed George Pateras at the helm of the Hellenic Chamber of...

Maritime sources expect Houthis to halt Red Sea attacks after Gaza deal

Maritime security officials said, on Thursday, they were expecting Yemen’s Houthi fighters to announce...

AD Ports Group expands cooperation with Kazakh Partners

Noatum Maritime, the Maritime & Shipping arm of AD Ports Group, a leading facilitator of global trade, logistics, and industry, has strengthened its collaboration...

PPA S.A: MSC Cruise sailings started at the Port of Piraeus, a leading homeport cruise port in the Mediterranean

The Management of PPA S.A. welcomed the MSC Sinfonia to the port of Piraeus for 2025, hosting a special event where PPA’s DCEO, Cpt....

Wallenius Wilhelmsen wins terminal contract in Gothenburg

Wallenius Wilhelmsen is taking a strategic step to expand its logistics services by taking over the terminal operations in Gothenburg, Sweden. “It amplifies our operational...

ThPA: A new chapter with the entry of Margarita Louis-Dreyfus

LeonidsPort B.V. of the French Louis-Dreyfus family, whose homonymous business group (LDC) is one of the world’s largest agri-food trading and processing groups, intends...

PPA S.A.: First cruise ship of the year sails at the Port of Piraeus – Historical cruise passenger record

 PPA S.A. welcomed the Viking Saturn, the first cruise ship of the new year, to the Port of Piraeus through a special ceremony that included...

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