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Tuesday, January 21, 2025
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U.S. calls on OPEC and its allies to pump more oil

U.S. President Joe Biden’s top aides are pressuring OPEC and its allies to boost oil output to tackle rising gasoline prices that they see...
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Ship sailing under Panama flag runs aground in Japan, oil leaking

According to Reuters, a Panamanian-registered ship ran aground in a northern Japanese harbour and was leaking oil, but there were no injuries among the...
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Port Hedland Iron Ore Exports Up in July

Pilbara Ports Authority has delivered a total monthly throughput of 59.0 million tonnes (Mt) for July 2021. This throughput was a two per cent decrease...
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Slow U.S. Corn Shipments Could Pressure Supply Forecasts

The United States has already secured a record corn export campaign for the nearly concluded season, but the shipments are unlikely to match the...
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Korean shipyards top global order book in July for 3rd consecutive month

South Korean shipbuilders defended No.1 position in the global order book for the third consecutive month in July, pushing their combined orders during seven...
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Baltic index jumps to over 1-month high

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest in over a month...
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HHI expects planned IPO to raise as much as $940 mln

South Korean shipbuilder Hyundai Heavy Industries said on Tuesday its planned initial public offering is expected to raise as much as 1.1 trillion won...
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Golden Ocean Exits CCL Pool Joint Venture

Golden Ocean Group Limited announced that it has terminated its relationship with Capesize Chartering Ltd. (“CCL”), a joint venture to coordinate the Capesize spot...
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Intermodal Weekly Market Report [W31]

Energy is at the core of the global climate dialogue as the climate challenge is essentially an energy challenge...
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Depressed rates weaken VLCC market, force owners to idle ships

The VLCC market is stuck in limbo with spot rates for hauling crude from the Middle East to Far East staying almost static since...
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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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