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Tuesday, January 21, 2025
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Baltic index flat as smaller vessel gains counter capesize dip

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, was unchanged on Monday near the one-month peak...
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Golar posts best ever quarterly net income

Golar  announced the company’s best ever quarterly net income of $471.4 million, inclusive of a gain on disposal of Hygo Energy Transition Limited and...
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International Seaways sees fleet optimization crucial with crude tanker earnings down 71%

Expectations of improving global ton-mile demand, tanker fleet optimization during the second half of 2021 provide support to International Seaway's performance after tanker owners...
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Shell to add ten tankers to Signal’s MR pool

Shell Tankers (Singapore) has signed a partnership agreement with ship management company Signal Maritime placing ten Medium Range (MR) product tankers into the company’s...
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Castor Maritime posts strong profits in strong market

Castor Maritime Inc. posted $6.5 Million net profit for the Three Months Ended June 30, 2021 and $7.6 Million net profit for the Six...
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Iran denies role in tanker attack

Iran on Saturday rejected as psychological warfare accusations that it was behind a deadly attack on a tanker off Oman’s coast, and said Tehran...
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Wisdom Marine To Purchase Four New Handysize Vessels

Wisdom Marine Lines CO’s board of directors has approved a proposal to purchase four handysize dry bulk carrier vessels to meet rising cargo demand....
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Maersk continues shopping spree after strong earnings

Maersk announced the acquisition of two e-commerce companies on Friday as the world’s biggest container shipping line boosts its bet on land-based services. Maersk...
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Gibson Weekly Tanker Market Report [W31]

Concerns over growing inflationary pressure across the global economy have been gaining ground. This was reinforced in the recent July edition of the IMF’s...
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Marios Iliopoulos: “Rapid transport of firefighters to Rhodes proved we are and will always be firmly on the side of the Aegean Islands”

Seajets responded immediately to the request of the General Secretariat of Civil Protection and the Deputy Ministry of Civil Protection & Crisis Management to...
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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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