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Monday, March 17, 2025
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Opinion

Multipurpose Time Charter Index Up to $10,575/day in December

The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement...
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Multipurpose Time Charter Index Up to $10,487 per day in Nov

The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement...
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Top 10 container shipping lines on track for $115-120 billion 2021 profit: Alphaliner

The 10 leading publicly listed container shipping lines are on track to earn a record $115 billion to $120 billion in profit in 2021,...
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Asia’s dry bulk pounded by easing congestion, falling commodity prices

After a robust bull run which started in April 2021, dry bulk freight rates across vessel segments have fallen steeply on the back of...
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Drewry: Maritime Financial Insight

In 3Q21 and early October, container shipping stocks saw a sell-off triggered by the risk of worsening container ship demand largely due to power...
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BIMCO: US soya bean inspections nearly double w-o-w

After a slow start to the US soya bean export season, partly due to disruption from Hurricane Ida, US soya bean inspections ahead of...
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Iron ore spot freight rates spike 163% to lift capesize earnings

As the average length of the journey increases, partly due to port congestions in China, soaking up capacity and pushing up spot rates, shipowners...
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Record volumes push US container ports up in global rankings: Alphaliner

The busiest US container ports are moving up the global rankings amid record import volumes, but the deluge of cargoes continues to exceed capacity...
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Strong domestic demand sees US oil product imports growing

Recovering demand for US oil products has caused a 25.9% rise in US seaborne imports of oil products in the first seven months of...
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Clarksons Research: Offshore Review & Outlook

The Clarksons Research semi-annual review and outlook of the offshore and energy markets, Offshore Review and Outlook, has been released. While offshore oil and...
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Pyxis takes “optimistic view, with challenges ahead”

Pyxis Tankers, an international shipping company, today announced unaudited results for the three months and year ended December 31, 2024. For the three months ended...

DP WORLD reports record revenue of $20.0 billion and EBITDA of $5.5 billion

DP World Limited has announced financial results for the year ended 31 December 2024. On a reported basis, revenue grew by 9.7% to $20.0...

Gulf Navigation gets green light to buyout Brooge Energy assets

The Dubai shipping firm Gulf Navigation has ticked off one major milestone in its ongoing turnaround by getting shareholder approval to take over the...

OOIL sees profit nearly double in the previous year

Orient Overseas announced a profit attributable to equity holders of US$2,577.4 million for 2024, compared to a profit of US$1,367.9 million in 2023. Earnings...

Attica Group: Turnover up 27%

Attica Group announced a significant increase in its turnover, while for the first time the operations of the absorbed ANEK are integrated in the...

US vows to keep hitting Houthis until shipping attacks stop

The United States will keep attacking Yemen's Houthis until they end attacks on shipping,...

Greece: Vasilis Kikilias appointed new Shipping Minister

In government reshuffle last week, Greece’s Prime Minister Kyriacos Mitsotakis appointed Vasilis Kikilias as...

Stylianides: Cruises are a key pillar of the Greek tourism industry and economy

The Minister of Maritime Affairs and Insular Policy, Christos Stylianides, participated in the...

d’Amico delivers strong financial performance in 2024

The Board of Directors of d’Amico International Shipping S.A., a leading international marine transportation...

Baltic index at 17-week high on higher rates for all vessel segments

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

China ramps up criticism of BlackRock Ports deal

Chinese authorities increased pressure on CK Hutchison Holdings over its plan to sell its Panama ports stake by sharing a second newspaper commentary attacking...

Trade rises at Port of Long Beach in February

Trade moving through the Port of Long Beach rose for a ninth consecutive month in February as retailers continued to move goods ahead of...

Hanseatic Global Terminals acquires majority stake in terminal operator in Le Havre

Hanseatic Global Terminals successfully completed the acquisition of 60% of the shares in CNMP LH from Seafrigo Group. CNMP LH operates the Atlantique container...

DG MOVE leads security inspection Thessaloniki Port

The Port Authority of Thessaloniki S.A. was inspected by a team from the Directorate-General for Mobility and Transport of the European Commission (DG MOVE),...

BlackRock strikes deal to bring ports on both sides of Panama Canal under American control

A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium...

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