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Tuesday, June 25, 2024
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Capital Offshore linked to major PSV order

Capital Offshore has reportedly placed an order for four firm diesel-electric, DP2, 94.7-metre-long PSVs, which will be classed by Lloyd’s Register. In addition to the...

TEN Reports Profits for the First Quarter 2024

TEN reported results (unaudited) for the quarter ended March 31, 2024. Q1 2024 SUMMARY RESULTS The first quarter of 2024 has been the springboard for TEN's...

Wärtsilä propulsion solutions expected to deliver 5% fuel savings for International Seaways tankers

Technology group Wärtsilä announced it will supply its EnergoFlow and EnergoProFin propulsion solutions to four medium range (“MR”) tankers in the International Seaways (NYSE:...

Perenco acquires Golar LNG stake

Perenco has purchased a stake in Golar LNG. According to a SEC filling by Golar, Perenco’s investment affiliate Naria has taken a 9.9 percent stake. “The...

Thenamaris sells 38,100 cbm LPG carrier

Thenamaris has reportedly sold a 2018-built LPG carrier. According to sources cited by TradeWinds, the company is thought to have sold the 38,100 cbm...

Diana Shipping announces time charter contract for m/v Myrsini with Cobelfret

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary,...

Posidonia 2024 bids farewell to record number of participants, renews rendezvous for 2026

2,038 exhibitors from 81 countries present at biggest ever Posidonia Posidonia 2024 has already gone down in history as the best-attended in the biennial event’s...

Navigator Gas announces 6 million share secondary offering

Navigator Holdings revealed that BW Group Limited, a shareholder in the company, is publicly offering 6 million shares of Navigator Gas's common stock. The...

Scorpio Tankers announces agreements to sell five MR product tankers

Scorpio Tankers announced that it has entered into agreements to sell five MR product tankers (four 2012 built and one 2013 built). The 2012...

ABS issues AIP for ECOLOG’s low-pressure 40,000 m3 design for LCO2 carrier

ABS issued an approval in principle (AIP) for a low pressure, shallow-draft, low carbon footprint 40,000 cbm liquid carbon dioxide (LCO2) carrier design for...

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TEN Reports Profits for the First Quarter 2024

TEN reported results (unaudited) for the quarter ended March 31, 2024. Q1 2024 SUMMARY RESULTS The first quarter of 2024 has been the springboard for TEN's...

Scorpio Tankers announces updates on its securities repurchase program and second quarter of 2024 daily TCE revenues

Scorpio Tankers announced updates on its securities repurchase program and second quarter of 2024 daily TCE revenues. Securities Repurchase Program The Company recently repurchased 641,654 of...

V. Group embarks on new chapter of growth as consortium led by STAR Capital assumes ownership

V.Group, the global provider of mission critical services to the maritime industry, announced that a consortium led by STAR Capital including Ackermans & van...

Navigator Gas announces 6 million share secondary offering

Navigator Holdings revealed that BW Group Limited, a shareholder in the company, is publicly offering 6 million shares of Navigator Gas's common stock. The...

Vantage Drilling contemplates the listing of its shares on Euronext Growth in Oslo

Vantage Drilling International is currently exploring a possible listing of its shares on Euronext Growth Oslo, a multilateral trading facility operated by Euronext. A...

Celebrating seafarers worldwide on 25 June: International Day of the Seafarer

On the International Day of the Seafarer, IMO Secretary-General Mr. Arsenio Dominguez pays tribute...

Baltic index falls as larger vessel rates dip

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

Emanuele Grimaldi re-elected as Chairman of the International Chamber of Shipping

The International Chamber of Shipping (ICS) Board of Directors has unanimously re-elected Emanuele Grimaldi,...

Baltic index hits more than one-month high on strong capesize demand

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

Trauma from Red Sea attacks adds to seafarer shortage

When a missile fired by Yemen’s Houthi Islamists landed near his ship in the...

India approves new deep sea port to boost trade with Europe

India’s cabinet approved development on Wednesday of a new deep-water port that the government said will be a crucial part of a plan to...

DP World Romania doubles container shipping capacity in Black Sea port

DP World Romania has more than doubled its container shipping operating capacity in the Black Sea port of Constanta following investment that will also...

PPA: Two-day workshop on the preparation of the Regulation for tugboats

On May 29 and 30, 2024, PPA conducted an interactive workshop for the study and preparation of the Regulation for tugboats, following the issuance...

Zero Emission Port Alliance onboards leading organisations in container port industry

The Zero Emission Port Alliance (ZEPA) announces the onboarding of 11 organizations from the container port industry. Among the members are APM Terminals, CATL,...

Port Hedland Iron Ore Exports Up 8%

Pilbara Ports delivered a total monthly throughput of 68.8 million tonnes (Mt) for May 2024. This throughput was a 10 per cent increase compared to...