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Thursday, March 28, 2024
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Successful sale of Bolloré Logistics to CMA CGM

The Bolloré Group and the CMA CGM Group announce the completion of the sale of 100 % of Bolloré Logistics to CMA CGM, it...

Major investment implemented by Piraeus Port Authority

The inauguration ceremony for the project “Completion of the Expansion of RoRo - Heracleous Port” took place at the Car Terminal of PPA S.A. It...

HD Hyundai secures $366 million ammonia carrier order

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) bagged a 491.1 billion won ($366 million) order to build three very large ammonia carriers (VLACs)...

Bahri to time-charter Stena Provident & Stena Progressive in agreement with Proman

Proman, the world’s second largest methanol producer, and Bahri, a global leader in logistics and transportation, have announced a five-year agreement for Bahri Chemicals,...

Toro Announces Sale of M/T Wonder Sirius

Toro, an international energy transportation services company, announced that on January 8, 2024, the Company entered into an agreement with an unaffiliated third-party for...

Diana Shipping: Time Charter Contract for m/v DSI Aquarius

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Stone Shipping Ltd, for one of...

Scorpio Tankers: Agreement to Sell MR Product Tanker; Exercise of Purchase Options on 5 Ships

Scorpio Tankers announced that it has entered into an agreement to sell an MR product tanker, and has exercised the purchase options on five...

Dynacom linked to LR1 newbuilding orders in China

George Procopiou-led Dynacom has reportedly placed an order to build six 75,000-dwt LR1 tanker vessels at New Times Shipbuilding. Moreover, it is reported that Dynacom...

Safe Bulkers: Acquisition of One Japanese Kamsarmax Class Dry-bulk Vessel

Safe Bulkers announced that it has entered into an agreement for the acquisition of a Japanese, 82,000 dwt, dry-bulk, Kamsarmax class vessel with a...

TORM Announces Pricing of USD 200m Senior Unsecured Bond

TORM has successfully priced USD 200m of senior unsecured bonds due 25 January 2029. The Bonds will carry a fixed coupon of 8.25%, payable semi-annually....

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Carnival rides on record cruise demand to lift annual profit forecast

Carnival Corp opens raised its annual profit forecast on Wednesday, anticipating a record year of bookings as the company benefits from a rise in...

TEN Beats Revenue Estimates In Q4

Tsakos Energy Navigation reported fourth-quarter FY23 Voyage revenue of $220.2 million, down from $270.3 million in the prior year quarter but above the consensus...

Euronav Announces Dividend Proposal And Further Fleet Optimisation And Growth

Euronav NV announces its dividend proposal at the Annual Shareholders’ Meeting and further fleet optimisation with the sale of three VLCCs, the delivery of...

BW Group Contemplating Block Sale of Shares in Hafnia

BW Group Limited has retained DNB Markets, part of DNB Bank ASA, Fearnley Securities AS, and Pareto Securities AS as Joint Global Coordinators and...

Euronav to Exit Belgium’s Blue-Chip Index Two Days After Joining

Tanker company Euronav will exit Belgium’s blue-chip Bel-20 index after just two days of trading, as it no longer meets the membership conditions after...

Cruise Division of MSC Group Further Strengthens Greece Offering

MSC Cruises and Explora Journeys to make over 400 calls to Greek ports in...

Houthis could partner with Iran, Somali pirates on Indian Ocean attacks

Yemen-based Houthi militants could keep the promise to extend their attacks to merchant ships...

Baltic index slides for seventh straight session

The Baltic Exchange’s main dry bulk sea freight index on Wednesday fell for the...

Shipping traffic freezes up in port waters after Baltimore bridge collapse

Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while...

Baltic index hits near one-month low as rates drop for all segments

The Baltic Exchange’s main sea freight index dropped to a one-month low on Tuesday,...

Adani acquires 95% stake in Gopalpur Port

APSEZ has entered into a definitive agreement to acquire Gopalpur Port Limited (GPL) at an enterprise value of INR 3,080 crore Gopalpur is a road-rail...

Shipping traffic freezes up in port waters after Baltimore bridge collapse

Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while vessels were stranded inside the port after traffic was halted...

MSC completes agreement for Clasquin

MSC Mediterranean Shipping Company, through its subsidiary SAS Shipping Agencies Services Sàrl, has announced an agreement to acquire a 42.06% stake in Clasquin, a...

Port Hedland Iron Ore Exports Steady in February 2024

Pilbara Ports delivered a total monthly throughput of 52.7 million tonnes (Mt) for February 2024. This throughput was a four per cent decrease compared to...

Successful transportation of electric busses through Port of Piraeus

A total of 140 Yutong electric busses were successfully transported, reaching the Port of Piraeus and efficiently unloaded at the car terminal station for...