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Wednesday, March 19, 2025
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EuroDry to Acquire M/V Ruby Asia II, a 2014- Built Ultramax Bulker

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it has agreed to acquire M/V...
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Capital Gas Ship Management Takes Delivery of LNG Carrier ‘Adamastos’

Capital Gas Ship Management Corp. has taken successful delivery of the newbuilding LNG Carrier ‘Adamastos’, built by Hyundai Heavy Industries, S.Korea. With cargo capacity...
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Havila Shipping: Contract extensions with Nexans for Havila Phoenix

Havila Shipping has entered into a contract extension with Nexans for Havila Phoenix for a period of 100 days, with further options for 40...
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Transocean and Dolphin Drilling make new bid for Seadrill

Offshore drilling rig contractors Transocean Ltd and Dolphin Drilling have made a new offer to buy the assets of stricken rival Seadrill Ltd ,...
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BIMCO – Chinese iron ore imports fall to 14-month low in July

Chines iron ore imports fell to 88.5 million tonnes in July, the lowest level since May 2020. The fall in July means that accumulated...
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Avance Gas profit down in Q2; solid export levels from the U.S.

Avance Gas Holding Ltd released financial results for the second quarter 2021:
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Grindrod Shipping delivers strong results

Grindrod Shipping, a global provider of maritime transportation services predominantly in the drybulk sector, announced its earnings results for the three months ended March...
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Lars Barstad confirmed as Frontline CEO

The Board of Frontline announced the appointment of Mr. Lars H. Barstad as the Chief Executive Officer of Frontline Management AS with effect from...
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Maersk Drilling secures nine-month contract to reactivate Mærsk Innovator

Maersk Drilling has been awarded a contract with Harbour Energy for the jack-up rig Mærsk Innovator to drill three subsea development wells in Block...
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Dorian LPG Announces Sale of VLGC “Captain Markos NL”

Dorian LPG, a leading owner and operator of modern and ECO very large gas carriers, announced that it entered into an agreement to sell...
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Evergreen Marine reports record revenue in 2024

Evergreen Marine Corporation announced its financial results for the full year ended December 31, 2024. The company reported sales of TWD 463,567.9 million, up from...

United Maritime achieves “significant progress” in 2024

United Maritime Corporation, announced its financial results for the fourth quarter and twelve months ended December 31, 2024. The Company also declared a quarterly...

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...

IMO to develop global strategy for maritime digitalization

The International Maritime Organization (IMO) is taking action to create a comprehensive strategy that...

MOL charters two more VLEC newbuilds to SCG

Mitsui O.S.K. Lines announced that on March 17, its group Company MOL Energia Pte....

Baltic Index down on lower capesize rates

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

Celestyal marks 10-year anniversary with exclusive two-for-one offer

· Celestyal marked 10-year anniversary on March 13, 2025 · Two-for-one offer available on 88...

ICS and CMI launch updated campaign Promoting Maritime Treaty Ratification

The International Chamber of Shipping and the Comité Maritime International launch an updated campaign...

Greek ports record 5.6% passenger traffic increase in Q3

The total passenger traffic in Greek ports increased by 5.6% in the third quarter of 2024 compared to the third quarter of 2023, while...

DP World and Maersk sign long-term agreement to expand maritime services in Brazil

DP World, a global leader in logistics and supply chain solutions, has signed a long-term strategic agreement with Maersk, one of the world’s leading...

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...

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