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Tuesday, March 19, 2024

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Baltic index hits over 3-month high on firm demand across vessel segments

The Baltic Exchange’s dry bulk sea freight hit a more than three-month high on...

Pyxis Tankers reports “solid results” in Q4

Pyxis Tankers, an international shipping company, announced unaudited results for the three months and...

Equinor: 2000 jobs maintained through 4-year drilling contracts

Equinor, on behalf of the partners, is exercising two options to extend contracts with...

Subsea7 awarded contract offshore Mexico

Subsea7 announced the award of a large(1) contract by Woodside Energy to provide subsea...

Container rates drop to unsustainable levels, Maersk CEO says

The global container shipping market faces overcapacity in the coming years and the rates...

Iron ore eases further as China demand concern lingers

Iron ore futures prices languished on Thursday, with lingering concerns over demand in top...
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Pyxis Tankers reports “solid results” in Q4

Pyxis Tankers, an international shipping company, announced unaudited results for the three months and year ended December 31, 2023. For the three months ended December...

Hapag-Lloyd publishes 2023 annual report and announces forecast for the current financial year

Hapag-Lloyd published its annual report for 2023. As expected, a significant decrease in earnings was recorded. According to the report, the Group EBITDA stood...

ZIM posts loss in fourth quarter

ZIM Integrated Shipping Services Ltd., a global container liner shipping company, announced today its consolidated results for the three and twelve months ended December...

Overseas Shipholding Group Reports Fourth Quarter and Full Year 2023 Results

Overseas Shipholding Group, a leading provider of liquid bulk transportation services in the energy industry for crude oil and petroleum products in the U.S....

Grindrod secures up to $113m in debt refinancing with Nordea

On March 1, 2024, a wholly owned subsidiary of Grindrod Shipping Holdings Ltd., Grindrod Shipping Pte. Ltd., entered into a US$83.0 million reducing revolving...

Baltic index hits over 3-month high on firm demand across vessel segments

The Baltic Exchange’s dry bulk sea freight hit a more than three-month high on...

Container rates drop to unsustainable levels, Maersk CEO says

The global container shipping market faces overcapacity in the coming years and the rates...

Baltic index slips as capesize losses outweigh panamax gains

The Baltic Exchange’s main sea freight index declined on Thursday, as a fall in...

Global cruise leaders meet in Europe as the industry calls for action to increase...

· Cruise Lines International Association (CLIA) issued the call for action at its European...

Celestyal revamps specialty dining

Celestyal has updated the specialty restaurant menus on its two-ship fleet. The news comes...

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...

PPA S.A.: Welcoming event for the new cruise ship Sun Princess at the port of Piraeus

PPA S.A. and Princess Cruises, one of the world's largest cruise companies, held a special event at the port of Piraeus to celebrate the...

Port of Savannah posts record numbers February

The Georgia Ports Authority handled 451,670 twenty-foot equivalent container units in February, for an increase of 56,880 TEUs or 14.4 percent compared to the...

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...

PPA S.A.: Successful completion of the European project CIPORT in Brussels

The concluding event for the European project "CIPORT-Cold Ironing in the Port of Piraeus – Taking the final step" took place at the Berlaymont,...