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Sunday, May 19, 2024

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Houthis strike M/T Wind in Red Sea

At approximately 1 a.m. (Sanaa time) May 18, Iranian-backed Houthis launched one anti-ship ballistic...

Seadrill enters agreement to sell its Qatar jack-up fleet and expands share repurchase program

Seadrill Limited announced that it has entered into a definitive agreement to sell three...

Houthis threaten all ships heading to Israel

All ships heading to Israeli ports will be targeted by Yemen’s Iran-backed Houthis and...

DP World boosts European trade with €130m investment in Romania

DP World has opened three major new sites in Romania, providing a significant boost...

Samsung Heavy unveils eco-friendly ships, AI tech in Europe

Samsung Heavy Industries Co., South Korea’s second-largest shipbuilder, showcased new eco-friendly ships and digital...

China iron ore imports likely at peak, demand composition to shift

China’s demand for imported iron ore has most likely peaked, but the composition of...

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Hapag-Lloyd with good start to 2024 in first quarter of year

Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million (EUR 868 million). Compared to the same quarter of...

Seadrill announces first quarter 2024 results

Seadrill Limited reported its first quarter 2024 results. Quarterly highlights Delivered operating profit of $80 million and Adjusted EBITDA(1) of $124 million on $367 million of revenue,...

Carnival rolls out SpaceX’s innovative Starlink across entire global fleet

Carnival Corporation & plc, the world's largest cruise company, announced that 100% of its ships across the global fleet are equipped with Starlink's high-speed,...

Seanergy Maritime reports record first quarter Net Income of $10.2 million

Seanergy Maritime Holdings announced its financial results for the first quarter ended March 31, 2024. The Company also declared a quarterly cash dividend of...

KCC: Successful tap issue under existing sustainability-linked senior unsecured bonds

Klaveness Combination Carriers has successfully completed a NOK 300 million sustainability-linked tap issue under the Company's existing senior unsecured bonds with maturity date 5...

Houthis strike M/T Wind in Red Sea

At approximately 1 a.m. (Sanaa time) May 18, Iranian-backed Houthis launched one anti-ship ballistic...

Houthis threaten all ships heading to Israel

All ships heading to Israeli ports will be targeted by Yemen’s Iran-backed Houthis and...

Baltic index hits near two-week low as vessel demand dips

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

Baltic index slips for 5th straight day on weaker vessel rates

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

Biden hikes U.S. tariffs on Chinese imports, including STS cranes, electric cars

U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on...

DP World boosts European trade with €130m investment in Romania

DP World has opened three major new sites in Romania, providing a significant boost to the country’s growing status as a key hub of...

Celestyal finalises agreement with Abu Dhabi and AD Ports Group

Celestyal has signed a Memorandum of Understanding with The Department of Culture and Tourism - Abu Dhabi alongside AD Ports Group. The MOU, signed...

Peru Port dispute escalates as COSCO insists on original terms

The Chinese state-owned company at the center of a dispute over operations of a megaport it is building on Peru’s Pacific coast insisted on...

China COSCO may seek arbitration over exclusivity rights to Peru mega-port

The Peruvian government is looking to avoid an international arbitration process which could be filed by Chinese port operator Cosco Shipping over a legal...

Record-breaking container throughput at the Port of Gothenburg following import surge

The container volumes at the Port of Gothenburg continue to increase from last year’s record levels. During the first quarter of 2024, more containers...

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