Concordia Maritime AB (publ) (“Concordia Maritime”) has entered into an agreement for the sale of the product tankers Stena Premium and Stena Progress. The sale will generate a liquidity supplement of approx. MSEK 100. Stena Progress (65,200 dwt) was built 2009 and...

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We return with the latest update on the Xeneta and Marine Benchmark Carbon Emissions Index (CEI) results. Our focus this time is on the trade route between the Far East and North Europe, which achieved a record CEI score of 88.4. CMA CGM stood out as the best...

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A Ukrainian sea drone full of explosives struck a Russian fuel tanker overnight near a bridge linking Russia to annexed Crimea, the second such attack in 24 hours, both sides said on Saturday. No one was hurt, but the Crimean Bridge and ferry transport were suspended...

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SAAM [SM SAAM] reports net income of US$33.5 million for first half of 2023. Sales totaled US$449.2 million (+10%) and consolidated EBITDA US$136.2 million (-2%). “The towage division has continued to grow, thanks to increased activity and newly consolidated...

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Ukraine has announced a war risk area in the waters of Russian ports on the Black Sea. This follows from the Coastal Warning of the state-owned institution Derzhhydrographiya. 041450 UTC AUG 23 UKRAINE COASTAL WARNING 118/23 ODESA-NAVTEX BLACK SEA NORTH-EASTERN PART...

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