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Navios Maritime Holdings Inc. Provides Important Reminder for All Holders of Series G and Series H American Depositary Shares: Early Tender Deadline to Receive $5.75 in Cash is May 21, 2024, 5:00 P.M.

Navios Maritime Holdings Inc provided a reminder of its previously announced tender offer to purchase any and all outstanding Series G and Series H American Depositary Shares (the “Series G ADSs” and the “Series H ADSs”, together the “ADSs”) for cash pursuant to the...

Baltic index steady as gains in capesize offset lower rates for smaller vessels

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, was mostly unchanged on Monday as gains in capsize countered weakness in smaller vessel segments. The overall index .BADI, which factors in rates for capesize,...

Strong Southern Hemisphere harvests drive reefer shipping growth

After a tumultuous year in 2023, the reefer sector has started 2024 on a stronger footing as healthy crops in the Southern Hemisphere have helped to lift growth. This trend is set to continue across 2024 as a whole, with a return to growth forecast for the sector...

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 vessel technology for net zero in Europe to expand its presence in the region’s carbon-neutral ship market. Samsung held a technology seminar on...

Marine bunker sales at UAE’s Fujairah hit two-month low in April

Marine bunker fuel sales at the United Arab Emirates’ Fujairah port hit a two-month low in April, although they were higher than the same month last year, latest data showed. Bunker sales at the world’s third-largest hub, excluding lubricants, totalled 638,960 cubic...

MOL and TotalEnergies Sign Time Charter Contracts for 2 Newbuilding LPG-fueled LPG Carriers

Mitsui O.S.K. Lines, Ltd. announced that through its group company MOL Energia Pte. Ltd. (President: Miki Ogura; Head Office: Singapore), it signed a time charter contract for two Liquefied Petroleum Gas (LPG) dual-fuel very large gas carriers (VLGCs) with a...

Navios Maritime Holdings Inc. Provides Important Reminder for All Holders of Series G and Series H American Depositary Shares: Early Tender Deadline to Receive $5.75 in Cash is May 21, 2024, 5:00 P.M.

Baltic index steady as gains in capesize offset lower rates for smaller vessels

Strong Southern Hemisphere harvests drive reefer shipping growth

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

Marine bunker sales at UAE’s Fujairah hit two-month low in April

MOL and TotalEnergies Sign Time Charter Contracts for 2 Newbuilding LPG-fueled LPG Carriers

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