Performance Shipping Inc. Reports Lower 2024 Net Income

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, today reported net income of $9.7 million and net income attributable to common stockholders of $9.2 million for the fourth quarter of 2024. These results are...
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EU Ship Recycling Regulation: Evaluation and list update

EU Ship Recycling Regulation: Evaluation and list update
The European Commission on Wednesday published the results of the EU Ship Recycling Regulation evaluation. The assessment concludes that the Regulation has largely achieved its objectives and, notably, through the establishment of a dedicated European List of...
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Eidesvik Offshore Announces New Construction Support Vessel

Eidesvik Offshore announces the construction of a new state-of-the-art Construction Support Vessel (CSV) for subsea and offshore renewables operations. The vessel will be built through a strategic partnership between Eidesvik, Agalas and Reach Subsea, leveraging their...
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MABUX: Bunker Prices Could Retreat Next Week

MABUX: Bunker Prices Could Retreat Next Week
During the 08th week, the MABUX global bunker indices experienced a moderate decline. The 380 HSFO index fell by 5.60 USD, from 528.06 USD/MT to 522.46 USD/MT. The VLSFO index dropped by 3.43 USD, reaching 615.46 USD/MT compared to 618.89 USD/MT the previous week. The...
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