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Pacific Basin Says Handysize And Supramax TCE Earnings Increased 83% and 85% Respectively During 2022 Interim Results

Pacific Basin Says Handysize And Supramax TCE Earnings Increased 83% and 85% Respectively During 2022 Interim Results

Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, today announced the results of the Company...
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Container Shipping Boom Continues: Hapag-Lloyd Hikes Outlook (Again)

Container Shipping Boom Continues: Hapag-Lloyd Hikes Outlook (Again)

As great as 2021 was for container shipping lines, this year is turning out better. Germany’s Hapag-Lloyd has just raised...
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Vessels Of Ukrainian Danube Shipping Company Carrying Smaller Cargoes Due To Low Water Levels

Vessels Of Ukrainian Danube Shipping Company Carrying Smaller Cargoes Due To Low Water Levels

The middle and lower parts of the Danube River have been closed to navigation since July 25 due to a...
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GTT Reaches An Important Milestone In The Field Of Liquid Hydrogen Transport With Two Approvals In Principle From The Classification Society DNV

GTT Reaches An Important Milestone In The Field Of Liquid Hydrogen Transport With Two Approvals In Principle From The Classification Society DNV

GTT has been granted two Approvals in Principle (AIP) from the leading classification society DNV for the design of a...
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Spar Shipping AS, Fleet Management Limited And GoodFuels Successfully Complete Biofuel-Powered Trial Voyage

Spar Shipping AS, Fleet Management Limited And GoodFuels Successfully Complete Biofuel-Powered Trial Voyage

Long-term dry bulk tonnage provider Spar Shipping AS, ship management leader Fleet Management Limited and global biofuels supplier GoodFuels have...
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UAE’s Fujairah Port Stops Bunkering After Floods: Traders

UAE’s Fujairah Port Stops Bunkering After Floods: Traders

Fueling for ships at the UAE’s Port of Fujairah, the world’s third largest bunkering hub, was stopped due to flooding,...
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V.Group Welcomes Three New LNG Dual Fuel VLCCs

V.Group Welcomes Three New LNG Dual Fuel VLCCs

Global Ship Management Company V.Group has won the contract to manage three lng dual fuel vlccs for long term partner...
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Container Ship Backlog Grows Again At The Port Of Savannah

Container Ship Backlog Grows Again At The Port Of Savannah

A backup of container ships off one of the U.S. East Coast’s busiest ports has swelled to 40 vessels, reviving...
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Diana Shipping Inc. Reports Second Quarter Net Income of $35.6 Million

Diana Shipping Inc. Reports Second Quarter Net Income of $35.6 Million

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported...
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Smart Green Shipping Announces £5m Investment Into FastRig Wing Sail Technology

Smart Green Shipping Announces £5m Investment Into FastRig Wing Sail Technology

Smart Green Shipping (SGS) has today launched a £5m research and development project for its fully automated FastRigs wing sail...
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Taylor Maritime Investments Limited Rides Wave of Favourable Market Fundamentals

Taylor Maritime Investments Limited Rides Wave of Favourable Market Fundamentals

Taylor Maritime Investments Limited, the specialist dry bulk shipping company, announced that as at 30 June 2022 its unaudited NAV...
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MABUX: Bunker Prices Expected To Keep Falling Next Week

MABUX: Bunker Prices Expected To Keep Falling Next Week

Over the Week 30 MABUX global bunker indices continued firm downward trend. The 380 HSFO index went down by another...
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LNG Spot Market Boosts GasLog Partners Financial Results For The Second Quarter

LNG Spot Market Boosts GasLog Partners Financial Results For The Second Quarter

Rechartered the Methane Rita Andrea, a steam turbine propulsion (“Steam”) LNG carrier, with an energy major for one year and...
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Surging Global Oil And Gas Demand To Boost Subsea Production, Predicts GlobalData

Surging Global Oil And Gas Demand To Boost Subsea Production, Predicts GlobalData

Subsea technology has been witnessing a substantial growth lately. Rising global oil and gas demand and supply disruption from the...
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Eurozone Economy Will Tip Into Recession This Year, Goldman Forecasts, As JPMorgan Also Makes Recession Call

Eurozone Economy Will Tip Into Recession This Year, Goldman Forecasts, As JPMorgan Also Makes Recession Call

Goldman Sachs is now forecasting a eurozone recession this year, not just on concerns about Russia turning off the natural-gas...
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Dalian Iron Ore Extends Rally As China Industrial Profits Rebound

Dalian Iron Ore Extends Rally As China Industrial Profits Rebound

Dalian iron ore futures rose on Wednesday after data showed profits at industrial firms in China, the world’s top steel...
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Konecranes Plc: Strong Order Intake Continued In A Challenging Environment

Konecranes Plc: Strong Order Intake Continued In A Challenging Environment

Since the beginning of June, Service and Industrial Equipment have been focused under the same leadership. Following this change, Konecranes...
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Traffic Surge At ports A Sign Of India’s Economic Revival

Traffic Surge At ports A Sign Of India’s Economic Revival

Buoyed by higher demand for crude oil and imported coal, Indian ports recorded a growth of 11 per cent in...
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The Financing And Bankability Of Offshore Wind Vessels

The Financing And Bankability Of Offshore Wind Vessels

INTRODUCTION“Many of the basic principles that apply to all maritime asset classes will apply to the offshore wind sector.”In our...
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International Maritime Industries And Hyundai Heavy Industries Expand Shipbuilding Partnership

International Maritime Industries And Hyundai Heavy Industries Expand Shipbuilding Partnership

International Maritime Industries (IMI), the largest shipyard in the MENA region, has expanded its partnership with Hyundai Heavy Industries (HHI)...
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