Yearly Archives: 2023

A 737 Boards A CMA CGM Container Ship

Planes on ships are not a new thing, however, a Boeing 737 on a container vessel is not seen too often. Especially not when...

Diana Shipping Reports Q3 Financial Results, Declares Stock Dividend

Diana Shipping Inc. has reported net income of $7.4 million and net income attributed to common stockholders of $5.9 million for the third quarter...

Disney’s Port Everglades Debut: $100M Economic Surg

Disney Cruise Line will begin another journey into South Florida for Port Everglade, the second busy port in South Florida. Starting in Fort Lauderdale...

Easterly’s Maritime Investment Company Acquires Two Additional Chemical Tankers

Easterly Asset Management’s ("Easterly") Maritime Logistics Equity Partners ("MLEP") today announced the launch of its third chemical tanker investment tranche with the acquisition of...

Sanmar Shipping Plans To Have 20 Ships in The Next Few Years

Sanmar Shipping Ltd., (SSL), a part of Chemplast Sanmar, has drawn up plans to strengthen its fleet by adding eight more ships taking the...

Cargo Volume Up 15% At Port Of Long Beach

Cargo moving through the Port of Long Beach in October rose for a second consecutive month amid preparations for the upcoming holiday shopping season...

Viasea Banks $15m To Build Hydrogen-Fuelled Container Ships

Norwegian shipowner Viasea Shipping plans to add low-emissions ships to the company fleet, reads an official release. Low-emissions ships Viasea Shipping is building two hydrogen-powered container...

Singapore Fuel Oil Inventories Fall To 6-Month Low

Residual fuel oil stockpiles at key trading hub Singapore fell for a third consecutive week to a six-month low, reports Yahoo Finance. Onshore fuel oil...

Sustainable Downward Trend Prevails In Global Bunker Market

On November 16, the MABUX World Bunker Index, calculated based on current prices for 380 HSFO, VLSFO, and MGO, shifted back to a downward...

Castro Maritime Inc.’s Fleet Sale And Business Outlook

Castor Maritime Inc. completed the sale of the M/V Magic Sun, a 2001-built Panamax bulk carrier vessel, for $6.55 million, expecting a net gain...
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