Baltic Exchange's main sea freight index, was dragged lower by a drop in earnings of the larger capsize segment, reports YahooFinance.
Drop in earnings
Baltic Exchange's main sea freight index , which tracks rates for ships carrying dry bulk commodities,...
Norway’s shipowner Ocean Yield ASA has decided to acquire 49.9% equity interest in one dual-fuel newbuilding container vessel, says a press release published on their website.The 15,300 TEU ship is under construction at Hyundai Heavy Industries in Korea...
Retrofitting gas pipelines key for blue hydrogen.
Energy companies to lift hydrogen investments by 2025.
Clear policies, frameworks lift investments.A Platts news source by James Burgess says that Infrastructure biggest hurdle to hydrogen economy as investments gather pace,...
Wan Hai Lines continued to invest heavily in ordering and expanding, adding 12 3055TEU container ships to Japanese shipyards, reports Xinde Marine News.In the first half of the year, it has spent nearly US$2.6 billion on ordering 37 ships...
Mr Emanuele Grimaldi, Managing Director of the Grimaldi Group, long serving ICS Board member and immediate Vice Chairman, was named as ICS Chair – Designate.
He has been appointed at this position following a decision by the ICS...
Ocean Yield ASA ("Ocean Yield") has entered into an agreement with Aker Capital AS ("Aker") whereby Ocean Yield will acquire from Aker 50% of three Suezmax tankers currently owned 50/50 by Aker and Ocean Yield says a press release...
HMM has signed newbuilding contracts with DSME and Hyundai Heavy Industries(HHI) for twelve 13,000 TEU container vessels, at a total cost of $1.57bn, says an article published in Splash 247.
About the newbuilding contract
South Korean flagship HMM has signed newbuilding...
Norwegian owner Belships secured time charter contracts for four of its Ultramax bulkers, adding value to the company’s long-term earnings expectations, says a press release published on their website.
About time charter contract
The Oslo-listed firm has fixed three of its...
President Moon Jae-in on Tuesday pledged full support for the nation’s shipping industry.
He wants to bolster its competitiveness in the global market and to regain its leadership position by 2030.A Korean Herald news source by Lee Ji-yoon...
IFSCA has set up committee to develop avenues for ship financing, leasing.
The panel, to be chaired by Vandana Aggarwal, former Sr Economic Advisor, Govt of India will include representatives from GOI, Gujarat Maritime Board and industry experts.The...
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