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ONE is working with Google Cloud to advance its digital transformation and data cloud strategy. ONE will drive scalability of mission-critical SAP systems, accelerate data-led innovation and enhance employee productivity.Ocean Network Express (ONE), which owns the sixth largest...
Driven by strong cash generation, oil major Shell will be increasing its returns to shareholders through share buybacks or dividends. Shell said it will move to the next phase of its capital allocation framework and, subject to final...
The impact of the Covid-19 pandemic and a slump in shipbuilding contracting resulted in Wartsila’s marine businesses. As a result, there is a 23% decline in new orders in 2020 across the three business segments it operates in. ...
Diana Shipping Inc., in their press release, has reported a net income of $2.8 million and net income attributed to common stockholders of $1.4 million for the second quarter of 2021.This compares to a net loss of $10.8 million...
Diana Shipping Inc (NYSE:DSX) has entered into a time charter contract with Olam International Limited, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore, reads a press release. Gross charter rate is $56,000/day The gross charter rate is...
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.The index is reported every Friday (except Chinese holidays) at 1600 (Beijing).Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping...
As the diesel prices hike, Product tanker owners Ardmore, INSW, Scorpio see scramble for diesel supplies. The world-wide diesel market seems tight due to the ongoing Russia-Ukraine conflicts. Product Tankers are in a benefit of localized diesel shortages...
China Shipbuilding Trading undertook a new project to build 2+2 210,000DWT bulk carriers. It is done for a well-known European ship owner, jointly with Qingdao Beihai Shipbuilding Heavy Industry.On July 23, China Shipbuilding Trading, successfully undertook a new...
Taylor Maritime Investments to Raise $75 Mln to Fund Fleet Expansion says a Market Watch news article written by Matteo Castia.The dry-bulk shipping company The dry-bulk shipping company said it will issue new ordinary shares at a price of $1.15....
GasLog Partners LP announced a new time charter agreement for the Methane Heather Sally with a wholly-owned subsidiary of Cheniere Energy, Inc. (“Cheniere”), says a press release published on their website.The time charter The charter began last week and has...
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