PIL’s Retail Investors Voting for Reconstruction Plan
Creditors of distressed Singapore shipping firm Pacific International Lines (PIL) were to have voted on Feb. 1 on a restructuring deal that involved a...
Weekly Tanker Report – Week 4, 2021
The Baltic Briefing has issued the tanker report for the 4th week of this year. The report dated 29th January 2021 provides a valuable...
Castor Maritime Inc. Announces Its $15.85m Purchase Deal
Castor Maritime Inc., announces the purchase of a 2010 Japan-built Kamsarmax dry bulk carrier for a price of $15.85 million, says a press release...
Ningbo Containerised Freight Index
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.
Weekly composite index covering 20ft, 40ft and Hi Cube box...
Euronav Switches To Suezmax Resales
Euronav has switched its buying focus from VLCCs to suezmaxes, writes Sam Chambers for Splash247.
Euronav swoops for resales
Clarksons Research reports that the Belgian tanker...
Investors Want Seafarers’ COVID Crisis To End
A group of leading investors on Wednesday called for an end to a crisis involving hundreds of thousands of seafarers stuck on ships for...
Shipping Corporation Debts, Should Shareholders Be Worried About
The Shipping Corporation of India Limited (NSE:SCI) does have debt on its balance sheet. But should shareholders be worried about its use of debt?
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CMES Reports $18.8m Estimated Total Loss
China Merchants Energy Transportation (CMES) reported an estimated total loss of RMB121.6m ($18.8m) across 14 bulkers it has chartered in, reports Splash 247.
About the...
Shipping NGOs Cooperation Towards ‘Blue Growth’
Two non-governmental organisations active in the Cyprus maritime sector have agreed to cooperate for the ‘blue economy’, in innovation, education, training, engaging with society,...
Hapag-Lloyd At The Top End of Its Revised Earnings Forecast
Hapag-Lloyd’s preliminary results for 2020, of an ebit of $1.5bn, are at the top end of its revised earnings forecast, says an article published...
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