Leading Energy Company Makes Organisational Changes for Climate Goals
Japan’s oil and gas producer Inpex has reported a series of organisational, executive officer, and personnel changes, with the aim to advance towards its carbon-neutral goals, reports Offshore Energy.
About Inpex and the changes
Inpex is Japan’s...
Pangaea Linked To Borealis Bulker Acquisition
According to brokers, US-based dry bulk owner Pangaea Logistics Solutions has added to its fleet of bulkers, reports Splash 247.
Vessel details
Pangaea is said to have handed over $19.9m to Borealis Finance for 2009-built panamax...
Diana Shipping Inc. Announces Time Charter With C Transport
Diana Shipping Inc. (NYSE: DSX), (the “Company”), through a separate wholly-owned subsidiary, has entered into a time charter contract with C Transport Maritime Ltd., Bermuda, for one of its Capesize dry bulk vessels, the...
The Threat Behind Europe’s Economic Recovery
The Purchasing Managers' Index from IHS Markit, a key gauge of the economy, rose in November after slipping to a six-month low in October, according to data released Tuesday.
But expectations for the...
Baltic Index Reels Under Weak Capesize Rates, Down 61 Points
The Baltic Exchange’s dry bulk sea freight index snapped four straight sessions of gains on Wednesday, reports Yahoo Finance.
The gain snap
The Baltic Exchange’s dry bulk sea freight index snapped four straight sessions of gains...
All About Coronavirus Right Now
Reuters, in its latest news article published detains on what we need to know about the coronavirus right now around the world.
Europe
Europe rethinks booster shot policy as cases hit records
Coronavirus infections broke records...
Rising Revenues Push Zim To Eye More Routes Except One Route
Israeli shipping company Zim reported a year-on-year trebling of third-quarter revenues as its average rate per teu soared and volumes grew 16%.
The Nasdaq-listed line posted an adjusted ebitda for Q3 of $2.08bn,...
Governments To Decide On USD5 Billion R&D Fund To Support Decarbonisation
One week after Glasgow, 174 governments will meet this week at the International Maritime Organization (IMO) in London.
It will address the pressing carbon emission reduction challenges facing international shipping.
Industry is calling...
Oil Release from Strategic Reserves Questioned, As Oil Price Steadies
Oil prices were largely steady on Wednesday as investors questioned the effectiveness of a U.S.-led release of oil from strategic reserves and turned their focus to how producers will respond.
Brent crude settled...
Recent Surge In Boxship Rates Moves China To the Top Spot
China has become the world’s top shipowning nation by fleet value, displacing longtime leader Japan, according to consultancy VesselsValue.
Japan, which has fallen to second position, owns a total of $187 billion in assets...