Eidesvik Offshore appoints new CFO
Eidesvik Offshore appointed Lars Tufteland Engelsen as Chief Financial Officer. Engelsen joined Eidesvik in 2018 and has held the position as VP Finance since 2022, with two periods as the Company’s...
View ArticleBaltic index steady as firmer panamax rates offset dip in capesize, supramax
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, was little changed on Monday, as higher panamax vessel rates offset weaker capesize and...
View ArticleIron ore recovers as China stimulus bets outweigh shaky economic outlook
Iron ore futures rebounded on Monday, ending a two-session decline, as hopes of further Chinese stimulus overshadowed the top consumer’s uncertain economic prospects. The most-traded January iron ore...
View ArticleONE and NZPG collaborate on shore power innovation in China
Ocean Network Express and Ningbo Zhoushan Port Group held a symposium on December 6th to share best practices and explore innovative approaches to shore power utilization. The event highlighted ONE’s...
View ArticleShipbrokers Intermodal & Golden Destiny to merge
Intermodal Shipbrokers and Golden Destiny, two major Greek shipbroking firms, have announced they are joining forces. Intermodal and Golden Destiny focus on sale and purchase activities, while the...
View ArticleAvance Gas successfully completed the ninth VLGC delivery to BW LPG
Avance Gas Holding refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet to BW LPG Ltd for $1,050 million. Avance Gas announced the ninth VLGC delivery, the 2015-built...
View ArticleCelestyal celebrates maiden calls to Khasab, Sir Bani Yas Island and Abu Dhabi
Celestyal has marked its first ever visits to Khasab (Oman), Sir Bani Yas Island (UAE) and Abu Dhabi (UAE) with plaque exchange ceremonies. The maiden calls took place as part of the cruise line’s...
View ArticleBaltic index hits 15-month low on weaker vessel rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to 15-month low on Tuesday, dragged down by losses across all vessel segments. The...
View ArticleDalian iron ore jumps to two-month high on China stimulus vows
Dalian iron ore futures prices surged to their highest in two months on Tuesday after Beijing eased its monetary policy stance for the first time in over a decade, spurring bets of further stimulus to...
View ArticleBorr Drilling announces new contract commitment
Borr Drilling Limited announced a new contract commitment for its premium jack-up rig “Norve” with a repeat customer in West Africa. This work is in direct continuation of the Marathon Oil contract...
View ArticleDP WORLD launches world’s first container port carbon inset programme
DP World is trialling an innovative carbon reduction programme at its UK logistics hubs, London Gateway and Southampton, aimed at helping cargo importers cut their emissions. Starting on 1 January...
View Articlebp and JERA joining forces to create top-tier global offshore wind joint venture
bp and JERA agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture that will become one of the largest global offshore wind developers, owners and...
View ArticleMilaha and ASSC sign long-term charter agreement for eco-friendly container...
Qatar Navigation Q.P.S.C, a leading provider of maritime and logistics solutions announced the signing of a long-term charter agreement with the Asian Spirit Steamship Company GmbH & Cie.Kg...
View ArticlePetredec announces sale of majority stake in Carib LPG
Petredec Holdings announced the sale of its 60 per cent stake in Carib LPG Holdings, a leading LPG logistics and trading company incorporated in the British Virgin Islands, to an investor group led by...
View ArticleCelestyal hails ‘magical’ debut in Dubai
Celestyal has marked its maiden call in Dubai with a dhow escort, a plaque exchange ceremony and a star-studded party. The event, which took place on December 9, saw a number of dhows – a traditional...
View ArticleBaltic index extends losses on weaker vessel rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended losses to a 15-month low on Wednesday, dragged down by losses across all vessel...
View ArticleDalian iron ore retreats as softer seasonal steel outlook offsets China...
Dalian iron ore futures lost ground on Wednesday, retreating from a two-month high in the previous session as prospects of weaker seasonal steel demand outweighed bets on further stimulus from top...
View ArticleFuelEU Maritime: How Baltic Exchange is helping shipowners understand the...
From 1 January 2025, voyages that include port calls in the European Union will have to account for the new FuelEU Maritime regulation. This new regulation is designed to accelerate the uptake of...
View ArticleOdfjell SE exercises purchase options for super-segregator vessels and...
Odfjell has now exercised purchase options for an additional four vessels currently on long-term lease to the company. With these agreements, Odfjell is set to purchase a total of seven chemical...
View ArticleTUI reports strong earnings growth from cruise business
The German travel giant TUI Group reported earnings growth from its cruise business. TUIThe post TUI reports strong earnings growth from cruise business appeared first on Shipping Herald.
View Article