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  • info lily-shipping
    Dear Sir Good day, We have the honor to welcome shipping companies, shipping agents, Ship management companies, Recruiting agents, honorable personality and related concerns to recruit Bangladeshi seafarers. Lily Shipping Limited day by day is emerging as a giant in the country’s maritime market providing world standard seafarers for the safe and secure operation of a wide range of ships worldwide. Bangladeshi seafarers are of relatively high standards in proficiency, hardworking and able to understand various languages up to the required standards. They are well behaved, obedient, trustworthy, nonalcoholic and possess a high moral courage. They are content with reasonable wages. Crew Manning All types of crew sourcing and recruitments. Crew Welfare Our Company is quite aware about the welfare of its crews. We have the required knowledge and experience about the maritime labor laws, Maritime labor Convention MLC 2006 and international labor law (ILO) as well. We concentrate not only on the welfare of the crew members but also their family prospects and necessities. We stay close and connected with the government semen and labor welfare directorate to ensure their rights and necessities. Your kind Co-Operation will be Highly Appreciated. Thanks
    2021-06-29 09:03:17
  • PortDA
    Hi Sabashipping this is new user enquiry for my good vessel
    2021-08-05 17:06:06
  • PortDA Admin
    hello agent
    2021-08-22 19:33:51
  • PortDA Admin
    hi
    2021-08-22 20:05:59
  • PortDA
    Hi this enquiry is for Saba Shipping
    2021-08-22 20:07:12
  • PortDA
    Hi this enquiry is for Saba Shipping
    2021-08-22 20:07:34
  • PortDA Admin
    test
    2021-08-22 20:16:13
  • PortDA Admin
    2021-08-22 20:24:48
  • PortDA Admin
    test
    2021-08-22 20:28:53
  • PortDA Admin
    hello sir
    2021-08-24 15:13:48
  • PortDA Admin
    hello sir
    2021-08-24 15:16:47
  • PortDA Admin
    test msg
    2021-08-24 15:45:35
  • PortDA Admin
    hi there
    2021-08-24 15:49:37
  • PortDA Admin
    ......
    2021-08-24 15:56:07
  • PortDA Admin
    12345
    2021-08-24 16:05:58
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    12345
    2021-08-24 16:06:51
  • PortDA Admin
    retest
    2021-08-24 16:09:52
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    retest
    2021-08-24 16:10:05
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    test msg
    2021-08-24 16:12:45
  • PortDA Admin
    hello
    2021-08-24 16:16:38
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    test msg
    2021-08-24 16:20:16
  • 2021-12-13 01:02:13
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  • bab al ugsa
    I would like to know more details
    2022-04-06 13:04:56
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Recent News

Shipping Investments on Steady Pace for Both Newbuildings and Secondhand Vessels

Investments in the newbuilding and S amp 38 P markets have been largely steady over the course of the past week. In its latest weekly report, shipbroker Intermodal noted that “SnP activity remained strong for yet another week, with buyers in the tanker realm focusing mostly on the clean sector wh....

Hellenic Shipping News Published 2y-1d-19h-38m ago

EuroDry Ltd. Announces Agreement to Acquire M/V Santa Cruz, a 2005-built Panamax Bulker

EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has agreed to acquire M/V Santa Cruz, a 76,440 dwt drybulk vessel built in 2005, for $15.75 million. The vessel was controlled by an un affiliated third party a....

Hellenic Shipping News Published 2y-1d-23h-38m ago

Tanker and Dry Bulk Markets In Opposite Directions

The dry bulk and tanker market fortunes are locked in opposite directions. The tanker market seems to be in a positive momentum, while the trend in the dry bulk market seems to be downward. In its latest weekly report, shipbroker Allied Shipbroking said that “if you were to just look at the graphi....

Hellenic Shipping News Published 2y-2d-19h-38m ago

Easter Holidays Not Enough to Put the Brakes on Ship Recycling Market

The Easter Holidays haven’t been enough to put a halt in the “red hot” ship demolition market. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the recycling industry continues to surpass expectations with the recent historical firm rates showing no sign of a turnaro....

Hellenic Shipping News Published 2y-3d-19h-38m ago

TEN Ltd. Expects Higher Ton-Mile Demand from US Oil and LNG Exports to Europe, to Provide Tanker Rate Boost

TEN, Ltd. TEN reports results unaudited for the fourth quarter and the year ended December 31, 2021. FINANCIAL RESULTS FOR THE FOURTH QUARTER OF 2021 In the fourth quarter of 2021, TEN incurred a net loss of $14.9 million before taking account of non cash vessel impairment charges of $86.4 milli....

Hellenic Shipping News Published 2y-3d-19h-38m ago

ThPA S.A.: New three year Collective Labor Agreement

ThPA S.A. announces the successful completion of the constructive dialogue with the Federation of Greek Port Employees OMYLE and the final agreement for the three year period 2022 2024 Collective Labor Agreement CLA to regulate the terms of wages and working conditions of the Company amp 8217....

Hellenic Shipping News Published 2y-3d-19h-39m ago

China’s COVID-19 Outbreak Introduces New Implications for the Shipping Markets

China’s lockdowns in Shanghai is expected to have a significant impact in the global supply chains and the tanker markets, especially when seen in tandme with everything else that’s been going on in the world’s economy today. In its latest weekly repot, shipbroker Allied said that “just as i....

Hellenic Shipping News Published 2y-1w-19h-38m ago

PPA S.A. Held annual Hellenic Fund and Asset Management Association briefing

The annual briefing on the company’s 2021 yearly financial results to the Hellenic Fund and Asset Management Association was held via teleconference in the presence of PPA’s CFO, Ms. Li Jin, as well as 24 analysts and representatives of investment companies. Despite the financial impact of the p....

Hellenic Shipping News Published 2y-1w-19h-39m ago

Dynamic Newbuilding Activity Focused on Container and LNG Ships

The newbuilding market is exceeding expectations so far this year, with slots being snapped up quickly mainly for the construction of LNG and Container ships. In its latest weekly report, shipbroker Allied said that “the newbuilding market recorded a strong performance for yet another week with th....

Hellenic Shipping News Published 2y-1w-1d-19h-38m ago

Posidonia 2022 Offers Fertile Ground For Tech Startups As Digitisation Of Shipping Gains Momentum Spurred By Market Forces And Regulatory Realities

A significant number of marine industry focused tech startups from around the world will showcase their solutions and platforms during Posidonia Exhibition 2022 to be held at Athens’ Metropolitan Expo Centre from 6 10 June. Online marketplaces designed to bridge the gap between marine service supp....

Hellenic Shipping News Published 2y-1w-1d-19h-38m ago

Star Bulk Carriers Corp. Announces Replacement of Expiring Registration Statement

Star Bulk the amp 8220 Company amp 8221 has today filed a new automatic shelf registration on Form F 3 in order to replace the existing shelf registration statement which would have expired on April 11, 2022. In connection with the filing of the new registration statement, the Company has ente....

Hellenic Shipping News Published 2y-1w-1d-19h-39m ago

Safe Bulkers, Inc. Announces Agreement for the Acquisition of One Capesize Class Dry-bulk Vessel

Safe Bulkers, Inc. the Company NYSE: SB , an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of a 2012 built, Chinese, dry bulk, 181,000 dwt, Capesize class vessel, to be named MV Michalis H, with a schedu....

Hellenic Shipping News Published 2y-1w-1d-23h-38m ago

Diana Shipping Inc. Announces Time Charter Contract for m/v Philadelphia with C Transport

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter in of dry bulk vessels, today announced that, through a separate wholly owned subsidiary, it has entered into a time charter contract with C Transport Maritime Ltd., Bermuda, for one of its Newcastlemax....

Hellenic Shipping News Published 2y-1w-1d-23h-38m ago

Ship Recycling Market Expected to Quiet Down As Ramadan Started

The ship recycling market has seen quite a lot of activity of late. However, it’s bound to quiet down, as a result of the Ramadan period. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as we entered Ramadan this week, there was a subdued feeling across the sub continen....

Hellenic Shipping News Published 2y-1w-2d-19h-38m ago

Greek Maritime Golf Event: Best golf tournament in Greece

The Greek Maritime Golf Event, retains its top position, as the best golf tournament in Greece, while it is expected to gather the interest of the Greek and world maritime industry for the 8th year, on September 8 11, 2022, at Costa Navarino, Messinia. According to the most significant institution f....

Hellenic Shipping News Published 2y-1w-2d-19h-38m ago

P.P.A. S.A.: Strong Presence at Delphi Economic Forum 2022

PPA honored with a strong presence the 2022 Delphi Economic Forum, the flagship event gathering top leaders from across sectors in an effort to spark dialogue, inspire change, and transform conversation into action. PPA’s BoD Chairman Yu Zenggang attended with the Ambassador of China to Greece and....

Hellenic Shipping News Published 2y-1w-2d-19h-39m ago

Danaos Corporation Announces the Ordering of Four 7,200 TEU Containerships

Danaos Corporation, one of the world’s largest independent owners of containerships, announced today that it has placed orders for four 7,200 TEU containerships. The vessels will be built at Daehan Shipbuilding in Korea and are expected to be delivered to Danaos in the first half of 2024. The vess....

Hellenic Shipping News Published 2y-1w-3d-7h-38m ago

EU: 40 Million Tons of Coal Will Need to Be Sourced from Elsewhere After Ban on Russian Coal

With the EU ready to ban Russian coal imports, it’s worth taking a look at what this means for the seaborne coal trade in general. In its latest weekly report, shipbroker Banchero Costa said that “following a disastrous 2020, with the world hit by lockdowns and recession pretty much everywhere, ....

Hellenic Shipping News Published 2y-1w-3d-19h-38m ago

Tankers: Strategic Petroleum Reserve Release is Positive for the Tanker Market

The tanker market needs every good news it can get these days and the impending strategic petroleum reserve release seems to be a net prositive for it, even if not to the extent required to lift rates in a significant manner. In its latest weekly report, shipbroker Gibson said that “as the sanctio....

Hellenic Shipping News Published 2y-1w-4d-19h-38m ago

Edible Oil Supply Chain Under Heavy Stress

The edible oil trade’s supply chain is under heavy stress, as a result of the war in Ukraine, with prices on the rise and a subsequent food crisis on the horizon. In its latest weekly report, shipbroker Intermodal said that “the Russia Ukraine war has dealt a triple blow to sunflower oil, palm o....

Hellenic Shipping News Published 2y-1w-6d-19h-38m ago

Ship Recycling Market Favorable for More Scrappings

With tonnage supply lacking, compared to demand, ship owners looking to scrap their older vessels, should be able to take advantage of favorable market conditions. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “all markets remain stable, especially now as the rates from ....

Hellenic Shipping News Published 2y-2w-2d-19h-38m ago

Proposed Changes To The Ships Electrical System To Avoid Spread Of Fires While The E/R Hatch Cover Is Open

As most in the industry are aware, when a vessel is alongside heavy objects from the Engine Room E/R may be transported to shore through the E/R hatch by using the provision crane. For conventional Bulk Carriers and Tankers this E/R hatch is located at about amidship, between the accommodation and....

Hellenic Shipping News Published 2y-2w-2d-19h-38m ago

Neptune Maritime Leasing Joins HELMEPA

Neptune Maritime Leasing Ltd., Jersey “Neptune Leasing” , announced today, it has been accepted as an Associate Member of HELMEPA, the Hellenic Marine Environment Protection Association, a proactive, resilient, and impactful community of stakeholders committed to marine environment protection, ....

Hellenic Shipping News Published 2y-2w-3d-3h-38m ago

Russian Oil Exports: Mapping Out the Future

With talk regarding a potential ban on Russian energy imports reignited in the EU, after the recent developments, it’s worth taking a look on Russia’s crude oil export destinations. In a recent report, shipbroker Banchero Costa noted that “2021 was overall another negative year for global crud....

Hellenic Shipping News Published 2y-2w-3d-19h-38m ago

Columbia Shipmanagement’s expansion continues as it opens a new Greek office

Columbia Shipmanagement is delighted to announce the official opening of its new office in Greece, in line with the company’s exciting expansion plans. Situated in Southern Athens near Piraeus, one of Europe’s busiest ports, and close to the capital city, Columbia Shipmanagement Greece will prov....

Hellenic Shipping News Published 2y-2w-3d-19h-38m ago

WISTA Hellas 27th Annual General Assembly and Election of Board of Directors and Auditing Committee

Following its 27th Annual General Assembly and elections for he new Board of Directors and Auditing Committee of WISTA Hellas, held on Thursday 31th March 2022, WISTA Hellas is pleased to announce the new Board of Directors and Auditing Committee, for the term 2022 2024: President Mrs. Elpi Petraki ....

Hellenic Shipping News Published 2y-2w-3d-19h-39m ago

Tankers: European Oil Trade Routes Are Being Redrawn

The tanker market is in ever shifting waters, as the existing conditions are redrawing crude oil trade routes. North Sea oil production could return into play, while Urals exports are expected to move to the East. In its latest weekly report, shipbroker Gibson said that “the combination of high oi....

Hellenic Shipping News Published 2y-2w-4d-19h-38m ago

Okeanis Eco Tankers Corp. Announces Delivery of VLCC Newbuilding NISSOS KEA

Okeanis Eco Tankers Corp. announces that it has taken delivery of the VLCC NISSOS KEA the “Vessel” . The Vessel was delivered from Hyundai Heavy Industries in South Korea and is the first of two under construction, Gas Ready MEc , ECO design, open loop scrubber fitted 300,000 DWT VLCC crude ta....

Hellenic Shipping News Published 2y-2w-4d-19h-39m ago

Pyxis Tankers Announces Filing of Form 20-F for the Year Ended December 31, 2021 & Chartering Update

Pyxis Tankers Inc., a growth oriented pure play product tanker company, announced today that its Annual Report on Form 20 F for the year ended December 31, 2021 has been filed with the Securities and Exchange Commission and can be accessed on our website, www.pyxistankers.com. Alternatively, shareho....

Hellenic Shipping News Published 2y-2w-4d-19h-39m ago

TOP Ships Inc. Announces Corporate Developments

TOP Ships Inc., an international owner and operator of modern, fuel efficient amp 8220 ECO amp 8221 tanker vessels, announced today that it has concluded its previously announced sale of the MR2 product tanker Eco City of Angels to unaffiliated third parties. The related secured financing has be....

Hellenic Shipping News Published 2y-2w-4d-23h-38m ago

Dry Bulk Market: 2,500 Wheat Cargoes Disrupted

The dry bulk market is in transition mode, after the disruption caused in the Russian and Ukrainian wheat exports. In its latest weekly report, shipbroker Banchero Costa said that “the Russian invasion of Ukraine has particularly strong implications for the seaborne grains trade, with a potentiall....

Hellenic Shipping News Published 2y-2w-6d-19h-38m ago

China’s COVID-19 Restrictions Could Help the Dry Bulk and Container Segments, but Hurt Tankers

As China grapples with the effects of the pandemic and has issued a lockdown in Shanghai, shipping is expected to be impacted as well. While tankers should take a hit from the slowdown in oil consumption, the dry bulk and container segments could stand to benefit, as congestion has already increased....

Hellenic Shipping News Published 2y-3w-19h-38m ago

Environmental Protection Engineering (EPE) launches its sustainable Superyacht Division

EPE, the pioneering Greek manufacturer of global environmental protection solutions, has established EPE Yachting amp 8211 a new division offering sustainable solutions for the superyacht market. The company offers water treatment and emissions abatement technologies as well as systems cleaning s....

Hellenic Shipping News Published 2y-3w-19h-39m ago

Newbuilding Orderbook Filled with LNG and Container Ships

The bulk of the newbuilding orders placed so far in 2022 appears to be for LNG and container ships, which offer quite positive funadmentals at the moment. In its latest weekly report, shipgroker Allied Shipbroking said that “the shipbuilding market continued to show momentum for yet another week, ....

Hellenic Shipping News Published 2y-3w-1d-19h-38m ago

Ship Recycling Market Quite Volatile

The ship recycling market has faced more volatility this week, in close correlation to the developments in the commodities’ markets. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “market sentiment this week has certainly not sprung forward and in fact, further negative....

Hellenic Shipping News Published 2y-3w-2d-19h-38m ago

Diana Shipping Inc. Announces Delivery, Sale and Leaseback of the Capesize Dry Bulk Vessel m/v Florida

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter in of dry bulk vessels, today announced that, through a separate wholly owned subsidiary, it has taken delivery of the m/v Florida, a 2022 Japanese new building Capesize dry bulk vessel that the Company....

Hellenic Shipping News Published 2y-3w-2d-23h-38m ago

Marine Fuel Supplier PMG opens office in Greece

PMG Holding, physical marine fuel suppliers and global bunker traders have announced the appointment of Eftihia Kalaitzis as Bunker Sales Manager and Panagiotis Bastas as Bunker Trader at their Athens Office, the company stated in a LinkedIn post. Eftihia joined PMG Holding earlier this month, havin....

Hellenic Shipping News Published 2y-3w-2d-23h-38m ago

ThPA S.A.: Overall increase in revenue for all business sectors in 2021

2021 results posted an overall increase in revenue in all business sectors of the Port, compared to 2020. Specifically, following the BoD approval on March 28th, 2022 of the Annual Financial Report, it is announced that the consolidated revenue for 2021 amounted to € 77,9 mil. revenue for ThPA So....

Hellenic Shipping News Published 2y-3w-3d-3h-38m ago

Oriani brings Maritime Trainer’s global digital learning solutions to Greece

Oriani Hellas is proud to announce the exclusive representation in Greece of Maritime Trainer, the global digital learning technology, content, and service provider. Maritime Trainer was established in 2011 to provide innovative solutions to human resources assessment, training, and development need....

Hellenic Shipping News Published 2y-3w-3d-3h-38m ago

TECHMAR Services Ltd Announces Acquisition of DHall Renewables

Techmar Services Ltd www.techmar.tech , announced the acquisition of a majority stake in UK based DHall Renewables www.dhallrenewables.co.uk , an established services company in the wind installation and service industry. DHall Renewables DHR , established in 2017, provides pre assembly, main ass....

Hellenic Shipping News Published 2y-3w-3d-7h-38m ago

Shipping Routes Are Being Redrawn, While Payments Could Soon Be Done in Non-Dollar Currencies

The war in Ukraine is already upsetting global shipping and the economy, as new routes are being drawn to compensate for the loss of cargoes from Russia and Ukraine. At the same time, we could be headed towards the limiting of dollar’s dominance as the preferred currency for most – if not all ....

Hellenic Shipping News Published 2y-3w-3d-19h-38m ago

Tanker Market Mired With Uncertainties

The tanker market is awash with a number of uncertainties, amid the existing geopolitical landscape. In its latest weekly report, shipbroker Gibson said that “while the sanctions’ list against Russia is growing longer as the days go by, the International Energy Agency IEA is warning that Russi....

Hellenic Shipping News Published 2y-3w-4d-19h-38m ago

Dorian LPG Ltd. Announces Completion of Japanese Financing Transactions for 2 2015-built VLGCs and Sale of its 2008-built VLGC Captain Nicholas ML

Dorian LPG Ltd., a leading owner and operator of modern and ECO very large gas carriers amp 8220 VLGCs amp 8221 , announced that on March 18, 2022, it completed two $70 million sale and bareboat charter arrangements with the same counterparty for its 2015 built VLGCs Cratis and Copernicus. The ....

Hellenic Shipping News Published 2y-3w-4d-23h-38m ago

Dry Bulk Market: Long Terms Positive Momentum Still Seen Intact

The dry bulk market sentiment, at least for the long term, appears to remain positive, if the futures market is any indication. In its latest weekly report, shipbroker Allied Shipbroking said that “there is a fair amount of disarray in global markets, given the ongoing situation in Ukraine. Recent....

Hellenic Shipping News Published 2y-4w-18h-38m ago

Ship owners wary of moving Russian oil – Angelicoussis Group CEO

Foreign ship owners are becoming increasingly wary of moving cargoes of Russian oil due to the conflict in Ukraine and the impact of Western sanctions on Moscow, the head of leading private Greek shipping group Angelicoussis said on Wednesday. U.S. President Joe Biden has imposed a ban on Russian oi....

Hellenic Shipping News Published 2y-4w-18h-38m ago

Diana Shipping Inc. Announces Sale and Leaseback of m/v Florida

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly owned subsidiary, it has entered into a sale and leaseback agreement with an unaffiliated Japanese third party for the 2022 new building Capesize dry bulk....

Hellenic Shipping News Published 2y-4w-22h-38m ago

Newbuilding Orders On Positive Ground

Shipowners’ appetite for newbuildings has kept its positive trajectory, as has been the case for most of 2022 so far. In its latest weekly report, shipbroker Allied said that “the Shipbuilding market moved on a positive trajectory as of the past week, given the fair number of new orders coming t....

Hellenic Shipping News Published 2y-4w-1d-18h-38m ago

OceanPal Inc. Reports 2021 Financial Results

OceanPal Inc., a global shipping company specializing in the ownership of vessels, reported net income of $134 thousand and net income attributed to common stockholders of $65 thousand for the period from inception date April 15, 2021 to December 31, 2021. Time charter revenues for the same period w....

Hellenic Shipping News Published 2y-4w-1d-18h-39m ago

Piraeus Port says Supreme Court Ruling Will Temporarily Halt Cruise Terminal Works

Following the Greek Supreme Court recent decision about Greece Port Planning and Development Committee’s former Port of Piraeus’ Master Plan approvals, which affect the Cruise Terminal Expansion Project by temporary pausing the construction operations, PPA SA would like to inform on the followin....

Hellenic Shipping News Published 2y-4w-2d-2h-38m ago

Correction Time for the Ship Recycling Market

The ship recycling market has entered a correction phase, after several weeks of price increases. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “this week saw price levels tumble southwards on the back of falls in global steel/commodity markets against the speculation th....

Hellenic Shipping News Published 2y-4w-2d-18h-38m ago

Damen Shipyards to cooperate with HEMEXPO

Greek Marine Equipment Manufacturers sign Declaration of Intent with Shipyards Group Damen Shipyards Group from the Netherlands and the Hellenic Marine Equipment Manufacturers and Exports – the leading suppliers and export association in the Greek maritime industry – have signed a Declaration of....

Hellenic Shipping News Published 2y-4w-2d-18h-38m ago

Diana Shipping Inc. Announces Time Charter Contract for m/v New Orleans With Engelhart CTP

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, yesterday announced that, through a separate wholly owned subsidiary, it has entered into a time charter contract with Engelhart CTP Freight Switzerland SA, for one of its Capesize dry bulk vessels, t....

Hellenic Shipping News Published 2y-4w-2d-18h-39m ago

Euroseas Ltd. Signs New Building Agreements for the Acquisition of Three Fuel Efficient 1,800 teu Feeder Containerships

Euroseas Ltd., an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today that it has signed a contract for the construction of three 1,800 teu eco design fuel efficient feeder containerships. The vessels will be built at Hyundai Mip....

Hellenic Shipping News Published 2y-4w-2d-22h-38m ago

Tanker Market in Unknown Territory After Russian Oil is Off Limits for Many Ship Owners and Traders

The tanker market is in the middle of yet another challenging situation, with predictions of future oil demand growth, now being thrown out of the window. In its latest weekly report, shipbroker Gibson said that “as the crisis in Ukraine escalates, so does the global turmoil. More and more compani....

Hellenic Shipping News Published 2y-1mo-2w-1d-18h-38m ago

Russian Seaborne LNG Exports Reached 30.3 Million Tonnes

The current situation in Ukraine is having a direct impact on the shipping markets, with Russian seaborne exports being driven off the market. In its latest weekly report, shipbroker Banchero Costa said that “Russia is the fourth largest seaborne exporter of liquified natural gas in the world, aft....

Hellenic Shipping News Published 2y-1mo-2w-3d-18h-38m ago

Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Santa Barbara With Cargill

Diana Shipping Inc. NYSE: DSX , the “Company” , a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Capesize ....

Hellenic Shipping News Published 2y-1mo-2w-3d-22h-38m ago

Shipping’s Russian Nightmare is Becoming a Reality

The shipping industry is faced with a logistical and legal nightmare, in the aftermath of the events in Ukraine. In its latest weekly report, shipbroker Intermodal said that “the escalating confrontation between Russia and Ukraine has the potential to disrupt global order and set the world back a ....

Hellenic Shipping News Published 2y-1mo-2w-4d-18h-38m ago

‘Ukraine crisis and potential damaging effects on ship owners’/ship operators’ finances’

The escalation of the Ukraine /Russian crisis has highlighted the challenges shipping companies are facing due to growing geopolitical risks. Black Sea is a key transit point for agriculture products, metals and energy and is expected that the military action will disrupt supply chains and their ope....

Hellenic Shipping News Published 2y-1mo-2w-4d-18h-38m ago

TOP Ships Inc. Announces Delivery of Its 2nd Supertanker (Very Large Crude Oil Carrier)

TOP Ships Inc. the “Company” , an international owner and operator of modern, fuel efficient amp 8220 ECO amp 8221 tanker vessels, announced today that it took delivery of the very high specification, scrubber fitted, 300,000 dwt newbuilding Very Large Crude Oil Carrier VLCC vessel M/T Le....

Hellenic Shipping News Published 2y-1mo-2w-4d-22h-38m ago

Orbyt Global: New dimensions for the Shipping Industry

As of today, an exciting new player, Orbyt Global, is entering in the maritime market, making life easy for all owners, managers, captains and crew in the shipping industry and beyond. Orbyt Global, a Piraeus based company, offering a spectrum of innovative products and applying the best of two worl....

Hellenic Shipping News Published 2y-1mo-2w-5d-6h-38m ago

Newbuildings Edge Higher This Past Week

Newbuilding ordering activity moved higher this week as more ships were contracted. In its latest weekly report, shipbroker Allied Shipbroking said that “the shipbuilding market managed to regain its vivid activity to some extent, in contrast to the previous week’s modest market mood. Contracts ....

Hellenic Shipping News Published 2y-1mo-2w-5d-18h-38m ago

Pyxis Tankers Announces Completion of Sale of Two Small Tankers & Chartering Update

Pyxis Tankers Inc., an international pure play product tanker company, announced that it has completed the sales of the Northsea Alpha and Northsea Beta, two 2010 built 8,600 dwt product tankers, for the aggregate sale price of $8.9 million. After repayment of bank debt and related transaction costs....

Hellenic Shipping News Published 2y-1mo-2w-5d-22h-38m ago

Demand for Ship Recycling in Healthy Level, Despite a Lack of Candidates

Demand is pretty vivid in the ship demolition market, despite an apparent lack of enough ship candidates. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “this week has certainly raised concerns in the market following the unrest between Russia and Ukraine which is creatin....

Hellenic Shipping News Published 2y-1mo-2w-6d-18h-38m ago

Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Medusa With Cargill

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Kamsarmax dry bulk vessels, the m/v ....

Hellenic Shipping News Published 2y-1mo-2w-6d-22h-38m ago

This pro tip will keep your streaming service cost down as prices soar - New York Post

This pro tip will keep your streaming service cost down as prices soar amp nbsp amp nbsp New York Post ....

Shipping News Published 2y-1mo-3w-16h-32m ago

Tanker Owner Expects Market to Recover from Multi-Decade Lows

The tanker market should have “enough in its tank” to recover from its multi decade lows, thanks to low tonnage supply and an expected increase in oil demand moving forward. In a recent note, ship owner Teekay Tanker said that “in the fourth quarter of 2021, crude tanker spot rates moderately ....

Hellenic Shipping News Published 2y-1mo-3w-18h-38m ago

Okeanis Eco Tankers Corp. Reports Unaudited Interim Condensed Results for the Fourth Quarter and Twelve Month Period of 2021

Okeanis Eco Tankers Corp. reported unaudited interim condensed results for the three and twelve months ended December 31, 2021. Q4 2021 Highlights Time charter equivalent “TCE”, a non IFRS measure revenue and Adjusted EBITDA a non IFRS measure of $23.6 million and $11.9 million, respectively....

Hellenic Shipping News Published 2y-1mo-3w-1d-2h-38m ago

Tanker Trade: What Does the War In Ukraine Mean?

The tanker market is already experiencing significant changes, as a result of the war in Ukraine, with trade being disrupted and crude flows expected to shift. In its latest weekly report, shipbroker Gibson said that “yesterday’s sudden invasion of Ukraine will have major ramifications, not just....

Hellenic Shipping News Published 2y-1mo-3w-1d-18h-38m ago

Diana Shipping Inc. Reports 2021 Net Income of $57.4 Million, Versus 2020 Net Loss of $134 Million

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, reported net income of $41.1 million and net income attributed to common stockholders of $39.7 million for the fourth quarter of 2021, including a gain of $15.3 million from the spin off of OceanPal Inc....

Hellenic Shipping News Published 2y-1mo-3w-1d-18h-38m ago

Container Ships and LNG Tankers Are Dominating the Newbuilding Market

The main trend in the newbuilding market this year, has been following the same line as in 2021. This means that container ships and LNG tanker are the main ship types in demand. In its latest weekly report, shipbroker Intermodal said that “the newbuilding market activity since the start of the ye....

Hellenic Shipping News Published 2y-1mo-3w-3d-18h-38m ago

ThPA S.A.: Contractor for the 6th Pier of Thessaloniki Port

ThPA S.A. announces that the joint venture “MYTILINEOS SA – ROVER MARITIME SL – HDK SA” has been awarded the project “Expansion of the Marine Works Infrastructure of Pier 6” with a budget of 150 million euro, at the current stage of the tender. This project is the most important part of ....

Hellenic Shipping News Published 2y-1mo-3w-4d-2h-38m ago

Euroseas Ltd. Announces New Charter For Its 1,439 teu, 1997-built vessel, M/V “Aegean Express”

Euroseas Ltd., an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced a new charter of its container vessel M/V “Aegean Express”. Specifically: M/V “Aegean Express”, a 1,439 TEU vessel built in 1997, entered into a new time cha....

Hellenic Shipping News Published 2y-1mo-3w-4d-2h-38m ago

Dry Bulk Market on the Rise

The dry bulk market has been experiencing some positive momentum of late. In its latest weekly report, shipbroker Allied Shipbroking said that “the dry bulk market has moved on a positive track as of the past couple of weeks or so. Following the typical softening in freight conditions during the e....

Hellenic Shipping News Published 2y-1mo-3w-4d-18h-38m ago

Navios Maritime Holdings Inc. Reports 40.6% 2021 Revenue Increase and 53.2% During the Fourth Quarter

Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, reported financial results for the fourth quarter and year ended December 31, 2021. Angeliki Frangou, Chairwoman and Chief Executive Officer, stated, “I am pleased with our excellent results for the fourth quarter and....

Hellenic Shipping News Published 2y-1mo-3w-4d-18h-38m ago

Greek Maritime Golf Event: The maritime industry plays golf for the 8th year

Greek Maritime Golf Event, the top golf tournament for the maritime community returns for the 8th year renewing its annual appointment with the Greek and world maritime industry, on September 8 11, 2022, at Costa Navarino, Messinia. Golf action in 2 new signature courses The best golf event in Greec....

Hellenic Shipping News Published 2y-1mo-3w-4d-18h-39m ago

Ship Recycling Picks Up Pace

The demolition market has come alive over the past few weeks, as firmer rates have triggered an increased supply of vintage tonnage. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “it would appear the recent firmer rates are now attracting interest from several ship ....

Hellenic Shipping News Published 2y-1mo-3w-5d-18h-38m ago

Ship Owners Reluctant to Commit to More Newbuildings

Ship owners have remained coy when it comes to placing a large number of newbuilding orders during the past week, as has been the case of late. In its latest weekly report, shipbroker Allied said that “the ship newbuilding market continued on an uninspiring trajectory for yet another week, with a ....

Hellenic Shipping News Published 2y-1mo-3w-6d-18h-38m ago

PPA S.A.: High investment award for the year 2021

Another important distinction for Piraeus Port Authority in this year amp 8217 s MONEY Business Awards, achieving second highest investment ranking in 2021. The “HRIMA Business Awards” is organized in collaboration with Ethos EVENTS and the economic and business portal banks.com.gr. The event....

Hellenic Shipping News Published 2y-1mo-3w-6d-22h-38m ago

Tanker Market Looks for More Balance Down The Line

The tanker market’s balance of demand and supply could be headed towards a more sustainable future down the line. In its latest weekly report, shipbroker Allied said that “the tanker market has been in a state of despair since the pandemic brought an almost complete collapse of global demand for....

Hellenic Shipping News Published 2y-2mo-18h-38m ago

Greek manager of Oaktree-backed tanker says probing possible Iran oil transfer

Greece based Empire Navigation is investigating whether Iranian oil was transferred onto one of the vessels it manages, the company said in a statement, after a U.S. advocacy group first made such allegation last week. Top oil shipping companies say they are grappling with a growing risk of handling....

Hellenic Shipping News Published 2y-2mo-18h-38m ago

Tsavliris Salvage Assists “Euroferry Olympia”

Tsavliris’ fire fighting tug “Proteas” participated in the FiFi operation of the “Euroferry Olympia” off Corfu, under the directions of the Fire Brigate Commander. The pictures depict the fire fighting operation. Source: Tsavliris Salvage The post Tsavliris Salvage Assists “Euroferry Oly....

Hellenic Shipping News Published 2y-2mo-18h-38m ago

SQLearn & Moore Greece combine their areas of expertise and introduce the Maritime Financial Reporting Masterclass

Moore Greece and SQLearn have come together to develop a platform that aims to be the point of reference for finance professionals in the maritime sector. Certified by the American Bureau of Shipping ABS , the platform hosts e learning training courses on significant business events that take place....

Hellenic Shipping News Published 2y-2mo-18h-39m ago

Libyan Oil Market Could Offer Support to the Aframax Mediterranean Market

The Aframax Mediterranean market stands to benefit from a potential recovery of Libya’s oil production, however difficult this may sound at present. In its latest weekly report, shipbroker Gibson said that “in recent years, despite holding the largest oil reserves in Africa and the 9th largest r....

Hellenic Shipping News Published 2y-2mo-1d-18h-38m ago

Australia Remains a Key Exporter of Iron Ore to China

Tensions aside, China remains Australia’s biggest market for iron ore, accounting for almost 80% of its exports in 2021. In a recent weekly report, shipbroker Banchero Costa noted that “2021 was still a reasonably positive year for global iron ore trade, despite China amp 8217 s cooling demand,....

Hellenic Shipping News Published 2y-2mo-3d-18h-38m ago

Star Bulk Carriers Corp. Reports Net Profit of $300.2 Million for the Fourth Quarter of 2021 and Declares Quarterly Dividend of $2.00 Per Share

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating results for the fourth quarter of 2021. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to....

Hellenic Shipping News Published 2y-2mo-4d-6h-38m ago

RINA Approves First MR Tanker to Exceed IMO 2050 Targets Using Fossil Fuels

RINA has announced the Approval in Principle AiP of Swedish designer FKAB Marine Design’s hydrogen powered MR Tanker, the first AiP of a design using currently viable technology and fuels that achieves IMO 2050 targets. Conceived by the class society and designed by FKAB, the propulsion is based....

Hellenic Shipping News Published 2y-2mo-4d-6h-38m ago

Dry Bulk Market Edging Forward

The end of China’s New Year Celebrations is bound to bring with it a restocking process, which could help the dry bulk market move forward and recover part of the lost ground of the past few months. In its latest weekly report, shipbroker Intermodal said that “after a very hot dry bulk market, t....

Hellenic Shipping News Published 2y-2mo-4d-18h-38m ago

Diana Shipping Inc. Announces Delivery of the Kamsarmax Dry Bulk Vessel m/v Leonidas P. C. and Time Charter Contract for m/v Seattle With Solebay

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly owned subsidiary, it has taken delivery of the m/v Leonidas P. C. formerly “Magnolia” , a 2011 built Kamsarmax dry bulk vessel of 82,165 dwt that the Compa....

Hellenic Shipping News Published 2y-2mo-4d-22h-38m ago

Safe Bulkers Inc. Announces Results of Pilot Biofuel Project

Safe Bulkers Inc., an international provider of marine dry bulk transportation services announced that in the framework of several environmental initiatives targeting to reduce its carbon footprint, it is assessing the use of biofuels as alternative fuels. A number of pilot projects have been design....

Hellenic Shipping News Published 2y-2mo-5d-6h-38m ago

Demand for Dry Bulkers Remains Strong

Ship owners have been rather active in the S amp 38 P market, especially when it comes to bulk carriers. In its latest weekly report, shipbroker Allied noted that “on the dry bulk side, the SnP market returned back to a strong pace as of the past week, given the fair number of units changing hand....

Hellenic Shipping News Published 2y-2mo-5d-18h-38m ago

Posidonia 2022 To Chart New Course For Global Shipping Reset

Posidonia 2022 will be held this summer from June 6 10, with the 27th edition of the world’s most prestigious shipping event gearing up to welcome the international maritime community back to its Athens Metropolitan Expo venue, following the pandemic induced disruption of the 2020 event. Already, ....

Hellenic Shipping News Published 2y-2mo-5d-18h-38m ago

Moore Greece & SQLearn combine their areas of expertise and introduce the Maritime Financial Reporting Masterclass

Moore Greece and SQLearn have come together to develop a platform that aims to be the point of reference for finance professionals in the maritime sector. Certified by the American Bureau of Shipping ABS , the platform hosts e learning training courses on significant business events that take place....

Hellenic Shipping News Published 2y-2mo-5d-18h-39m ago

Ship Owners More Willing to Sell Their Vintage Tonnage

The current market sentiment is pointing towards more ship recycling activity moving forward. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “the firming rates being witnessed in the recycling market is starting to gain attraction for some ship owners as we are now h....

Hellenic Shipping News Published 2y-2mo-6d-18h-38m ago

Dry Bulk Market Could Be Heading Towards a Recovery

Wars and other geopolitical factors aside, the dry bulk market’s seasonality, is taking its toll in the freight market. However, it seems that from the second quarter of the year and onwards, a recovery could begin to take shape. In its recent weekly report, shipbroker Allied said that “the dry ....

Hellenic Shipping News Published 2y-2mo-1w-18h-38m ago

Tankers: Atlantic Trades Will Support the Market

Despite a desire from Mexico to limit its exports until a full stop by 2023, while also eliminating product imports, it seems that the reality is different. In its latest weekly report, shipbroker Gibson said that “when Lopez Obrador was elected as the Mexican president, a key policy pledge of his....

Hellenic Shipping News Published 2y-2mo-1w-1d-18h-38m ago

Safe Bulkers Inc. Announces Pricing of €100 Million Unsecured Bonds

Safe Bulkers Inc. announced that its wholly owned subsidiary, Safe Bulkers Participations Plc, has successfully priced its previously announced offering of €100 million of unsecured bonds the “Bonds” to be listed on the Athens Exchange “ATHEX” . The Bonds have a coupon of 2.95% payable ....

Hellenic Shipping News Published 2y-2mo-1w-1d-22h-38m ago

Tanker Market Fails To Take Off During January

The tanker market is still lingering close to multi year lows at the beginning of 2022. According to the latest monthly report from OPEC, coming off a year that saw multi decade lows, dirty tanker spot freight rates started 2022 close to the bottom end of the five year range, despite rising bunker f....

Hellenic Shipping News Published 2y-2mo-1w-3d-18h-38m ago

EuroDry Ltd. Reports 248% Increase In Fourth Quarter Revenue

EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced its results for the three and twelve month periods ended December 31, 2021. Fourth Quarter 2021 Highlights: Total net revenues of $22.3 million. Net income attributable to c....

Hellenic Shipping News Published 2y-2mo-1w-4d-6h-38m ago

Diana Shipping Inc. Announces Time Charter Contracts for m/v Aliki with Koch and m/v Leonidas P. C. with Cargill

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Aliki. ....

Hellenic Shipping News Published 2y-2mo-1w-4d-6h-38m ago

China’s Iron Ore Imports Mix Could Lead to Dry Bulk Market Structural Change

The dry bulk market trade’s benchmark trade, i.e. China’s iron ore imports are undergoing a structural shift, with the country looking to reduce its import dependence from Australia, in favor of other countries. As a result, the dry bulk market is expected to witness a similar shift as well. In ....

Hellenic Shipping News Published 2y-2mo-1w-4d-18h-38m ago

Melina Travlos becomes First Woman to lead Greek Shipowners Union

The Union of Greek Shipowners UGS has elected its first female president in its 106 year history. Melina Travlos, chairwoman of Neptune Lines Shipping amp 38 Managing Enterprises, was on Thursday elected as the new head of the Union of Greek Shipowners UGS . The news comes just two months afte....

Hellenic Shipping News Published 2y-2mo-1w-4d-18h-38m ago

Ship Owners Active in the Newbuilding and S&P Markets

Ship owners have been rather active in both ends of the market, i.e. the newbuilding and the S amp 38 P part. In its latest weekly report, shipbroker Allied said that “the relatively “good” orbit in the newbuilding market continued for yet another week, with a modest flow of projects being pu....

Hellenic Shipping News Published 2y-2mo-1w-5d-18h-38m ago

Island Oil Announces New Appointment

In line with the Group plans for sustainable growth, Island Oil Holdings Ltd is pleased to announce the appointment of Mr. Alexis Psaras in the position of Bunker amp 038 Lubricants Trader at our Cyprus international trading office, Island Oil Limited, with effect from 01st February 2022. Mr. P....

Hellenic Shipping News Published 2y-2mo-1w-5d-22h-38m ago

Demand Boosts Demolition Rates, Could Lead to More Scrappings

Demand from ship recycling yards for more vintage tonnage, has already increased rates, which in turn, could lead to a rise in overall supply. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as the week moved at a snail’s pace whilst the Far Eastern markets celebrated t....

Hellenic Shipping News Published 2y-2mo-1w-6d-18h-38m ago

Danaos Corp. Posts Net Income of Over $1 Billion in 2021

Danaos Corporation, one of the world’s largest independent owners of containerships, today reported unaudited results for the fourth quarter and the year ended December 31, 2021. Highlights for the Fourth Quarter and Year Ended December 31, 2021: Adjusted net income1 of $125.8 million, or $6.10 pe....

Hellenic Shipping News Published 2y-2mo-1w-6d-18h-38m ago

PPA S.A.: Amongst the “Most Sustainable Companies in Greece 2022”

Following the announcement of the Quality Net Foundation, the Piraeus Port Authority has been included in the List of the “Most Sustainable Companies in Greece 2022” as announced by the Foundation’s Annual Evaluation Report measuring business performance in Sustainable Development based on the....

Hellenic Shipping News Published 2y-2mo-1w-6d-22h-38m ago

MESPAS appoints new Area Sales Manager Greece

MESPAS, the maritime software specialists, are delighted to announce the appointment of Iraklis Tarlas as their new Sales Manager Greece. With Athens and Greece as one of the hubs of the European maritime industry, MESPAS has for some time been looking for a qualified and talented person to head up ....

Hellenic Shipping News Published 2y-2mo-1w-6d-22h-38m ago

Chinese Oil Imports Hurt Tanker Trade in 2021

A slowdown in seaborne crude oil imports from China, the biggest market for tankers, has inevitably hurt the segment in 2021. In its latest weekly report, shipbroker Banchero Costa said that “the year 2021 was once again a very bad year for crude oil trade. Total loadings in the whole 12 months of....

Hellenic Shipping News Published 2y-2mo-2w-18h-38m ago

Tankers: Oil Supply Boost Expected to Provide Support to the Market

Oil supply is expected to increase considerably during the course of 2022, providing tankers with a much needed support. In its latest weekly report, shipbroker Gibson said that “the decision by OPEC+ to raise output by another 400kbd in March came as little surprise to the oil market, which had l....

Hellenic Shipping News Published 2y-2mo-2w-1d-18h-38m ago

Dry Bulk Market: Australia’s Iron Ore Exports a Major Factor for Further Dry Bulk Market Momentum

China’s demand helped sustain dry bulk seaborne trade during the year of the pandemic that was 2020. As a result, an economic rebound with the added emphasis on infrastructure is expected to further improve demand for Australia’s iron ore moving forward. In a recent report, shipbroker Banchero C....

Hellenic Shipping News Published 2y-11mo-4w-19h-38m ago

WFW advises Danaos on US$1.25bn refinancing

Watson Farley amp 038 Williams “WFW” has advised long standing client Danaos Corporation “Danaos” on the refinancing of US$1.25bn of its outstanding senior secured debt which totalled US$1.3bn as of 31 December 2020 . Danaos has refinanced all its outstanding debt under nine senior s....

Hellenic Shipping News Published 2y-11mo-4w-23h-38m ago

SQLearn & Moore Greece commence in collaboration to create innovative online training programs

SQLearn and Moore Greece join forces to create innovative online training programs, synchronous and asynchronous, in a wide range of subjects related to administration, financial management and regulatory compliance of shipping companies. SQLearn, having many years of recognized experience in provid....

Hellenic Shipping News Published 2y-11mo-4w-1d-3h-38m ago

Is LNG’s Role in Shipping’s Decarbonization Limited?

LNG has long been touted as a major factor towards shipping’s switch to cleaner fuels. However, is this really the case today In its latest weekly report, shipbroker Intermodal said that “after the World Bank recently rejected liquefied natural gas, LNG, as a sustainable fuel for shipping in th....

Hellenic Shipping News Published 2y-11mo-4w-1d-19h-38m ago

Diana Shipping Inc. Announces Time Charter Contract for m/v Philadelphia with Classic Maritime

Diana Shipping Inc. NYSE: DSX , the “Company” , a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly owned subsidiary, it has entered into a time charter contract with Classic Maritime Inc., for one of its Newcastlemax dry....

Hellenic Shipping News Published 2y-11mo-4w-1d-19h-39m ago

ThPA S.A.: Financial Results 2020

On April 21st, 2021, the BoD of ThPA S.A. approved the 2020 Annual Financial Report for the Fiscal Year 2020 financial results and activity of ThPA S.A. resulting in increased revenue and profit. The total revenue increased from € 68,9 mil. in 2019 to € 71,7 mil. in 2020 showing an increase of 4....

Hellenic Shipping News Published 2y-11mo-4w-1d-19h-39m ago

Dynagas LNG Partners LP Announces New Time Charter for the LNG Carrier Arctic Aurora

Dynagas LNG Partners LP, an owner and operator of liquefied natural gas “LNG” carriers, today announced that it has entered into a new time charter party agreement with Equinor ASA amp 8220 Equinor amp 8221 for the employment of the 2013 built ice class LNG carrier Arctic Aurora. Under t....

Hellenic Shipping News Published 3y-3h-38m ago

Hannibal's Mads Mikkelsen nearly filmed Hugh Dancy kiss - Digital Spy

Hannibal amp 39 s Mads Mikkelsen nearly filmed Hugh Dancy kiss amp nbsp amp nbsp Digital Spy....

Shipping News Published 3y-19h-24m ago

Fitbit announces new Luxe fitness tracker - pre-order now - digitalspy.com

Fitbit announces new Luxe fitness tracker pre order now amp nbsp amp nbsp digitalspy.com....

Shipping News Published 3y-1d-18h-10m ago

Newbuilding Orders Are Booming, Reaching 13-year Highs

A rapidly improving sentiment among owners has prompted the most active first quarter of the last 13 years, when it comes to newbuilding orders. In its latest weekly report, shipbroker Banchero Costa commented this week that “the newbuilding boom has now resulted in the most vessels ordered in a f....

Hellenic Shipping News Published 3y-1d-19h-38m ago

SQLearn & Moore Greece commence in collaboration to create innovative online training programs

SQLearn and Moore Greece join forces to create innovative online training programs, through synchronous and asynchronous educational platformas, in a wide range of subjects related to administration, financial management and regulatory compliance of shipping companies. SQLearn, having many years of ....

Hellenic Shipping News Published 3y-1d-19h-38m ago

Capital Product Partners L.P. Announces the Sale of Two 9,288 TEU Container Vessels

Capital Product Partners L.P., an international owner of ocean going vessels, today announced the sale of two 9,288 TEU container vessels. The Partnership has entered into a memorandum of agreement for the sale of the M/V amp 8216 CMA CGM Magdalena amp 8217 115,639 dwt / 9,288 TEU, Eco Flex, Wi....

Hellenic Shipping News Published 3y-1d-19h-38m ago

Maryland's COVID-19 hospitalization numbers rise since March - Yahoo News

Maryland amp 39 s COVID 19 hospitalization numbers rise since March amp nbsp amp nbsp Yahoo News....

Shipping News Published 3y-2d-18h-30m ago

Dry Bulk Market Still Fragile Despite Recent Rally

Despite the dry bulk market’s recent upward momentum, things are still quite fragile and nothing should be taken for granted. In its latest weekly report, shipbroker Allied Shipbroking said that “with Q1 of the year already passed, it is interesting to note that a typically sluggish period in th....

Hellenic Shipping News Published 3y-6d-19h-38m ago

The shipping industry’s ultimate Golf Tournament

Greek Maritime Golf Event, the most successful golf tournament for the shipping community, returns for the 7th year booking its annual appointment with the Greek and world shipping industry, on September 3 5, 2021, at Costa Navarino, in Messinia. The best golf event in Greece and Cyprus, as distingu....

Hellenic Shipping News Published 3y-6d-19h-38m ago

Piraeus: Increased Capacity Of The Pier I Of The Container Terminal Signing Of A Supply Contract For Electric Stacking Cranes (E-Rtg Cranes)

PPA S.A. announces the signing of a new supply contract for five 5 Stacking Cranes E RTG , which will be installed in Pier I of the Container Terminal. It is noted that the new electric E RTGs are more environmentally friendly than conventional ones and their use will improve the environmental fo....

Hellenic Shipping News Published 3y-6d-19h-39m ago

The shipping industry mourns the passing of John A Angelicoussis

It is with deep sorrow we learned of the death of John A Angelicoussis. John Angelicoussis was born in Chios in 1948 and joined his father Anthony’s company Agelef Shipping as a 25 year old in 1973, where the company chartered their then modest fleet of bulkers and tankers from their London office....

Hellenic Shipping News Published 3y-6d-19h-39m ago

Pandemic Waves Having an Adverse Effect on the Demolition Market

The raging of the pandemic in India and the Southeast of Asia in general is beginning to take its toll in the demolition market as well. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the Pandemic continues to plague the Indian sub. Continent as more restrictions have be....

Hellenic Shipping News Published 3y-1w-19h-38m ago

Seanergy Maritime Holdings Corp. Announces Loan Facility of $37.45 Million and Other Financing Updates

Seanergy Maritime Holdings Corp. announced today that the Company received a commitment letter from one of its existing lenders for a $37.45 million facility the “New Facility” . The proceeds will be used to refinance the $24.45 million existing facility secured by the M/V Squireship and the M/....

Hellenic Shipping News Published 3y-1w-19h-39m ago

Newbuilding Market Picks Up its Pace

Demand has picked up in the newbuildiing market, with an increased number of orders being report over the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “it was a week with some very interesting fresh deals in the newbuilding market. In the dry bulk sector, we saw ....

Hellenic Shipping News Published 3y-1w-1d-19h-38m ago

29th Online Annual General Meeting WISTA Hellas

WISTA Hellas Annual General Meeting took place on Thursday 8th April. The AGM was held online due to the restrictive measures for the pandemic. The Members at the AGM welcomed Mrs. Christiana Kalogirou, Secretary General for the Aegean and Island Policy, at the Ministry of Maritime Affairs and Insul....

Hellenic Shipping News Published 3y-1w-1d-19h-39m ago

Apple Seeds Eighth Beta of macOS Big Sur 11.3 to Developers - Mac Rumors

Apple Seeds Eighth Beta of macOS Big Sur 11.3 to Developers amp nbsp amp nbsp Mac Rumors....

Shipping News Published 3y-1w-1d-23h-30m ago

Danaos Corporation Announces Consummation of Debt Refinancing

Danaos Corporation announced yesterday the consummation of its previously announced $1.25 billion refinancing of a substantial majority of its outstanding senior secured indebtedness. On April 12, 2021, the Company refinanced all of the outstanding indebtedness, which aggregated $1.3 billion as of D....

Hellenic Shipping News Published 3y-1w-1d-23h-38m ago

Euroseas Ltd. Announces New Charter For One Of Its Vessels, M/V “Joanna”

Euroseas Ltd., an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today a new time charter contract for its container vessel M/V “Joanna”. Specifically: M/V “Joanna”, a 1,732 TEU vessel built in 1999, entered into a new tim....

Hellenic Shipping News Published 3y-1w-2d-3h-38m ago

Dry Bulk Market in Best Annual Start in a Decade

The dry bulk market is enjoying its best annual start in a decade, thanks to a big rise in demand and supply chain disruptions. In its latest report, shipbroker Allied Shipbroking said that “with the first quarter of the year having come to a close, we can already see the exuberant aftermath of th....

Hellenic Shipping News Published 3y-1w-2d-19h-38m ago

7th International Symposium on Ship Operations, Management, and Economics Concluded Successfully

Pivoted into a virtual event, the 7th international Symposium on Ship Operations, Management, and Economics scheduled to take place on 6 amp 38 7 April 2021 was successfully concluded. During the 2 day program 2 inspiring keynote speeches and 16 presentations on the topics of Design amp 38 Fab....

Hellenic Shipping News Published 3y-1w-2d-19h-38m ago

Europe’s shipowners call for fair and ambitious carbon pricing proposal in ‘crunch time’ for the EU

An alliance of Greek and Swedish shipowners, along with Transport amp 038 Environment T amp 038 E , has called on the European Commission to put the ‘polluter pays principle’ at the core of its emissions trading system ETS proposal. In a letter to the Commission, the coalition demands tha....

Hellenic Shipping News Published 3y-1w-2d-19h-38m ago

ICS Statement Following The Passing Of John Angelicoussis

Esben Poulsson, Chairman of ICS said: “ICS offers its heartfelt condolences following the passing of John Angelicoussis. “Mr Angelicoussis was without doubt a giant, not only of Greek shipping, but of the global industry as well. Often referred to as a Titan, it is difficult to overstate his end....

Hellenic Shipping News Published 3y-1w-2d-23h-38m ago

Leading Greek Ship Owner, Ioannis Angelicoussis Passed Away

After a three week battle under hospital care, prominent shipowner Mr. Ioannis Angelicoussis, President of the Angelicoussis Shipping Group Ltd., passed away on Saturday evening. He has suffered a heart attack. In a statement by the Angelicoussis family and his daughter Maria, they thanked the medic....

Hellenic Shipping News Published 3y-1w-3d-19h-38m ago

Sri Lanka seeks US$17 million from Greek ship owner over oil spill

Sri Lanka on Friday Apr 9 lodged a claim for US$17.38 million with the Greek owners of an oil tanker that caught fire and left a spill stretching 40km off the South Asian island. The New Diamond vessel was travelling from Kuwait to India with 270,000 tonnes of crude oil on board last September whe....

Hellenic Shipping News Published 3y-1w-3d-23h-38m ago

Dry Bulk Market: Brazil’s Soybean Exports Driven by China’s Demand are Boosting Ton-Mile Demand

With dry bulk rates witnessing “boom” times, it’s worth taking a look at one of the important markets, i.e. Brazil and its exports of soybean. In its latest weekly report, shipbroker Banchero Costa said that “two weeks ago, we discussed soybean exports from the United States during 2020 and ....

Hellenic Shipping News Published 3y-1w-5d-19h-38m ago

Dry Bulk Market Dynamics Shifting

Demand for second hand dry bulk tonnage has been rising of late, with shipowners’ focus being the Handysize and Supramax sectors. In its latest weekly report, shipbroker Intermodal said that “following the end of the catholic easter, during which the majority of shipping market participants were....

Hellenic Shipping News Published 3y-1w-6d-19h-38m ago

PPA S.A. continues investments in Ship Repair Zone in Perama

PPA S.A. announces the approval of the tender evaluation regarding the amp 8220 Supply of two 2 double level luffing jib cranes for the activities of Ship Repair Zone in Perama in the framework of the Mandatory Enhancement M.E.06” for the amount of nearly 8 million euros. The super modern and ....

Hellenic Shipping News Published 3y-1w-6d-19h-38m ago

Ship Owners Reap Major Fees in the Demolition Market

The boosting of financial incentives by scrapyards over the past few weeks seems to have worked, as more and more tonnage becomes available for scrapping. In its latest weekly report, shipbroker Clarkson Platou Hellas that “after having seen some barren weeks in the recycling field, due to the imp....

Hellenic Shipping News Published 3y-2w-19h-38m ago

TOP Ships Inc. Announces Delivery of Suezmax M/T Eco West Coast

TOP Ships Inc., an international owner and operator of modern, fuel efficient amp 8220 ECO amp 8221 tanker vessels, announced today that it took delivery of the very high specification, scrubber fitted, 157,000 dwt newbuilding Suezmax vessel M/T Eco West Coast constructed at the Hyundai Heavy In....

Hellenic Shipping News Published 3y-2w-23h-38m ago


Fewer Deals Were Concluded Last Week in the S&P Market

A slight reduction was clear in the S amp 38 P market this past week, as Easter Holidays and Spring Break festivities were in full motion. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the overall activity momentum shifted slightly as of the past week....

Hellenic Shipping News Published 3y-2w-1d-19h-38m ago

Environmental Protection Engineering (EPE) S.A. partner with Datum Electronics

Datum Electronics’ Marine Shaft Power Meter is now available in Greece via global environmental experts EPE. The Datum Electronics’ Marine Shaft Power Meter has been developed to meet the requirements of the Commercial Marine Market, to provide on going power monitoring data on ships, including ....

Hellenic Shipping News Published 3y-2w-1d-19h-38m ago

Winners and Losers of the Suez Blockade

Certain sectors of the shipping industry are bound to benefit from the recent blockade of the Suez Canal which managed to clear the backlog of ships just this past weekend after almost two weeks of delays. The impact in freight rates is imminent. In its latest weekly report, shipbroker Intermodal sa....

Hellenic Shipping News Published 3y-2w-2d-19h-38m ago

Dry Bulk Market: The Handy Sector Fights Back

The smaller bulker segment used to be something of a “pariah” in the dry bulk market, with larger units attracting most of the investment interest and headlines. However, this trend seems to be reversing now. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a l....

Hellenic Shipping News Published 3y-2w-6d-19h-38m ago

Navios Maritime Partners L.P. Completes Acquisition of Navios Maritime Containers L.P.

Navios Maritime Partners L.P. announced that it completed the acquisition of Navios Maritime Containers L.P. “Navios Containers” NASDAQ: NMCI . As of the close of the market on March 31, 2021, Navios Containers’ common units were no longer listed for trading on NASDAQ. Angeliki Frangou, Cha....

Hellenic Shipping News Published 3y-2w-6d-23h-38m ago

Ship Owners Tempted By High Offers for Scrapping their Older Ships

The demolition market has finally seen some action after a few weeks of limited activity and lack of available tonnage. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “after having seen some barren weeks in the recycling field, due to the improving freight markets and ste....

Hellenic Shipping News Published 3y-3w-19h-38m ago

Performance Shipping Inc. Announces Initiation of Analyst Coverage by H.C. Wainwright & Co.

Performance Shipping Inc. NASDAQ: PSHG , the “Company” , a global shipping company specializing in the ownership of tankers, today announced that H.C. Wainwright amp 038 Co. has initiated analyst coverage of the Company with a “Buy” rating and US$11.00 price target. H.C. Wainwright is a....

Hellenic Shipping News Published 3y-3w-19h-38m ago

Inmarsat Signs Greece And Cyprus Representation Agreement With SRH Marine Electronics

Inmarsat, the world leader in global, mobile satellite communications, has signed an agreement with SRH Marine Electronics for SRH to provide formal representation for support to customers in Greece and Cyprus, whose Inmarsat Maritime contracts were purchased from Speedcast by Inmarsat at the beginn....

Hellenic Shipping News Published 3y-3w-19h-38m ago

Shipping ministry not given up on ferry link to Greece

Deputy Shipping Minister Vassilis Demetriades said on Tuesday the government had not given up on establishing a ferry link with Greece and was hoping the European Commission would allow better terms that would attract an investor after no bidders showed an interest in the original contract. Demetria....

Hellenic Shipping News Published 3y-3w-19h-39m ago

Ship Sales Booming as Owners Are Looking to Ride the Wave of Higher Rates

Activity in the S amp 38 P market is “sizzling hot” at the moment, with more owners entering the market for second hand tonnage. An improved freight rate market is seen as the main reason for this development. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bu....

Hellenic Shipping News Published 3y-3w-1d-19h-38m ago

Seanergy Maritime Holdings Corp. Acquires its 15th Capesize Vessel and Receives Bank Commitment Letter

Seanergy Maritime Holdings Corp. the “Company” NASDAQ: SHIP announced today that it has entered into a definitive agreement with an unaffiliated third party to purchase a modern Capesize vessel the “Vessel” . Upon delivery of this acquisition, as well as the previously announced vessel ....

Hellenic Shipping News Published 3y-3w-1d-19h-39m ago

Dry Bulk Market Enters “Bull Mode”: Is it Sustainable or a Self Fulfilling Prophecy?

The dry bulk market is prone to increased volatility. However, this time around, it seems that the market is gearing up for a new upward cycle. In its latest weekly report, shipbroker Allied Shipbroker said that “it has been more than a year since the COVID pandemic started a series of lockdown me....

Hellenic Shipping News Published 3y-3w-2d-19h-38m ago

Higher Vessel Utilization a Given, After Suez Canal Blockade

Further disruptions and delays in the global supply chain are a given, after the closure of the Suez Canal since last Tuesday. For most ship owners though, this development is expected to further boost their bottom lines. In its latest weekly report, shipbroker Gibson said that “since Tuesday, the....

Hellenic Shipping News Published 3y-3w-3d-19h-38m ago

The Shipping Industry is in the Spotlight

Regardless of the Suez Canal blockade which has stolen the headlines during the past few days, the maritime industry’s importance in the supply chain and the flow of commodities and goods around the world has been highlighted, perhaps in the most prominent way, during the pandemic. In its latest w....

Hellenic Shipping News Published 3y-3w-5d-18h-38m ago

Lack of Tonnage Still Plaguing the Demolition Market

A lack of tonnage has continued to plague the ships’ recycling market this week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as we turn the page on another week, the story remains repetitive as there continues a lack of tonnage supply due to the ever improving chart....

Hellenic Shipping News Published 3y-3w-6d-18h-38m ago

Navios Maritime Partners L.P. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2020

Navios Maritime Partners L.P. “Navios Partners” NYSE: NMM , an international owner and operator of dry cargo vessels, yesterday reported its financial results for the fourth quarter and year ended December 31, 2020. Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners sta....

Hellenic Shipping News Published 3y-3w-6d-18h-39m ago

TEN Ltd. Reported Net Income of $59.2 Million

TEN, Ltd. TEN reports results unaudited for the fourth quarter and the year ended December 31, 2020. FINANCIAL RESULTS FOR THE YEAR 2020 In 2020, TEN earned a net income of $59.2 million before non cash charges of $35.2 million, compared to $42.7 million net income in 2019 excluding non cash imp....

Hellenic Shipping News Published 3y-3w-6d-22h-38m ago

Globus Maritime Limited Announces the Acquisition of a 2018-Built “Eco” Kamsarmax Dry Bulk Carrier

Globus Maritime Limited, a dry bulk shipping company, announced that it has entered into, through a separate wholly owned subsidiary, an agreement with an unaffiliated third party to purchase a 2018 built “Eco” i.e., with certain fuel efficiency design features Kamsarmax vessel built by the Ji....

Hellenic Shipping News Published 3y-3w-6d-22h-38m ago

Chicago PD's Jesse Lee Soffer hints at more Halstead & Upton romance scenes - digitalspy.com

Chicago PD amp 39 s Jesse Lee Soffer hints at more Halstead amp Upton romance scenes amp nbsp amp nbsp digitalspy.com....

Shipping News Published 3y-4w-23h-48m ago

Dry Bulkers Are Selling “Like Hot Cakes”, While Newbuilding Orders Swell as Well

Newbuilding orders and sales in the secondhand market have intensified during the past week, as ship owners are preparing ahead of an expected boom in trade flows. In its latest weekly report, shipbroker Allied Shipbroking said that “it was a very active week in the newbuilding market, with severa....

Hellenic Shipping News Published 3y-4w-1d-18h-38m ago

Chinese Factor Boosting Container Shipping and Dry Bulk

An economic resurgence of China has been enough to propel the container and dry bulk markets forward. In its latest weekly report, shipbroker Allied Shipbroking said that “China’s surging economic activity has been the main story thus far in the year, with the increased industrial output and rev....

Hellenic Shipping News Published 3y-4w-2d-18h-38m ago

A new era begun at the Piraeus Container Terminal through the first ever private mobile network delivered by Vodafone in Greece on behalf of PPA and PCT

Vodafone Business ushered in a new era for the Piraeus Container Terminal, which promises cutting edge technologies and new, unlimited possibilities for the country amp 8217 s largest port. Acting as a catalyst in Greece’s technology and telecommunications, Vodafone designed, built, and delivered....

Hellenic Shipping News Published 3y-4w-2d-18h-38m ago

Dorian LPG (DK) ApS signs contract to install Kongsberg Digital’s Vessel Insight on LPG Carrier fleet

Kongsberg Digital announced today that Dorian LPG DK ApS, a subsidiary of Dorian LPG Ltd. Dorian , which is a leading owner and operator of modern VLGCs, has contracted to install Vessel Insight to its entire fleet of 22 LPG carriers. By installing Vessel Insight, Dorian is consolidating collecti....

Hellenic Shipping News Published 3y-4w-2d-18h-39m ago

Are Carbon Capture Ships The Future?

The shipping industry, together with engine manufacturers and oil companies are actively pursuing new technologies to reach the environmental goals set forth by global regulators. Within that context, one of the technologies which could be groundbreaking, is that of carbon capture. In its latest wee....

Hellenic Shipping News Published 3y-1mo-18h-38m ago

Seanergy Maritime Holdings Corp. to Acquire Two Additional Capesize Vessels

Seanergy Maritime Holdings Corp. announced that it has entered into agreements with unaffiliated third parties to purchase two Capesize vessels. Following their delivery, the size of the Company’s fleet will increase to 14 Capesize vessels with an aggregate cargo capacity of approximately 2.5 mill....

Hellenic Shipping News Published 3y-1mo-3d-18h-38m ago

Euroseas Ltd. Announces New Charters for Two of Its Vessels, M/V “Synergy Busan” and M/V “EM Kea”

Euroseas Ltd. NASDAQ: ESEA, the “Company” or “Euroseas” , an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today the extension of the charter of its container vessels M/V “EM Kea” and a new time charter contract for ....

Hellenic Shipping News Published 3y-1mo-4d-2h-38m ago

Ship Owners Turn to S&P Market for More Tonnage

Dry bulk tonnage is a “hot commodity” right now, as ship owners are opting to add more tonnage in their fleet, in anticipation of improved market fundamentals moving forward. In its latest weekly report, shipbroker Allied Shipbroking said that “a moderate activity was witnessed in the newbuild....

Hellenic Shipping News Published 3y-1mo-4d-18h-38m ago

Diana Shipping Inc. Announces the Sale of a Panamax Dry Bulk Vessel, the m/v Naias

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that on March 16, 2021 it signed, through a separate wholly owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2006 built vessel “Naias”, with de....

Hellenic Shipping News Published 3y-1mo-4d-22h-38m ago

Star Bulk Carriers Corp. Announces Closing of Acquisition of 6 Dry Bulk Vessels From Eneti Inc.

Star Bulk Carriers Corp. the amp 8220 Company amp 8221 or amp 8220 Star Bulk amp 8221 Nasdaq: SBLK a global shipping company focusing on the transportation of dry bulk cargoes announced yesterday that it has taken delivery of six dry bulk vessels pursuant to the previously announced tran....

Hellenic Shipping News Published 3y-1mo-4d-22h-38m ago

Ship Repair Sector Returns to Normalcy

The ship repair sector faced significant disruptions during most of 2020, as a result of the pandemic. However, things are starting to normalize as both owners and yards have adapted to the new challenges. In its latest weekly report, shipbroker Intermodal said that “assessing the ship repair sect....

Hellenic Shipping News Published 3y-1mo-6d-18h-38m ago

Marvel unveils Loot Crate set with Black Panther surprises - digitalspy.com

Marvel unveils Loot Crate set with Black Panther surprises amp nbsp amp nbsp digitalspy.com....

Shipping News Published 3y-1mo-1w-5h-39m ago

India’s Crude Import Strategy to Benefit the Tanker Market

An increase in ton mile demand is to be expected from news mid week, that India is looking to change its crude import strategy. In its latest weekly report, shipbroker Gibson commented on the matter that “India is in a unique position. The country will witness the largest increase in energy demand....

Hellenic Shipping News Published 3y-1mo-1w-18h-38m ago

Tanker Market Improved During February

The tanker market fared better during the month of February. According to the latest monthly report from OPEC, issued this week, dirty tanker rates picked up in February, as a more than 20% increase in both Suezmax and Aframax spot freight rates outpaced a 6% decline in VLCCs. Weather was a key fact....

Hellenic Shipping News Published 3y-1mo-1w-2d-18h-38m ago

No Respite for Tanker Owners Until the Second Half of 2021

All hope for the tanker market’s recovery is rested on the second half of the year, when oil demand is expected to rebound considerably. In its latest weekly report, shipbroker Allied Shipbroking said that “the uninspiring freight scene in the crude oil tanker market has persisted for a very lon....

Hellenic Shipping News Published 3y-1mo-1w-3d-18h-38m ago

VANOS & TÜV HELLAS: A new series of training programs for Safety and Health at Work

The purpose of the new educational programs jointly organized by VANOS S.A. and TÜV HELLAS is to inform the participants of current issues of extreme importance, concerning the safety and health of the employees. These programs, which take into account the new data created by the coronavirus pandem....

Hellenic Shipping News Published 3y-1mo-1w-3d-18h-39m ago

Diana Shipping Inc. Announces Time Charter Contracts for m/v San Francisco with Olam and m/v Aliki with Solebay

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly owned subsidiary, it has entered into a time charter contract with Olam International Limited, Singapore, for one of its Newcastlemax dry bulk vessels, th....

Hellenic Shipping News Published 3y-1mo-1w-3d-22h-38m ago

Demand Improves in the Demolition Market

The ships’ recycling market has perked up considerably over the course of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the market finally sparked back into some life this week with demand from Pakistan being the driving force behind this latest resurge....

Hellenic Shipping News Published 3y-1mo-1w-4d-18h-38m ago

“20th NAVIGATOR – The Shipping Decision Makers Forum”

NAVIGATOR SHIPPING CONSULTANTS proudly announces the organization of the “20th NAVIGATOR – The Shipping Decision Makers Online Week”, which will be held virtually during the period 12th to 16th amp 038 19th April 2021. «NAVIGATOR amp 8211 The Decision Makers Forum», one of the most tra....

Hellenic Shipping News Published 3y-1mo-1w-4d-22h-38m ago

ABS and Diana Shipping Services S.A. Embark on Pioneering Digital Environmental Journey

ABS has signed a pioneering agreement with Diana Shipping Services S.A. DSS to implement the industry leading ABS Environmental Monitor™ digital sustainability solution across 31 vessels under its management. A key part of the ABS My Digital Fleet™ risk management platform, ABS Environmental M....

Hellenic Shipping News Published 3y-1mo-1w-5d-6h-38m ago

Diana Shipping Services S.A. to Employ Digital Sustainability Solution to Monitor Environmental Performance of Vessels

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that its wholly owned subsidiary, Diana Shipping Services S.A. “DSS” , has signed an agreement with American Bureau of Shipping “ABS” to implement the ABS Environmental Monito....

Hellenic Shipping News Published 3y-1mo-1w-5d-18h-38m ago

Lloyd’s Register’s Hellenic Advisory Committee convenes virtually to address future fuel challenges and sustainability in the maritime industry

Key Greek shipping representatives were joined by recently appointed LR executives to discuss how the industry can navigate the drive to decarbonise and energy efficiency challenges. The Lloyd’s Register LR Hellenic Advisory Committee HAC 2021 was held in a digital format and provided a forum ....

Hellenic Shipping News Published 3y-1mo-1w-5d-18h-38m ago

“Let’s talk” about our mental health

Seafarers onboard often face mental health related challenges, as isolation, loneliness, lack of shore leave, fear of criminalization, fear of job loss and separation from family can affect their mental health. We all have similar influences that impact our state of mental health and we should ideal....

Hellenic Shipping News Published 3y-1mo-1w-5d-22h-38m ago

Mid-Sized Bulkers To Benefit From Post-COVID Recovery

With the global economy and trade expected to develop rapidly in the post pandemic period, shipbrokers expect that the dry bulk market and more specifically, freight rates for mid sized bulkers could be the main beneficiaries. In its latest weekly report, shipbroker Intermodal said that “following....

Hellenic Shipping News Published 3y-1mo-1w-6d-18h-38m ago

ThPA S.A.: The 1st Greek Port certified with ISO 45001:2018

ThPA S.A. received the certification of compliance with the international standard ISO 45001:2018 for the management of Health amp 038 Safety after a thorough and demanding inspection carried out by the independent certification body Bureau Veritas. The Port of Thessaloniki is the 1st Greek Port ....

Hellenic Shipping News Published 3y-1mo-1w-6d-22h-38m ago

Seaborne Coal Trade Took a Major Hit in 2020

Seaborne coal trade was one of the major “losers” of 2020, as total loadings fell significantly as a result of lower demand. In a recent weekly report, shipbroker Banchero Costa said that “2020 proved to be a truly terrible year for seaborne coal trade. Total loadings in the 12 months of 2020 ....

Hellenic Shipping News Published 3y-1mo-2w-2d-18h-38m ago

Performance Shipping Inc. Anticipates Tanker Market Recovery After Fourth Quarter Losses

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, Friday reported a net loss and net loss from continuing and discontinued operations attributable to common stockholders of $2.5 million for the fourth quarter of 2020, compared to a net loss and net....

Hellenic Shipping News Published 3y-1mo-2w-2d-18h-38m ago

Freight Market Vs Commodities Rally: A Match Made In Heaven?

Shipping shouldn’t get too carried away by the bullish sentiment which is prevalent in the commodities markets these days, amid talk of a new “super cycle”. Sustainability of demand is of paramount importance when it comes to maintaining an upward momentum in the freight market. In its latest ....

Hellenic Shipping News Published 3y-1mo-2w-3d-18h-38m ago

Seanergy Maritime Holdings Corp. Announces Full Prepayment of a Senior Credit Facility and Reduction of Junior Facilities Resulting in Significant Cashflow Benefit

Seanergy Maritime Holdings Corp. announced yesterday that it has come to an agreement with one of its lenders, Entrust Global, for the early prepayment of a credit facility secured by a first priority mortgage on one of its Capesize vessels, the M/V Lordship the “Facility” . The outstanding bal....

Hellenic Shipping News Published 3y-1mo-2w-3d-18h-39m ago

Globus Maritime Announces New Charter for the M/V Sky Globe

Globus Maritime Limited, a dry bulk shipping company, announced today that it has secured a new charter employment for its vessel MV. Sky Globe a 56,855 deadweight ton Supramax dry bulk carrier built in 2009, at the Kouan Shipbuilding Industry Shipyard . The vessel has been chartered to an unrelate....

Hellenic Shipping News Published 3y-1mo-2w-3d-22h-39m ago

Star Bulk Carriers Corp. Announces Acquisition of Two Resale Modern High Specification Kamsarmax Vessels

Star Bulk Carriers Corp. the amp 8220 Company amp 8221 or amp 8220 Star Bulk amp 8221 Nasdaq: SBLK a global shipping company focusing on the transportation of dry bulk cargoes, announced today that it has entered into a definitive agreement with a third party pursuant to which the Compan....

Hellenic Shipping News Published 3y-1mo-2w-4d-2h-38m ago

Lack of Tonnage Prevalent in the Demolition Market

A lack of tonnage is becoming evident in the ship recycling market, as the firming up of the freight market has limited selling opportunits among ship owners. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with owners still enjoying the fruits of the continued firm freig....

Hellenic Shipping News Published 3y-1mo-2w-4d-18h-38m ago

Performance Shipping Inc. Announces Results of 2021 Annual Meeting of Shareholders

Performance Shipping Inc., a global shipping company specializing in the ownership of tankers, today announced that the Company’s Annual Meeting of Shareholders the “Meeting” was duly held on February 25, 2021, in a virtual format only via the Internet, pursuant to a Notice of Annual Meeting....

Hellenic Shipping News Published 3y-1mo-2w-4d-22h-38m ago

Newbuilding Orders Pick Up Pace

Ship owners have been more active in the newbuiding market after China’s return from its New Year festivities. In its latest weekly report, shipbroker Allied Shipbroking said that “interest remained strong for yet another week in the newbuilding market, but with a relatively small number of tran....

Hellenic Shipping News Published 3y-1mo-2w-5d-18h-38m ago

Trade Agreements Could Offer Additional Boost to the Shipping Markets

With the past four years being marred by various trade frictions, the US China being the biggest one, it’s expected that trade flows could start to normalize, with new agreements in the works able to shift and even enhance flows in the future. In a recent weekly note, shipbroker Allied Shipbroking....

Hellenic Shipping News Published 3y-1mo-2w-6d-18h-38m ago

Israel clears Greek tanker over Mediterranean oil spill

Israeli authorities said Sunday they had cleared a Greek tanker of suspicion in relation to an oil spill that caused massive tar pollution on the Mediterranean coastline, devastating marine life. It is seen as Israel amp 8217 s worst maritime pollution incident in decades. Powerful winds and unusua....

Hellenic Shipping News Published 3y-1mo-3w-22h-38m ago

Tanker owner expects “challenging months ahead” for the market

The tanker market is expected to keep facing headwinds, at least for the next few months. In a market analysis by ship owner Teekay Tankers this week, it was noted that “crude tanker spot rates declined during the fourth quarter of 2020, due to a combination of lower oil demand as a result of COVI....

Hellenic Shipping News Published 3y-1mo-3w-2d-18h-38m ago

Diana Shipping Inc. Announces Time Charter Contract for M/V Ismene

Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly owned subsidiary, it has entered into a time charter contract with Tongli Shipping Pte. Ltd., for one of its Panamax dry bulk vessels, the m/v Ismene. The ....

Hellenic Shipping News Published 3y-1mo-3w-2d-18h-39m ago

The Piraeus Port Users’ Council convened

The 1st meeting for this year of the Piraeus Port Users’ Council was held via teleconference, on Thursday 25.02.2021, as provided by the article 104 of Law 4504/2017, under the chairmanship of the Deputy CEO of PPA S.A. Mr. Angelos Karakostas. The meeting attended 20 representatives from 16 instit....

Hellenic Shipping News Published 3y-1mo-3w-2d-22h-38m ago

Listed Dry Bulk Shipping Companies Revel in the Limelight

Dry bulk ship owners are once again enjoying a bit of “love” from investors, as the dry bulk market has managed to escape any potential impact from the pandemic, going from strength to strength. In its latest weekly report, shipbroker Intermodal said that “with yields of up to 563%, the shares....

Hellenic Shipping News Published 3y-1mo-3w-3d-18h-38m ago

Stealthgas Inc. Says Market Turbulence Could Last Throughout 2021, as Company Reports Steady 2020 Revenues of $145 Million

STEALTHGAS INC. NASDAQ: GASS , a ship owning company primarily serving the liquefied petroleum gas LPG sector of the international shipping industry, announced today its unaudited financial and operating results for the twelve months ended December 31, 2020. OPERATIONAL AND FINANCIAL HIGHLIGHTS1 ....

Hellenic Shipping News Published 3y-1mo-3w-3d-18h-38m ago

Ship Recycling Activity on Hold

The ship recycling market was halted over the past week, as holidays in the Far East meant a lull in sales. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with the holidays in the Far East continuing into this week, the market was never able to get off the ground as a ......

Hellenic Shipping News Published 3y-1mo-3w-4d-18h-38m ago

Hamilton launches new Funko Pop collection - how to buy - digitalspy.com

Hamilton launches new Funko Pop collection how to buy amp nbsp amp nbsp digitalspy.com....

Shipping News Published 3y-1mo-3w-5d-2h-16m ago

Dry Bulk Tonnage in High Demand

A bullish sentiment is prevalent in the dry bulk market, leading to an increased demand for second hand tonnage. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the market seems to be overflowing with bullish sentiment at this point. Overall activity was....

Hellenic Shipping News Published 3y-1mo-3w-5d-18h-38m ago

Another one bites the dust: LNG shipping’s GasLog to delist

More shipowners have come to Wall Street than have left over the past half decade. Yet most of the new arrivals have been micro cap stocks and some of the recent departures have been big names. On Monday, liquefied natural gas LNG shipping giant GasLog Ltd. NYSE: GLOG announced plans to go priva....

Hellenic Shipping News Published 3y-1mo-3w-5d-18h-38m ago

Diana Shipping Inc. Announces Management Succession

Diana Shipping Inc. NYSE: DSX , the “Company” , a global shipping company specializing in the ownership of dry bulk vessels, today announced that its Board of Directors has approved a series of senior management appointments intended to provide for an orderly succession and to ensure the conti....

Hellenic Shipping News Published 3y-1mo-3w-6d-2h-38m ago

GasLog Partners LP Reports Financial Results for the Three-Month Period and the Year Ended December 31, 2020

GasLog Partners LP, an international owner and operator of liquefied natural gas “LNG” carriers, yesterday reported its financial results for the three month period and the year ended December 31, 2020. Highlights • Following the completion of the Partnership’s strategic review, GasLog Par....

Hellenic Shipping News Published 3y-1mo-3w-6d-6h-38m ago

GasLog Ltd. Reports Fourth Quarter Profit of $45.9 Million

GasLog Ltd. and its subsidiaries, an international owner, operator and manager of liquefied natural gas “LNG” carriers, reported its financial results for the three month period and the year ended December 31, 2020. Highlights • Announces agreement for the acquisition of approximately 45% of....

Hellenic Shipping News Published 3y-1mo-3w-6d-18h-38m ago

Diana Shipping Inc. Reports 2020 Net Loss of $134.2 Million on Impairment Loss

Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, today reported a net loss of $7.4 million and net loss attributed to common stockholders of $8.9 million for the fourth quarter of 2020, including a $1.9 million impairment loss. This compares to a net l....

Hellenic Shipping News Published 3y-1mo-3w-6d-18h-38m ago

MSc in International Shipping, Finance and Management (ISFM)

The Interdepartmental MSc in International Shipping, Finance and Management ISFM comprises a unique combination of the three knowledge areas, which are essential for those employed or are interested to find work in the International Shipping industry. This is achieved through a modern, well struct....

Hellenic Shipping News Published 3y-1mo-3w-6d-22h-38m ago

GasLog Ltd. Announces Take Private Transaction with BlackRock’s Global Energy & Power Infrastructure Team

GasLog Ltd. announced that it has entered into an agreement and plan of merger the “Merger Agreement” with BlackRock’s Global Energy amp 038 Power Infrastructure team collectively, “GEPIF” , which is focused on essential, long term infrastructure investments in the energy and power s....

Hellenic Shipping News Published 3y-1mo-3w-6d-22h-38m ago

Seanergy Maritime Holdings Corp. Announces Successful Completion of Previously Announced Oversubscribed Equity Offering and of Financial Restructuring

Seanergy Maritime Holdings Corp. announced today the successful completion of the registered direct offering priced at the market the “Offering” announced on February 16, 2021 and the successful closing of the documentation for the $179 million financial restructuring previously announced on J....

Hellenic Shipping News Published 3y-2mo-18h-39m ago

Qatar’s LNG Exports Remain a Major Play in the Market

The Pacific Basin proved to be the major driving force behind Qatar’s LNG exports. In its latest weekly report, shipbroker Banchero Costa said that “in the 12 months of 2020, global seaborne LNG trade increased marginally by +1.2% year on year to 362 mln tonnes, according to vessel tracking data....

Hellenic Shipping News Published 3y-2mo-2d-18h-38m ago

Weekend magazine sale now live from $5/yr.: Architectural Digest, Wired, GQ, more - 9to5Toys

Weekend magazine sale now live from $5/yr.: Architectural Digest, Wired, GQ, more amp nbsp amp nbsp 9to5Toys....

Shipping News Published 3y-2mo-2d-21h-28m ago

Shipping Ready to Capitalize on Commodities’ Latest “Supercycle”

The shipping industry is in a prime position to reap any benefits that come its way, from the latest surge in commodities’ prices. In its latest weekly report, shipbroker Allied Shipbroking said that “there has been a flurry of talks this week as to the bullish prospects many see through the com....

Hellenic Shipping News Published 3y-2mo-3d-18h-38m ago

Cobham SATCOM appoints Tototheo Maritime as its new authorized agent and service partner in Greece

Cobham SATCOM, the market leading provider of radio and satellite communications solutions, has appointed long term partner Tototheo Maritime, a leading maritime technology and services provider, to be its representative in Greece. Tototheo has been the exclusive authorized agent and service partner....

Hellenic Shipping News Published 3y-2mo-3d-18h-38m ago

Globus Maritime Limited Announces Closing of $30.0 Million Registered Direct Offering and the Agreement to Acquire a 2011-Built Kamsarmax Dry Bulk Carrier

Globus Maritime Limited the “Company” or amp 8220 Globus amp 8221 NASDAQ: GLBS , a dry bulk shipping company, announced today that on February 17, 2021 it closed the previously announced registered direct offering of 4.8 million common shares or pre funded warrants in lieu thereof and w....

Hellenic Shipping News Published 3y-2mo-3d-22h-38m ago

Lock-in 2-yrs. of Dwell magazine for just $9 shipped today (Reg. $40) + more - 9to5Toys

Lock in 2 yrs. of Dwell magazine for just $9 shipped today Reg. $40 + more amp nbsp amp nbsp 9to5Toys....

Shipping News Published 3y-2mo-4d-40m ago

Theo Xenakoudis Celebrates 20 Years with IRI

When Theo Xenakoudis joined IRI in 2001, the Piraeus office was only 4 strong, and was led by Captain John Giannopoulos, together with Theo’s father, Captain Costas Xenakoudis. The office focused on processing seafarers’ documentation and licensing, as well as conducting ships’ inspections in ....

Hellenic Shipping News Published 3y-2mo-4d-6h-38m ago

Newbuilding Ordering Activity Shows No Signs of Slowing Down

Ship owners are feeling more confident in terms of contracting more newbuildings, as evidenced by the activity of the past few weeks. In its latest weekly report, shipbroker Allied Shipbroking said that “despite being in the midst the peak period of the Chinese New Year Festivities, which is typic....

Hellenic Shipping News Published 3y-2mo-4d-18h-38m ago

Pyxis Tankers Announces $25.0 Million Private Placement of Common Stock

Pyxis Tankers Inc., an emerging growth pure play product tanker company, today announced that it has entered into definitive securities purchase agreements with a group of investors, which will result in gross proceeds to Pyxis Tankers of $25.0 million, before deducting placement offering expenses. ....

Hellenic Shipping News Published 3y-2mo-4d-18h-38m ago

EuroDry Ltd. Looking Forward To Strong Dry Bulk Market in 2021, As Fundamentals Keep Improving

EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three and twelve month periods ended December 31, 2020. Full Year 2020 Highlights: • Total net revenues of $22.3 million. • Net loss of $5.9 mi....

Hellenic Shipping News Published 3y-2mo-4d-18h-38m ago

Danaos Corporation Rides the Container Market’s Turnaround

Danaos Corporation, one of the world’s largest independent owners of containerships, today reported unaudited results for the fourth quarter and the year ended December 31, 2020. Highlights for the Fourth Quarter and Year Ended December 31, 2020: • Adjusted net income1 of $47.8 million, or $2.29....

Hellenic Shipping News Published 3y-2mo-4d-18h-38m ago

Seanergy Maritime Holdings Corp. Announces Pricing of $75 Million Common Share Offering Priced At-The-Market

Seanergy Maritime Holdings Corp. the “Company” NASDAQ: SHIP announced today that it has entered into a securities purchase agreement with certain unaffiliated institutional investors to purchase approximately 44,150,000 of its common shares the “Common Shares” at a price of $1.70 per s....

Hellenic Shipping News Published 3y-2mo-5d-2h-38m ago

Ship Recycling Market Expected to Firm Up

The ship recycling market is predicted to accelerate in terms of activity during the coming weeks. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “there is hope that a more bullish market may come into play following rumours that the Chinese Government may decide to impor....

Hellenic Shipping News Published 3y-2mo-5d-18h-38m ago

ZeroNorth opens office in Greece to further support maritime digitalisation

Maritime technology company ZeroNorth has today announced it has opened a new office in Piraeus, Greece, to further its aim to support more ship owners and operators to digitalise and decarbonise their operations. The new office is an important expansion for ZeroNorth and signifies the role of Greek....

Hellenic Shipping News Published 3y-2mo-5d-18h-38m ago

Seanergy Maritime Holdings Corp. Announces Agreement to Acquire an Additional Capesize Vessel

Seanergy Maritime Holdings Corp. announced yesterday that it has entered into a definitive agreement with an unaffiliated third party to purchase a Capesize vessel the “Vessel” . The Vessel was built in 2006 at a reputable shipyard in Japan, has a cargo carrying capacity of approximately 177,00....

Hellenic Shipping News Published 3y-2mo-5d-18h-38m ago

Piraeus Container Terminal – Adverse Weather Conditions

Please be informed that the port of Piraeus in Greece currently suffers from bad weather conditions with strong north winds, low temperature, snowfall, and ice during the night hours, since the afternoon of Sunday, February 14th, 2021. Additionally, as reported by the terminal operator, a complete s....

Hellenic Shipping News Published 3y-2mo-5d-22h-38m ago

Safe Bulkers, Inc. Expects Improvement in Profitability

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and twelve months period ended December 31, 2020. Management Commentary Dr. Loukas Barmparis, President of the Company, said: amp 8221 Having a consisten....

Hellenic Shipping News Published 3y-2mo-6d-6h-38m ago

Dry Bulk Tonnage Pricing: Finding Value in the Market

A lack of correction in terms of the dry bulk market during most of January, has led to asset prices retaining their high values. Contrary to past years, when January usually was a “lackluster” month freight rate wise, this time around was different. As a result pricing for secondhand tonnage re....

Hellenic Shipping News Published 3y-2mo-6d-18h-38m ago

Seanergy Maritime Holdings Corp. Regains Compliance with Nasdaq Minimum Bid Price Requirement

Seanergy Maritime Holdings Corp. announced that the Nasdaq Stock Market has confirmed that the Company has regained compliance with Nasdaq Listing Rule 5550 a 2 concerning the minimum bid price of the Company’s common stock and the matter is now closed. Seanergy Maritime Holdings Corp. is the on....

Hellenic Shipping News Published 3y-2mo-1w-22h-38m ago

Tanker Market: A Dire Start to the New Year

The tanker market has faced a torrid start to 2021, with a lackluster performance. In its latest monthly report, OPEC said that dirty tanker rates remained at muted levels in January, below operational costs in some cases, although rates from West Africa picked up. A host of factors have weighed on ....

Hellenic Shipping News Published 3y-2mo-1w-2d-18h-38m ago

Is a Dry Bulk Market Rebound Around the Corner?

With the Chinese New Year holidays in full swing, dry bulk market analysts are wondering whether the freight market will manage to regain its upwards momentum, once the Chinese economy gets back to work. In its latest weekly report, shipbroker Allied Shipbroking said that “throughout the pandemic,....

Hellenic Shipping News Published 3y-2mo-1w-3d-18h-38m ago

More Newbuildings and Second Hand Tonnage Traded this Past Week

Newbuilding orders picked up over the past week, while many ship owners also opted for more secondhand tonnage. In its latest weekly report, shipbroker Allied Shipbroking said that “a moderate rise in activity was seen this past week, without any impressive figures though being noted. In the dry b....

Hellenic Shipping News Published 3y-2mo-1w-4d-18h-38m ago

ThPA S.A.: 2 new STS cranes specially designed for the Port of Thessaloniki

ThPA S.A. announces the purchase of two 2 new, specially designed STS Cranes Ship To Shore Cranes for the Port of Thessaloniki in order to further increase its competitive geographical advantage for intermodal transports to and from South East Europe. With the acquisition of the new equipment, T....

Hellenic Shipping News Published 3y-2mo-1w-4d-18h-38m ago

Google News Showcase Launches in Argentina and the UK - MacRumors

Google News Showcase Launches in Argentina and the UK amp nbsp amp nbsp MacRumors....

Shipping News Published 3y-2mo-1w-5d-4h-15m ago

Shipbreaking Industry Receives a Boost

Structural changes in the shipbreaking industry in the Southeast Asia region are about to provide additional support to the demolition market. In its latest weekly report, the shipbroker Clarkson Platou Hellas said that “the budget announcement from India this week brought some positive news towar....

Hellenic Shipping News Published 3y-2mo-1w-5d-18h-38m ago

Seanergy Maritime Holdings Corp. Successfully Completes Fleet Compliance Evaluation for the Upcoming Greenhouse Gas Regulation

Seanergy Maritime Holdings Corp. announced today that it has successfully completed the evaluation of the Energy Efficiency Existing Ship Index “EEXI” of its Capesize vessels. IMO is targeting a 50% reduction in Greenhouse Gas “GHG” emissions from international shipping by 2050, compared....

Hellenic Shipping News Published 3y-2mo-1w-5d-18h-38m ago

GasLog Partners LP Announces Appointment of Director

GasLog Partners LP announced yesterday that it has appointed Roland Fisher as Independent Director to the Partnership’s Board of Directors the “Board” , effective immediately. Roland Fisher is the founder of Gasfin Development, a company recognized for pioneering mid scale LNG infrastructure ....

Hellenic Shipping News Published 3y-2mo-1w-5d-18h-39m ago

Diana Shipping Inc. Announces Time Charter Contract for m/v Protefs

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly owned subsidiary, it has entered into a time charter contract with Reachy International HK Co., Limited, for one of its Panamax dry bulk vessels, the m/....

Hellenic Shipping News Published 3y-2mo-1w-5d-22h-38m ago

You may be spending too much on Apple subscriptions — here's how to fix that - CNBC

You may be spending too much on Apple subscriptions — here amp 39 s how to fix that amp nbsp amp nbsp CNBC....

Shipping News Published 3y-2mo-1w-5d-22h-41m ago

Star Wars unveils hilarious new Tiki mugs with Luke Skywalker - digitalspy.com

Star Wars unveils hilarious new Tiki mugs with Luke Skywalker amp nbsp amp nbsp digitalspy.com....

Shipping News Published 3y-2mo-1w-6d-17h-59m ago

Dry Bulk Fleet Down By 200 Units in 12 Months

The dry bulk market could be set for a sustainable rebound in the coming months and years, if the existing fundamentals are maintained. In its latest weekly report, shipbroker Intermodal said that “2020 the year from hell for the entire world, had everything for shipowners. The introduction of the....

Hellenic Shipping News Published 3y-2mo-1w-6d-18h-38m ago

VLCCs Shouldn’t Expect Much When it Comes to US Gulf Export Prospects

The VLCC tanker market shouldn’t have high hopes, when it comes to more capacity for crude oil exports from the US market. In its latest weekly report, shipbroker Gibson said that “with everything the pandemic has thrown at the oil industry, the last time we took a serious look at US VLCC export....

Hellenic Shipping News Published 3y-2mo-2w-18h-38m ago

This week’s top stories: New features in iOS 14.5, the latest on Apple Car, and much more - 9to5Mac

This week’s top stories: New features in iOS 14.5, the latest on Apple Car, and much more amp nbsp amp nbsp 9to5Mac....

Shipping News Published 3y-2mo-2w-23h-3m ago

EU Crude Oil Imports Took a Dive in 2020, As the Pandemic Raged

As the pandemic raged during 2020, EU’s crude oil imports took a dive. In its latest weekly report, shipbroker Banchero Costa said that “in 2020, Europe emerged as one of the pre eminent epicentres of the COVID19 crisis. The lockdowns taking place in most of the continent are having a devastatin....

Hellenic Shipping News Published 3y-2mo-2w-2d-18h-38m ago

The 2nd Stage of the Tender for the Expansion of Pier 6 is completed

The submission of binding financial and technical offers for the 2nd Stage – Call for Bids for the selection of the contractor for the project “Expansion of the Marine Works Infrastructure of Pier 6 completed today, Friday 5th of February 2021 at 15:00. This project is the most important part of....

Hellenic Shipping News Published 3y-2mo-2w-2d-18h-38m ago

SSL Endeavour Greece & Cyprus Officially Rebranded As OneGlobal Broking

SSL Endeavour in Greece amp 038 Cyprus has now officially rebranded to OneGlobal Insurance Broking Ltd in full alignment with the Group’s businesses globally. The name OneGlobal mirrors the global reach of the business and the one amp 8211 team mindset that they bring to their clients no mat....

Hellenic Shipping News Published 3y-2mo-2w-3d-6h-39m ago

Ship Owners Load Up with Bulkers, as Transactions More Than Doubled Versus Similar Month of 2020

Dry bulk carriers have been the “weapon of choice” for many ship owners. In its latest weekly report, shipbroker Allied Shipbroking said that “the year has started off on a very strong footing, with the sale and purchase market having rallied in recent weeks with a strong volume of activity em....

Hellenic Shipping News Published 3y-2mo-2w-3d-18h-38m ago

Hands-on: macOS 11.3 beta 1 changes and features [Video] - 9to5Mac

Hands on: macOS 11.3 beta 1 changes and features Video amp nbsp amp nbsp 9to5Mac....

Shipping News Published 3y-2mo-2w-4d-1h-30m ago

Ship Owners Looking for More Dry Bulk Tonnage

Ship owners have turned to the S amp 38 P Market this week, in order to add more dry bulk tonnage to their fleet. At the same time, newbuilding activity is expected to increase as well, thanks to improving freight rate market conditions and stable prices. In its latest weekly report, shipbroker All....

Hellenic Shipping News Published 3y-2mo-2w-4d-18h-38m ago

Dorian LPG Ltd. to Commence Tender Offer to Repurchase Up to $100 Million of its Common Shares

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers amp 8220 VLGCs amp 8221 , announced that it will today commence a tender offer to purchase up to 7,407,407, or about 14.8%, of its outstanding common shares using funds available from cash and cash equivalents at a ....

Hellenic Shipping News Published 3y-2mo-2w-4d-18h-39m ago

Dorian LPG Ltd. Announces Third Quarter Fiscal Year 2021 Financial Results and $100 Million Self Tender Offer

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers amp 8220 VLGCs amp 8221 , reported its financial results for the three months ended December 31, 2020. Key Recent Development • Announced that we will commence a tender offer to purchase up to 7.4 million, or abou....

Hellenic Shipping News Published 3y-2mo-2w-4d-22h-38m ago

Star Bulk Carriers Corp. Announces a Seven Vessel Transaction With Scorpio Bulkers Inc.

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes announced yesterday that it has entered into an agreement with SCORPIO BULKERS INC. “Scorpio” NYSE: SALT to acquire seven vessels the “Vessels” , by assuming the outstanding lease obli....

Hellenic Shipping News Published 3y-2mo-2w-5d-6h-38m ago

The Pandemic’s Latest Wave of Infections Hits Demolition Activity

Adverse sentiment has taken a toll in the demolition market this week. In its latest weekly report, Clarkson Platou Hellas said that “it has been a sluggish week with many buyers feeling reluctant to offer on tonnage as the Global distress currently being experienced due to the Pandemic continues ....

Hellenic Shipping News Published 3y-2mo-2w-5d-18h-38m ago

Greensteam Acquires The Assets Of Enerforce To Enhance AI Services For The Maritime Industry

GreenSteam Vessel Optimisation Ltd., developers of vessel performance optimisation solutions for a sustainable shipping industry, has acquired the assets of Greece based maritime software specialist Enerforce Solutions and Consulting Ltd to diversify and enhance its product offering driven by Libert....

Hellenic Shipping News Published 3y-2mo-2w-5d-18h-39m ago

Diana Shipping Inc. Announces Final Results of Self Tender Offer for Shares of Common Stock

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced the final results of its tender offer to purchase up to 6,000,000 shares of its common stock, par value of US$0.01 per share the amp 8220 common stock amp 8221 , at a price of US$2.50 per....

Hellenic Shipping News Published 3y-2mo-2w-5d-18h-39m ago

What’s new in macOS 11.3? Sorting in Reminders app, Safari customizations, more [U] - 9to5Mac

What’s new in macOS 11.3 Sorting in Reminders app, Safari customizations, more U amp nbsp amp nbsp 9to5Mac....

Shipping News Published 3y-2mo-2w-5d-19h-1m ago

Costamare Inc. Reports 2020 Net Income of $123.7 Million

Costamare Inc.yesterday reported unaudited financial results for the fourth quarter “Q4 2020” and year ended December 31, 2020. I. PROFITABILITY • Q4 2020 Adjusted Net Income available to common stockholders 1 of $32.7 million. • Q4 2020 Adjusted Earnings per Share 1 of $0.27. • Full y....

Hellenic Shipping News Published 3y-2mo-2w-5d-22h-38m ago

Globus Maritime Announces New Charter for the M/V Sun Globe

Globus Maritime Limited, a dry bulk shipping company, announced that it has secured a new charter employment for its vessel Sun Globe a 58,790 deadweight ton built Supramax dry bulk carrier built in 2007, at Tsuneishi Heavy Industries Cebu shipyard . The vessel has been chartered to an unrelated ch....

Hellenic Shipping News Published 3y-2mo-2w-6d-2h-38m ago

LR boosts cyber capacity in Greece

New Nettitude hub will bring advanced cyber expertise to Greece and follows LR’s recent bolstering of Greek commercial team. Nettitude, the cyber security services provider of Lloyd’s Register LR , has announced the location of a new operations centre in Athens, Greece. Founded in 2003 and acqu....

Hellenic Shipping News Published 3y-2mo-2w-6d-6h-38m ago

Tanker Market in the Cusp of a Structural Change

The energy mix is bound to shift, as fossil fuels are expected to take a back seat, in favor of alternative fuels. As such, the tanker market is going to face structural changes moving forward. In its latest weekly report, shipbroker Allied Shipbroking said that “one of the dominating trends in in....

Hellenic Shipping News Published 3y-2mo-2w-6d-18h-38m ago

What’s new in iOS 14.5? Podcasts app redesign, Reminders sorting features, more - 9to5Mac

What’s new in iOS 14.5 Podcasts app redesign, Reminders sorting features, more amp nbsp amp nbsp 9to5Mac....

Shipping News Published 3y-2mo-2w-6d-20h-51m ago

Seanergy Maritime Holdings Corp. Announces New Time Charter Agreements

Seanergy Maritime Holdings Corp. announced today that it has entered into time charter contracts “T/C” for two additional Capesize vessels with Anglo American, a leading global mining corporation, and Pacbulk Shipping, a major Asian drybulk operator. Furthermore, another Capesize vessel of the....

Hellenic Shipping News Published 3y-2mo-2w-6d-22h-38m ago

Canadian Oil Exports Could Offer Support to the Tanker Market

An increase of seaborne crude oil exports from Canada could be the case in the future, after the latest setback regarding the Keystone XL pipeline project. In its latest weekly report, shipbroker Gibson said that “some major but unsurprising decisions shook the North American energy market last We....

Hellenic Shipping News Published 3y-2mo-3w-18h-38m ago

Dry Bulk Market: Seaborne Coal Trade Down 12.7% in 2020

Seaborne coal trade has retreated during 2020, as major exporters witnessed lower trade figures. In its latest weekly report, shipbroker Banchero Costa said that “in the 12 months of 2020, global seaborne coal trade declined by as much as 12.7% year on year, according to vessel tracking data from....

Hellenic Shipping News Published 3y-2mo-3w-2d-18h-38m ago

Capital Product Partners L.P. Announces Fourth Quarter 2020 Financial Results, the Acquisition of Three 5,100 TEU Container Vessels and an up to $30 Million Unit Repurchase Program

Capital Product Partners L.P., an international owner of ocean going vessels, Friday released its financial results for the fourth quarter ended December 31, 2020. Agreed to acquire three 5,100 TEU container vessels with five year employment for a total consideration of $40.5 million. Operating Surp....

Hellenic Shipping News Published 3y-2mo-3w-2d-18h-38m ago

Redesigned AirPods, new iPad Pro and iPad mini, more: Could Apple hold a Spring Event this year? - 9to5Mac

Redesigned AirPods, new iPad Pro and iPad mini, more: Could Apple hold a Spring Event this year amp nbsp amp nbsp 9to5Mac....

Shipping News Published 3y-2mo-3w-2d-19h-20m ago

Diana Shipping Inc. Announces Preliminary Results of Self Tender Offer for Shares of Common Stock

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced the preliminary results of its tender offer to purchase up to 6,000,000 shares of its common stock, par value $0.01 per share, at a price of $2.50 per share, net to the seller in cash, l....

Hellenic Shipping News Published 3y-2mo-3w-2d-22h-38m ago

Best AirPods Max Deals 2021: In stock with four months of free Apple Music at Best Buy - iMore

Best AirPods Max Deals 2021: In stock with four months of free Apple Music at Best Buy amp nbsp amp nbsp iMore....

Shipping News Published 3y-2mo-3w-2d-23h-25m ago

RINA Hellenic Advisory Committee: Resilient 2020 – Fleet Operation Center and Remote Surveys

The first Digital Edition of RINA Hellenic Advisory Committee organized by Spyros Zolotas and the RINA Hellas team, hosted several leaders within the Greek shipping community, who discussed about the challenging but resilient and successful 2020, digital solutions, remote surveys, Cybersecurity and ....

Hellenic Shipping News Published 3y-2mo-3w-3d-18h-38m ago

Globus Maritime Limited Announces Pricing of $16.3 Million Registered Direct Offering

Globus Maritime Limited announced yesterday that it has entered into a securities purchase agreement with certain unaffiliated institutional investors to issue 2.6 million of its common shares or pre funded warrants in lieu thereof and purchase warrants to purchase up to an aggregate of 1.95 milli....

Hellenic Shipping News Published 3y-2mo-3w-3d-22h-38m ago

Buy Animal Crossing's cute new clothing and accessories - digitalspy.com

Buy Animal Crossing amp 39 s cute new clothing and accessories amp nbsp amp nbsp digitalspy.com....

Shipping News Published 3y-2mo-3w-4d-14h-23m ago

Apple raked in record $15.8B in services revenue during Q1 - AppleInsider

Apple raked in record $15.8B in services revenue during Q1 amp nbsp amp nbsp AppleInsider....

Shipping News Published 3y-2mo-3w-4d-18h-21m ago

Dry Bulkers In Demand as Market Recovers

Shipowners’ appetite for dry bulk carriers has been highlighted during the past week, as freight rates have kept their upward trajectory. In its latest weekly report, shipbroker Banchero Costa commented on the S amp 38 P market that “with a strong Capesize market, albeit slowing down a bit in t....

Hellenic Shipping News Published 3y-2mo-3w-4d-18h-38m ago

Apple Reports Record-Setting 1Q 2021 Results: $28.8B Profit on $111.4B Revenue [Conference Call... - MacRumors

Apple Reports Record Setting 1Q 2021 Results: $28.8B Profit on $111.4B Revenue Conference Call... amp nbsp amp nbsp MacRumors....

Shipping News Published 3y-2mo-3w-4d-19h-2m ago

Ships’ Recycling Market Need Careful Navigation as Prices Fluctuate

The demolition market underwent a major price correction during the past few days. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “following the accelerated prices witnessed over the festive season, and into 2021, which was driven by fresh optimism and firm global steel m....

Hellenic Shipping News Published 3y-2mo-3w-5d-18h-38m ago

PwC Greece – Annual Finance Update for the Shipping Industry

PwC Greece shared its insights on the key topics that are currently shaping the landscape for the shipping industry during a virtual, 2 days event titled “The Annual PwC Update for Shipping Industry Finance Professionals”. The event was organized in January 2021 and was attended by more than 100....

Hellenic Shipping News Published 3y-2mo-3w-5d-18h-39m ago

Apple unveils limited-edition Apple Watch Series 6 and more for Black History Month - 9to5Mac

Apple unveils limited edition Apple Watch Series 6 and more for Black History Month amp nbsp amp nbsp 9to5Mac....

Shipping News Published 3y-2mo-3w-6d-2h-35m ago

Apple's TV Streaming Service Subscriber Count Is A Mirage - But It Doesn't Really Matter - Seeking Alpha

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Shipping News Published 3y-2mo-3w-6d-4h-9m ago

Dry Bulk Market is Bound for a Sustainable Rebound

The dry bulk market’s fundamentals are edging towards an improvement, in favor of ship owners. In its latest weekly report, shipbroker Intermodal said that “while 2020 is finally behind us, its negative impacts are still hovering over the shipping market. That being said, it is still too early t....

Hellenic Shipping News Published 3y-2mo-3w-6d-18h-38m ago

Apple Fitness+ Time to Walk brings original celebrity podcasts to Apple Watch - SlashGear

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Shipping News Published 3y-2mo-4w-2h-1m ago

Brazil’s Importance in the Crude Tanker Market Could Increase in the Coming Years

An ambitious plan to double Brazil’s crude production, could yield significant demand for seaborne crude tanker plays down the line. In its latest weekly report, shipbroker Gibson said that “since 2019 Brazil has become the top crude exporter in Latin America, with crude shipments for all produ....

Hellenic Shipping News Published 3y-2mo-4w-18h-38m ago


LPG Trade: The US Market Dominated During 2020

The US market for LPG has cemented its place as a global leader during 2020, with exports in particular ending the year on a positive note, versus a decline in the rest of the world. In its latest weekly report, shipbroker Banchero Costa said that amp 8220 as crude oil and natural gas processing i....

Hellenic Shipping News Published 3y-2mo-4w-2d-18h-38m ago

2021: What to Expect of the Freight Market?

Shipbrokers are trying to gauge the state of the freight markets, as 2021 is already on course, but with many unknowns. In its latest weekly report, shipbroker Allied Shipbroking said that “with any New Year, start new beginnings and many are already in pursuit of setting off this one on the amp ....

Hellenic Shipping News Published 3y-3mo-18h-38m ago

Cybersecurity Specialist Chooses Athens for its Next Step of Expansion in the European Market

Nettitude announced the location of our new office in Athens. This milestone is a major move for our global organisation as we continue to identify strategic locations in which to offer our threat led services that span Technical Assurance, Consulting and Managed Detection and Response. With specifi....

Hellenic Shipping News Published 3y-3mo-18h-38m ago

Diana Shipping Inc. Announces Time Charter Contract for m/v Calipso With Viterra

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly owned subsidiary, it has entered into a time charter contract with Viterra Chartering B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Ca....

Hellenic Shipping News Published 3y-3mo-22h-38m ago

Ship Owners Load up on Newbuilding Bulk Carriers

The current market sentiment appears to be rather bullish when it comes to dry bulk newbuildings. In its latest weekly report, shipbroker Allied Shipbroking said that “this was another impressive week for the dry bulk newbuilding market, with buying appetite seemingly being refreshed, reflecting t....

Hellenic Shipping News Published 3y-3mo-1d-18h-38m ago

Navios South American Logistics Inc. Announces Submission of Confidential Draft Registration Statement

Navios South American Logistics Inc. announces it has confidentially submitted a draft Registration Statement on Form F 1 to the United States Securities and Exchange Commission the amp 8220 SEC amp 8221 relating to the proposed initial public offering of its common stock. The number of shares....

Hellenic Shipping News Published 3y-3mo-1d-22h-38m ago

Ships’ Recycling Activity Loses Some Steam

The ships’ recycling market started 2021 rather strongly. However, as things stand, some of the momentum built has gone, which could be an indication that some fluctuations could be on the cards. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the market appears to be f....

Hellenic Shipping News Published 3y-3mo-2d-18h-38m ago

Ince Piraeus adds lateral hire to expanding shipping team

International legal and professional services firm Ince has announced the hire of Konstantinos Dinos Mexias as Partner in Piraeus, to strengthen its already world leading shipping team. Dinos is an accomplished finance specialist, with skills across all aspects of ship finance. During his career, ....

Hellenic Shipping News Published 3y-3mo-3d-6h-38m ago

How To Use Apple Pay In Pakistan – Complete Guide! - DND

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Shipping News Published 3y-3mo-3d-8h-44m ago

China’s Iron Ore Imports Up 6.5% During 2020

Seaborne iron ore trade continued to be dominated by China, even more so, during the pandemic. In its latest weekly report, shipbroker Banchero Costa said that “seaborne iron ore trade remained relatively resilient in 2020, at least in Asia, despite the global economic impact from COVID 19. Global....

Hellenic Shipping News Published 3y-3mo-3d-18h-38m ago

One in Four VLCCs to be Fitted With Scrubbers By the End of 2021

Scrubber uptake has been quite widespread in the VLCC segment, with shipbroker Gibson estimating that up to 31% of the existing fleet already fitted with the systems, while by the end of 2021, that share is expected to increase to about 40%. Scrubber make more financial sense to larger ships, where ....

Hellenic Shipping News Published 3y-3mo-4d-18h-38m ago

Tanker Market Edged Higher During December

The tanker market posted a mild rebound during the month of December. According to the latest monthly report from OPEC, dirty tanker rates experienced a slight improvement m o m in December, while still remaining near multiyear lows amid a persistent imbalance in tanker demand and availability. VLCC....

Hellenic Shipping News Published 3y-3mo-6d-18h-38m ago

More Scrapping, Fewer Deliveries Bode Well for the Dry Bulk Market in 2021

A smaller dry bulk fleet could be on the cards for 2021, should the existing trends and estimates materialize. In its latest weekly analysis, shipbroker Intermodal said that “we expect the rise in scrap prices amid the inflection of steel prices to multi year highs to incentivize scrapping of vint....

Hellenic Shipping News Published 3y-3mo-1w-18h-38m ago

Globus Maritime Announces New Charter for the M/V Star Globe

Globus Maritime Limited the “Company” or amp 8220 Globus amp 8221 NASDAQ: GLBS , a dry bulk shipping company, announced today that it has secured new time charter employment for its vessel Star Globe a 56,867 deadweight ton built Supramax dry bulk carrier built in 2010, at Kouan Shipbuil....

Hellenic Shipping News Published 3y-3mo-1w-1d-2h-38m ago

Dry Bulk Market Could Be Set for a Sustainable Rebound During 2021

The fundamentals for the dry bulk market seem to be improving as we entered 2021. A moderate dry bulk fleet growth during 2020, combined with improving demand, could set the tone for this year. In its latest weekly report, shipbroker Allied Shipbroking said that “the rally noted during 2020 in the....

Hellenic Shipping News Published 3y-3mo-1w-1d-18h-38m ago

Diana Shipping Inc. Announces Increase in Tender Offer Price for its Shares of Common Stock and Extension of Expiration Date

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that it is amending the terms of its previously announced cash tender offer the “Tender Offer” to purchase up to 6,000,000 shares of its outstanding common stock to increase the pr....

Hellenic Shipping News Published 3y-3mo-1w-1d-22h-38m ago

Ship Owners Load Up on Newbuildings and Second Hand Ships

The start of the new year has been rather bullish in terms of contracting in the newbuilding market, while the S amp 38 P market has been rather active as well. In its latest weekly report, shipbroker Allied Shipbroking talked about “an impressive break period for the newbuilding market, with sev....

Hellenic Shipping News Published 3y-3mo-1w-2d-18h-38m ago

Seanergy Maritime Holdings Corp. Announces Successful Completion of $179 million Financial Restructuring

Seanergy Maritime Holdings Corp. announced today that it has reached final agreements with certain of its senior lenders and junior lender, for the financial restructuring of a total of $179 million, consisting of four senior credit facilities the “Senior Facilities” , three junior credit facil....

Hellenic Shipping News Published 3y-3mo-1w-2d-18h-38m ago

Ships’ Recycling Activity Start 2021 On a Positive Note

An upwards pricing trend in the demolition market, could trigger more tonnage sales towards recycling yards. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “it feels like the recycling market has brought gifts to the shipping industry as the New Year heralded in with dram....

Hellenic Shipping News Published 3y-3mo-1w-3d-18h-38m ago

Diana Shipping Inc. Announces Time Charter Contract for m/v Electra with SwissMarine

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly owned subsidiary, it has entered into a time charter contract with SwissMarine Pte Ltd., Singapore, for one of its Post Panamax dry bulk vessels, the m/v ....

Hellenic Shipping News Published 3y-3mo-1w-3d-18h-39m ago

South Africa Coal Exports: Are They Still a Factor in the Dry Bulk Market

South African coal exports were always one of the dry bulk market’s most important trades. Based on the latest available data, during 2020, South Africa’s coal exports were increased. In a recent report, shipbroker Banchero Costa said that “South Africa is the fourth largest exporter of coal i....

Hellenic Shipping News Published 3y-3mo-1w-6d-18h-38m ago

TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

TEN Ltd., a leading diversified crude, product and LNG tanker operator, yesterday announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares the “Series F Preferred Shares....

Hellenic Shipping News Published 3y-3mo-1w-6d-22h-38m ago

The Wanted star Tom Parker confirms "significant reduction" of brain tumour - Yahoo News UK

The Wanted star Tom Parker confirms amp 34 significant reduction amp 34 of brain tumour amp nbsp amp nbsp Yahoo News UK....

Shipping News Published 3y-3mo-2w-4h-6m ago

Tanker Market Starts the Year on a Positive Note

The tanker market has entered 2021 with renewed optimism thus far, despite estimates of the opposite. In its latest weekly report, shipbroker Fearnleys said that in the VLCC market “there was hope in the air for the first full trading week of the New Year, with added volumes from OPEC+ and the per....

Hellenic Shipping News Published 3y-3mo-2w-18h-38m ago


Ship Repairs Focused on Drydock Postponements and Remote Attendances

The ship repair hasn’t remained in a “business as usual” mode during 2020. In a recent weekly report, shipbroker Intermodal said that “by the end of 2020, the ship repair sector ends up in a completely different form than expected a year ago. From the Era of scrubber retrofits and packed shi....

Hellenic Shipping News Published 3y-3mo-2w-1d-18h-38m ago

Dry Bulk Acquisitions in 2020 Reached Similar Levels as 2019

Despite the pandemic, deals for dry bulk carriers managed to reach over 500 during 2020, a level similar to 2019. In its latest weekly report, shipbroker Intermodal, “despite the market shock in the 1H2020 and the suppression of interest in SnP, the 2H2020 compensated for the previous standstill, ....

Hellenic Shipping News Published 3y-3mo-2w-2d-18h-38m ago

Euploia Drydocks & Services Ltd announces Exclusive Collaboration with Crug Ltd Marine Sealing Solutions

Euploia Drydocks amp 038 Services Ltd is proud to announce a new exclusive representation in the field of Sterntube / Propulsion Sealing Solutions and Services, with one of the most well established companies in Cyprus, CRUG LTD. Euploia Drydocks and Services Ltd wish to expand the range of servi....

Hellenic Shipping News Published 3y-3mo-2w-2d-18h-38m ago

Russian LNG Exports: A Year in Review

LNG exports from Russia were down during the Jan. Oct. 2020 period for the majority of destinations, apart from China and Taiwan. In a recent weekly note, shipbroker Banchero Costa said that “Russia is the fourth largest exporter of liquified natural gas in the world, after Qatar, Australia, and t....

Hellenic Shipping News Published 3y-3mo-2w-3d-18h-38m ago

Navios Maritime Partners L.P. And Navios Maritime Containers L.P. Announce Definitive Merger Agreement

Navios Maritime Partners L.P. “Navios Partners” NYSE: NMM and Navios Maritime Containers L.P. “Navios Containers” NASDAQ: NMCI announced yesterday that they entered into a definitive merger agreement under which Navios Partners will acquire all of the publicly held common units of Na....

Hellenic Shipping News Published 3y-3mo-2w-3d-18h-38m ago

Capital Gas Ship Management Corp. Takes Delivery of LNG Carrier ‘Aristidis I’

Capital Gas Ship Management Corp. took successful delivery today of the newbuilding LNG Carrier ‘Aristidis I’, built by Hyundai Heavy Industries, S.Korea. With cargo capacity of 174,000 m3, the vessel is highly efficient, propelled with XDF engines and equipped with the latest available technolo....

Hellenic Shipping News Published 3y-3mo-2w-3d-18h-38m ago

Apple Launches New Weekly Fitness+ Series and Apple Music Playlists - MacRumors

Apple Launches New Weekly Fitness+ Series and Apple Music Playlists amp nbsp amp nbsp MacRumors....

Shipping News Published 3y-3mo-2w-4d-4h-20m ago

GasLog Upgraded at TheStreet

GasLog was upgraded by equities researchers at TheStreet from a amp 8220 d+ amp 8221 rating to a amp 8220 c amp 8221 rating in a research note issued on Wednesday, TheStreetRatingsTable reports. GLOG has been the subject of a number of other reports. ValuEngine raised shares of GasLog from ....

Hellenic Shipping News Published 3y-3mo-2w-4d-18h-39m ago

Castor Maritime Inc. Announces Pricing of $18.0 Million Registered Direct Offering

Castor Maritime Inc. announces today that it has entered into a securities purchase agreement with certain unaffiliated institutional investors to issue approximately 94.8 million of its common shares and warrants to purchase up to an aggregate of 94.8 million common shares at a purchase price of $0....

Hellenic Shipping News Published 3y-3mo-2w-4d-23h-38m ago

Newbuilding Orders Slowed Down at the End of the 2020, But Second Hand Bulker Demand Remained High

2020 won’t be a year to remember for newbuildings. A combination of pandemic, trade contraction and uncertainty surrounding existing and future regulation compliance guidelines, pushed more ship owners towards the S amp 38 P market for their tonnage needs. In its latest weekly report, shipbroker ....

Hellenic Shipping News Published 3y-3mo-3w-18h-38m ago


Performance Shipping Inc. Announces the Date for its 2021 Annual General Meeting of Shareholders and Adoption of Amended and Restated Equity Incentive Plan

Performance Shipping Inc., a global shipping company specializing in the ownership of tankers, announced today that the Company will hold its 2021 Annual General Meeting of Shareholders the “Meeting” on February 25, 2021 in virtual format. Shareholders and their proxy representatives will not ....

Hellenic Shipping News Published 3y-3mo-3w-1d-22h-38m ago

“Vaccine race” Could Determine the Pace of Shipping’s Recovery

The pace of shipping’s recovery could be determined by the so called “vaccine race”. In its latest weekly report, shipbroker Allied Shipbroking said that “here we are, but a few days before the end of a very eventful year, while the focus amongst many is already keenly being placed as to the....

Hellenic Shipping News Published 3y-3mo-3w-3d-18h-38m ago

Port, pride and promise — A tale of Piraeus’ revitalization

amp 8220 No matter how much I search, I cannot find another port that makes me go crazy as much as Piraeus, amp 8221 goes a popular ballad titled amp 8220 The Children of Piraeus. amp 8221 The song carries the great pride the Greek people take in the Port of Piraeus, a millennia old harbor s....

Hellenic Shipping News Published 3y-3mo-3w-3d-18h-38m ago


Ship Recycling Market Looking Active as Tonnage Supply Increases

More ship owners appeared willing to offload their older ships as 2020 nears its end. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “following the sudden drop in price levels from Bangladesh this week, there appears to be a level playing field across all the recycling de....

Hellenic Shipping News Published 3y-3mo-4w-1d-18h-38m ago

Newbuilding Market Slowing Down as Holiday Season Nears

Newbuilding ordering activity has taken a back seat, as the Holiday Season approaches. In its latest weekly report, Allied Shipbroking said that “an anticipated slow down was witnessed in the newbuilding market as we are approach the end of the year, with most buying appetite seemingly rescheduled....

Hellenic Shipping News Published 3y-3mo-4w-2d-18h-38m ago

Diana Shipping Inc. Announces Extension of Tender Offer for Shares of Common Stock

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that in light of the declaration of a federal holiday on December 24, 2020, the Company has extended its previously announced cash tender offer to purchase shares of its common stock unt....

Hellenic Shipping News Published 3y-3mo-4w-2d-22h-38m ago


Safe Bulkers, Inc. Entered into an Agreement for the Acquisition of a Post-Panamax Class Dry-bulk Japanese Vessel with Delivery in the 3rd quarter of 2022

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of a Japanese built, dry bulk, Post Panamax class, 87,000 dwt, newbuild vessel at an attractive price with a scheduled delivery within th....

Hellenic Shipping News Published 3y-4mo-6h-38m ago

Euroseas Ltd. Announces New Charter for its M/V “Synergy Antwerp”

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced the extension of the charter of its container vessel M/V “Synergy Antwerp”. Specifically: M/V “Synergy Antwerp”, a 4,253 teu vessel built in 2008, wa....

Hellenic Shipping News Published 3y-4mo-6h-38m ago

Major Commodities’ Trade Could Bode Well for Shipping During 2021

Trade volumes for iron ore and other dry bulk commodities have shown considerable promise of late, offsetting the coal “issue” between China and Australia. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a week of further boosts in global commodity prices as t....

Hellenic Shipping News Published 3y-4mo-18h-38m ago

Tanker Market Weak Throughout November

The tanker market stayed weak during the month of November, OPEC said in its latest monthly report. Dirty tanker rates remained weak in November, at the historically low levels so far in 2H20, amid ample tonnage lists. However, signs indicating that November could be the bottom of the market have pr....

Hellenic Shipping News Published 3y-4mo-3d-18h-38m ago

Diana Shipping Inc. Announces Sale of a Panamax Dry Bulk Vessel, the m/v Oceanis; and a Time Charter Contract for m/v New York

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has signed, through a separate wholly owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2001 built vessel “Oceanis”, with delivery to th....

Hellenic Shipping News Published 3y-4mo-3d-22h-38m ago

Star Bulk Agrees to Acquire ?hree Dry Bulk Vessels From E.R. Capital Holding

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes announced today that it has entered into a definitive agreement with entities affiliated with E.R. Capital Holding GmbH amp amp Cie. KG “E.R.” or “Sellers” pursuant to which the Compan....

Hellenic Shipping News Published 3y-4mo-4d-6h-38m ago

Trade Financing To Experience Period of Tranformation, Post-COVID

The existing disruptions in the global supply chain and commodities’ trade is having an impact on all aspects of trade, including financing. In its latest weekly report, shipbroker Intermodal said that “trading companies frequently count on short term credit lines to finance their deals. In case....

Hellenic Shipping News Published 3y-4mo-4d-18h-38m ago