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WEB4 days ago · 50% increased dividend from amount paid for 2023 operations Dynamic growth and renewal - 21 vessels contracted/acquired within 2024 Minimum contracted revenues of $2.0 billion TST inaugurates...
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WEBAug 26, 2024 · Capital Clean Energy Carriers Corp. (“CCEC”, “we” or “us”) (NASDAQ: CCEC), an international owner of ocean-going vessels, announces today completion of our conversion from...
Updated transit levels at Panama Canal don’t faze LNG shippers
WEBApr 22, 2024 · Daily transits through the canal’s Neopanamax locks will increase from seven to eight June 1, the authority said in a shipping notice April 15. The additional slot will be added to period 2, corresponding to bookings made eight to 14 days before the desired transit date, which currently only has one slot. LNG vessels can only use the slots ...
Maersk Broker to rebrand as MB Shipbrokers in management buyout
WEBJan 3, 2024 · 2003. The management of Maersk Broker, one of the oldest continuously operating brokers in the shipping industry, has agreed to a management-led buyout of the firm from its long-standing owners, the Mc-Kinney Møller family. “The change of ownership is based on a common ambition of the seller and the buyer to …
Asia-Pacific Supramax, Panamax rates plunge on poor …
WEBJun 12, 2023 · Asia-Pacific Supramax and Panamax time-charter equivalent rates in the second quarter of 2023 have so far more than halved from Q2 2022 because of weak Chinese commodities demand and fewer congestions at ports, dry bulk market participants said June 9. The Platts APSI 5 Index, a ton-mile weighted average index of five Supramax routes within […]
Port of Los Angeles Completes Everport Container Terminal …
WEBApr 5, 2022 · 464. The Port of Los Angeles has completed construction of the $65 million Everport Terminal Improvement Project located at Berths 226-236 along the Los Angeles Main Channel. The project allows Everport to improve the container-handling efficiency and capacity of its existing terminal to accommodate the projected fleet mix of larger container ...
Japan shipbuilding pins comeback hopes on zero-emissions vessels
WEBSep 27, 2021 · In Japan, Mitsui E&S Holdings is developing an engine that will be supplied to Imabari. LNG is currently the fuel of choice for fielding green ships. LNG emits 20 to 30% less carbon dioxide than fuel oil. But as the marine shipping market has slumped in the recent past, “Japanese shippers have stalled in deploying” LNG ships, said a source ...
Market Reports Archives - Shipping Herald
WEBSep 4, 2024 · Intermodal Weekly Market Report [W34] Following Russia’s invasion in Ukraine in February 2022, there has been an observable increase in premiums associated with imposed sanctions and war insurance…. Read more.
Shipping News Archives - Shipping Herald
WEBSep 13, 2024 · Baltic index falls as capesize rates decline. The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Thursday, weighed down by losses in the... Read more. Cruise Lines International Association statement regarding tourism management measures in Greece. The cruise sector is a success story ...
Dynacom linked to LR1 newbuilding orders in China
WEBJanuary 16, 2024. 0. 7055. George Procopiou-led Dynacom has reportedly placed an order to build six 75,000-dwt LR1 tanker vessels at New Times Shipbuilding. Moreover, it is reported that Dynacom has ordered two LR1 newbuildings at Yangzijiang Shipbuilding. The vessels are slated for delivery in 2026 and 2027, with the cost at USD 53 million each.